“Their analyses have been of great practical importance in regulating financial markets and dealing with financial crises,” The Royal Swedish Academy of Sciences said. Former Federal Reserve Chairman Ben Bernanke was part of a trio Read more…
Stock futures edge lower as October rally faces inflation test; Week Ahead: earnings, inflation and Fed minutes in focus; Tesla sees record September china sales after Shanghai re-boot; Ford, GM shares slump after UBS downgrade Read more…
EURUSD has been losing ground since the beginning of the year, creating a clear structure of lower highs and lower lows within a descending channel. Although the pair managed to post a moderate rebound after finding its feet at Read more…
USDJPY inched slightly lower to retest Friday’s constraints in the four-hour chart after stretching its gains moderately up to 145.66 – the highest in almost three weeks. Previously, the pair closed marginally above an ascending Read more…
Cable starts the week in a quiet mode and holding within a narrow range above 1.1053 (Fibo 38.2% of 1.0348/1.1489 upleg / last Friday’s low) where the strong fall in past three days found temporary Read more…
In the long term, the EURUSD currency seems to be forming a bearish cycle impulse, which consists of five main sub-waves I-II-III-IV-V. Most likely, the cycle impulse sub-wave III was fully completed, after which the Read more…
ECB Governing Council member Francois Villeroy de Galhau said the central bank is engaged in bringing down inflation to 2% target in “two to three years” time. “It is a very strong signal the central Read more…
Eurozone Sentix investor confidence dropped from -31.8 to -38.3 in October, lowest since May 2020. Current situation index dropped from -26.5 to -35.3, worst since August 2020. Expectations index dropped from -37.0 to -41.0, lowest Read more…
Daily Pivots: (S1) 160.46; (P) 161.53; (R1) 162.28; More… Intraday bias in GBP/JPY remains neutral first. While further rise could be seen, strong resistance might be seen from 169.10 high to limit upside, at least Read more…
Daily Pivots: (S1) 141.14; (P) 141.68; (R1) 142.14; More…. Intraday bias in EUR/JPY remains neutral for the moment. On the downside, break of 140.77 minor support will turn bias back to the downside, to extend Read more…