Key Highlights USD/JPY started a decent increase from the 113.50 zone. It broke a crucial bearish trend line with resistance near 114.20 on the 4-hours chart. EUR/USD surged above 1.1350, and GBP/USD spiked above 1.3600. Read more…
After the hawkish ECB meeting today, we change our ECB call and now expect the ECB to hike its deposit facility rate in December this year, and again in March 2023, by 25bp each, which Read more…
The Bank of England hikes rates by 25bps, as expected. However, the decision was close to being a 50bps hike, as 4 of the 9 members voted for the higher rate increase. The markets took Read more…
The ECB left its key interest rates unchanged today at 0.0% and left the deposit rate unchanged at -0.5% as well. In the statement, the committee “judges that realized progress on inflation is sufficiently advanced Read more…
EURUSD reversed from support zone Likely to rise to resistance level 1.1470 EURUSD currency pair recently reversed up sharply from the support zone lying between the major support level 1.12 (which has been reversing the Read more…
EURAUD broke resistance zone Likely to rise to resistance level 1.6125 EURAUD currency pair recently broke the resistance zone lying between the key resistance level 1.5950 (which has been reversing the pair from January) and Read more…
Surge in online retailer and web services provider’s shares following earnings results suggests sharp rise to start Friday. A day after Facebook parent Meta Platforms (FB) – Get Meta Platforms Inc. Class A Report posted disastrous Read more…
Image: Google Google announced today via its Google for Education blog that it’s starting a repairability program to help schools fix Chromebooks in-house, and turn it into a valuable training opportunity for students looking into Read more…
Jim Cramer says, ‘We all gotta calm down,’ and investors should be on the lookout for the best buying opportunities in this ’emotional’ market. This is one of the most emotional markets Jim Cramer has Read more…