Month: December 2022

Usually, we have all the key data points ahead of an FOMC decision to make a better evaluation of what could happen. But this time, the most important data for the Fed will be released Read more…

Germany ZEW Economic Sentiment rose from -36.7 to -23.3 in December, above expectation of -26.3. Current Situation Index rose from -64.5 to -61.4, below expectation of -57.0. Eurozone ZEW Economic Sentiment rose from-38.7 to -23.6, Read more…

GBP/USD rises post jobs data & ahead of US inflation figures GBP/USD is heading higher towards 1.23 following the UK jobs data. While unemployment ticked higher to 3.7%, up from 3.6%, UK wage growth excluding Read more…

GBPUSD has been attempting a strong rebound after finding its feet at the all-time low of 1.0324 in late September. Even though the pair managed to cross above the crucial 200-day simple moving average (SMA), its Read more…

Cable keeps positive tone and continues to pressure key barriers at 1.2300 zone (former top of Aug 1 / 50% retracement of larger 1.4249/1.0348 downtrend), where bulls face strong headwinds for the third consecutive week. Read more…

Swiss State Secretariat for Economic Affairs SECO revised down inflation forecasts for 2022 and 2023. For 2022, CPI is projected to be at 2.9% (comparing with September forecast of 3.0%). 2023 CPI is estimated to Read more…

EURJPY is surging above the short-term simple moving averages (SMAs) after the strong rebound off the 140.90 support level and the long-term ascending trend line. The pair is currently penetrating the near-term downtrend line to Read more…

Asian Indices: Australia’s ASX 200 index rose by 22.5 points (0.31%) and currently trades at 7,203.30 Japan’s Nikkei 225 index has risen by 118.01 points (0.42%) and currently trades at 27,960.34 Hong Kong’s Hang Seng Read more…