This week’s most eagerly-anticipated macro event is the June US Consumer Price Index, which is due to come in on Wednesday at 13:30 BST (08:30 EDT). Inflation has been a hot topic in the markets Read more…
The Bank of Canada will conclude its regular monetary policy meeting on Wednesday and traders are bracing for another rate hike… After starting the year at a mere 0.25% overnight interest rate, the Bank of Read more…
The UK prime minister saw his career suddenly collapsing last week at the most burdensome period for the economy. While the race to replace him is already heating up, his unfinished political goals suggest his Read more…
The Reserve Bank of New Zealand is widely anticipated to stay on its rate hike course on Wednesday when it announces its latest policy decision at 02:00 GMT. A 50-basis-point rate increase is fully priced Read more…
DXY: On the H4, with prices moving above the ichimoku indicator and along the ascending trendline, we have a bullish bias that prices will drop and rise from 1st support at 105.794 where the pullback Read more…
It’s all USD flow today – we’ve seen breakouts and downs in the DXY, AUDUSD, USDJPY, NZDUSD, GBPUSD and EURUSD is a whisker away from parity. The wrecking ball that is the USD is on Read more…
Bitcoin for now is contained within a range, but can a catalyst say US CPI cause a breakout? Bitcoin ran into a wall of resistance as it moved towards the upper bound of its range. Read more…
The two assets currently share a correlation coefficient of -0.96, a very strong negative correlation. Therefore, if the DXY continues to move higher, one could suspect that XAU/USD will be moving lower! The US Dollar Read more…
Six Flags is rolling out a record-breaking new roller coaster ride. Theme parks across the country have been introducing new rides frequently this year to meet the challenges from their competition. Walt Disney Co.’s (DIS) Read more…
Popeye’s tries to repeat its extraordinaire launch with something other than chicken. If Popeyes Restaurant Brands International Inc. (QSR) – Get Restaurant Brands International Inc. Report wasn’t popular before, it is now. Popeyes became a household Read more…