Eurozone CPI was finalized at 5.9% yoy in February, up from January’s 5.1% yoy. The highest contribution to the annual euro area inflation rate came from energy (+3.12%), followed by services (+1.04%), food, alcohol & Read more…
Stock futures move lower as markets retrench from hawkish Fed; Powell kicks-off tightening cycle with first hike since 2018; Occidental shares extend gains as Buffett builds bigger stake; FedEx shares edge higher ahead of Q3 Read more…
WTI oil futures (April delivery) started the day on a positive note on Thursday after two weeks of harsh selling. The positive momentum in the price is following the formation of a bullish doji around 95.32, which Read more…
In behaviour reminiscent of equity markets overnight, the US dollar staged a full retreat as stimulus hopes out of China, and an apparent Ukraine agreement inching closer to reality saw a mass exodus out of Read more…
Do you need to regenerate or flush your WordPress permalinks? If you are not able to view your website content, then neither can your visitors. Broken links and 404 errors can damage the user experience, Read more…
GBP/EUR falls ahead of BoE rate decision EUR/GBP is falling for a third straight session day as attention turns to the BoE. The BoE is expected to raise interest rates by 25 basis points taking Read more…
EURUSD found some support recently, but move from the low is not in five waves for now, so we are still tracking a higher degree downtrend, currently with a pause that appears like a wave Read more…
The US 30 index has witnessed an uptick over the last few trading sessions as the negativity in the price seems to be waning. However, the index continues to record a series of successive lower Read more…
AUDUSD rebounded off the short-term ascending trend line, currently flirting with the 200-day simple moving average (SMA) around the 0.7300 psychological mark. As regards the technical indicators, the RSI is strengthening its bullish move above the neutral threshold Read more…
EUR/USD A rate hike by the Fedis already a fact – the first of its kind since 2018. At the time of writing the analysis, the pair is just about to test the resistance zone Read more…