Central Banks Atlanta Fed GDPNow estimate for Q3 stays unchanged at 4.9% The Atlanta Fed model for Q3 growth remained elevated at 4.9% after the data released today. In their own words: The GDPNow model estimate for …
Technical Analysis GBPUSD extends above 200 hour MA. Can the buyers keep the momentum going now? Posted onOctober 5, 2023 The GBPUSD is making a break above its 200-hour moving average at 1.21546. Yesterday the price tried to extend above that level and last week …
Central Banks ECB’s Villeroy: Increase in bond yields may be excessive but is helping to tighten Posted onOctober 5, 2023 Increase in bond yields may be excessive but it is helping to tighten financial conditions I don’t think an additional rate hike is justified now …
Technical Analysis AUDUSD rises sharply higher in the Asian session and then erases gains. What now? Posted onOctober 5, 2023 The AUDUSD moved sharply higher in the Asian session, only to retrace the gains in the European session. Since then the price has been waffling …
Central Banks The interaction between the long and short end will torture Fed decision makers Posted onOctober 5, 2023 The long-end of the bond market may have done the final round of hiking for the Fed. There is a pre-occupation about short-term rates in …
Technical Analysis Crude oil falls to key support level today, and is seeing a bounce higher. What next? Posted onOctober 5, 2023 The price of WTI crude oil fell to a low of $82.40 today. That level was just short of the low of a swing area …
Technical Analysis USDCAD trades to a new high, but only by a few pips. What next technically? Posted onOctober 5, 2023 The USDCAD price has seen a sharp move to the upside, helped by a sharp fall in crude oil prices of late (down -$12-$13 over …
Technical Analysis Kickstart your FX trading on October 5 with a technical look at EURUSD, USDJPY and GBPUSD Posted onOctober 5, 2023 *** If you like this video, give it a thumbs up. Feel free to leave comments, share or subscribe to our station on YouTube too. …
Technical Analysis THe NZD is the strongest and the CAD is the weakest of the major currencies Posted onOctober 5, 2023 As the North American session begins, the NZD is the strongest and the CAD is the weakest. The USD is lower as yields dip modestly …
Technical Analysis EURUSD Technical Analysis – These levels will be key for the next direction Posted onOctober 5, 2023 US: The Fed left interest rates unchanged as expected at the last meeting. The macroeconomic projections were revised higher as the economy showed much stronger …
Central Banks ECB’s Lane: Credit dynamic really has been quite weak Posted onOctober 5, 2023 It is below what we would have expected last year This is in part one reason why the ECB has to be careful so as …