Technical Analysis EURUSD corrects higher into overhead resistance 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 …
Central Banks BOJ’s Ueda: We aim to rely on markets to determine long-term rates but there are limits Posted onJuly 28, 2023 The 0.50% to 1.00% frame is to respond to future risks Now, we have added room to deal with upward moves in interest rates Policy …
Technical Analysis AUDUSD Technical Analysis – The bearish bias remains intact Posted onJuly 28, 2023 The AUDUSD resumes its fall as the US data remains hot. The Fed raised rates by 25 bps as expected and kept the policy statement …
Central Banks BOJ’s Ueda: Not expecting long-term yields to rise to 1% Posted onJuly 28, 2023 Will respond to speed and level of long-term rates if they move beyond 0.50% There is still a distance to achieving 2% inflation target As …