Cleveland Fed President Loretta Mester said yesterday, “we’re at a point where we’re going to enter a restrictive stance of policy. At that point, I think it makes sense that we can slow down a Read more…
San Francisco Fed President Mary Daly said yesterday that “it’s premature in my mind to take anything off the table”, regarding the size of rate hike in December. She added. “I’m going into the meeting Read more…
ECB Governing Council member Mario Centeno was asked yesterday about whether the central bank should hike by less that 75bps in December. He said, “I think there are conditions in place — many conditions — Read more…
Key Highlights GBP/USD climbed higher and tested the 1.2000 resistance zone. A major bullish trend line is forming with support near 1.1740 on the 4-hours chart. Crude oil price gained bearish momentum below the $80.00 Read more…
Whilst there has been some mild expectations that inflation around parts of the world have topped out, recent data for New Zealand is remining us that inflation can remain at elevated levels for longer than Read more…
The week started off on the right foot for European data this week, although it may be a bit difficult to comprehend! German PPI for October was only up 34.5% YoY vs and expectation of Read more…
EURUSD under bearish pressure Likely to fall to support level 1.02 EURUSD under the strong bearish pressure after the pair reversed down from the pivotal resistance level 1.037 (former monthly low from May and June, Read more…
AUDUSD reversed from resistance level 0.6725 Likely to fall to support level 0.6500 AUDUSD recently reversed down from the key resistance level 0.6725 (former multi-month low from July), strengthened by the upper daily Bollinger Band Read more…
The new owner of Twitter wants to find new sources of revenue. Apple stands in its way. Elon Musk and Apple quietly maintain a rivalry that occasionally comes to light. But most often the confrontation Read more…