Technical Analysis US dollar moves lower after University of Michigan data The US dollar has moved lower after the University of Michigan data came in weaker than expectations. The one year inflation expectation came in at …
Technical Analysis The USDCAD rebounds higher to test a key barometer at the 100 hour moving average Posted onSeptember 15, 2023 The USDCAD has spiked higher over the last few hours after testing the low from yesterday and a swing area down to 1.3494. The inability …
Technical Analysis Kickstart the trading day with a technical look at the EURUSD, USDJPY and GBPUSD Posted onSeptember 15, 2023 In the morning forex video, I kickstart the trading day by taking at technical look at the EURUSD, USDJPY and GBPUSD. EURUSD: The EURUSD is …
Central Banks US Empire Fed manufacturing index for September 1.90 versus -10.00 estimate Posted onSeptember 15, 2023 Prior month -19.00 (was expecting -1.00) Details: New orders 5.1 versus -19.9 last month Shipments 12.4 versus -12.3 last month Prices paid 25.8 versus 25.2 …
Technical Analysis The AUD is the strongest and the JPY is the weakest as the NA session begins Posted onSeptember 15, 2023 The AUD is the strongest and the JPY is the weakest as the North American session begins. The US dollar is mixed with the largest …
Technical Analysis NZDUSD Technical Analysis – The bearish trend is still intact Posted onSeptember 15, 2023 US: The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting. Fed Chair Powell reaffirmed their data dependency and …
Central Banks ECB’s Lagarde: We have not discussed rate cuts Posted onSeptember 15, 2023 What we do next on rates will be on a data-dependent basis If euro area economic data continues to worsen at the current pace, don’t …
Central Banks ECB’s Kazaks: Latest monetary policy move was not a ‘dovish hike’ Posted onSeptember 15, 2023 It does not preclude future decisions Comfortable with current level of rates Sees inflation target being reached in 2H 2025 April rate cut would be …
Central Banks ECB’s Lagarde: We will set rates at restrictive level for as long as needed Posted onSeptember 15, 2023 We will return to 2% inflation target To set rates at restrictive level as long as needed for that Eurozone will not grow as much …
Technical Analysis USDCAD Technical Analysis – The pair is at a key level Posted onSeptember 15, 2023 US: The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting. Fed Chair Powell reaffirmed their data dependency and …
Technical Analysis USDJPY Technical Analysis – The bias remains bullish Posted onSeptember 15, 2023 US: The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting. Fed Chair Powell reaffirmed their data dependency and …