Central Banks Atlanta Fed GDPNow model starts Q3 growth at 3.5% Posted onJuly 28, 2023 The Atlanta Fed GDPNow model which forecasts growth for the quarter from published data has started its Q3 estimate at 3.5%. In their own words: …
Technical Analysis GBPUSD this week stayed within support and resistance targets. Trades near neutral levels. Posted onJuly 28, 2023 It is Friday, so it is a good time to look back at the price action this week and then look forward to what the …
Technical Analysis USDJPY has a volatile up and down day as traders digest BOJ move(and other data this week) Posted onJuly 28, 2023 The Bank of Japan met and eased their yield curve control on the 10 year effectively expanding their tolerance by a further 50 basis points …
Technical Analysis EURUSD corrects higher into overhead resistance Posted onJuly 28, 2023 The EURUSD has corrected higher in trading today and the softer-than-expected core PCE data helped to push the price to a new high for the …
Technical Analysis The GBP is the strongest and the AUD is the weakest as the NA traders enter for the day Posted onJuly 28, 2023 The GBP is the strongest and the AUD is the weakest as the North American traders enter for the day Today will be highlighted in …
Technical Analysis NZDUSD Technical Analysis – Bearish bias remains intact Posted onJuly 28, 2023 The Fed hiked interest rates by 25 bps as expected and kept the policy statement unchanged. The market was looking for clues and hints on …
Central Banks ECB’s Villeroy: Upcoming meeting decisions will be entirely data driven Posted onJuly 28, 2023 Need to be pragmatic and keep an open mind Perseverance is now key given the time needed for full transmission of policy French inflation is …
Technical Analysis Gold Technical Analysis – The sellers are eyeing a big selloff Posted onJuly 28, 2023 The Fed hiked interest rates by 25 bps as expected leaving the policy statement unchanged. The market was eager to get some clues on the …
Central Banks ECB’s Kazimir: Premature to consider a September pause the end of the tightening cycle Posted onJuly 28, 2023 We should take a firm step further on our way to the top Even if we do take a break in September, it would be …
Central Banks ECB’s Simkus: Choice in September is between 25 bps rate hike and no change Posted onJuly 28, 2023 Meanwhile, ECB policymaker Stournaras said that a September rate hike is “unlikely” but if it were to be the case, it would be the last …
Technical Analysis USDJPY Technical Analysis – The sellers are looking at these levels Posted onJuly 28, 2023 The Fed hiked interest rates by 25 bps as expected leaving the policy statement unchanged. Tha market was more focused on hints and clues on …