A decisive week lies ahead for the dollar, featuring the latest US inflation and retail sales reports, alongside a critical Fed decision. Business surveys suggest inflationary forces continued to abate, although elevated rents might offset Read more…
Pound followers are preparing for an action-packed week ahead of the festive lull. With the Bank of England MPC meeting held on December 15, the market will be updated on the underlying economic trends that Read more…
A turbulent year is fast drawing to a close and the most crucial week for central banks is upon us. The Federal Reserve will be headlining the last rate-setting decisions of 2022 that will also Read more…
Easing pandemic curbs and global recession fears continued to drive markets. Despite rising cases, China stepped up its easing of Covid-19 restrictions on a nationwide basis. Health authorities allowed the use of home quarantine for Read more…
BTCUSD (Bitcoin) pierced through its simple moving averages (SMAs) for the first time since the start of November to crawl back above the 17,000 round level. While the weekly resistance of 17,380 seems to be Read more…
A comparative examination of the strength of the US-Dollar often gives tangible insight into the direction of Gold (XAUUSD). The chart above indicates the expectation of a bullish price reaction from the demand zone. Increased Read more…
Markets With no eco data with market moving potential scheduled for release in the EMU, European fixed income traders kept a close eye on how much TLTRO funding banks had returned at the second early Read more…
The fast-food chain is doing something with the Whopper it said it wasn’t going to do. With many American struggling with money, or at least worried about their finances, fast-food chains have leaned into being Read more…
The US Dollar has been remarkably sluggish for the past few weeks despite being within a distinct Demand zone. My expectation of a springing rebound off the demand zone has not exactly played out yet, Read more…
The founder of the bankrupt cryptocurrency exchange was under the threat of a subpoena. The pressure finally paid off. Sam Bankman-Fried, the fallen founder of the bankrupt cryptocurrency exchange FTX, will finally take a break Read more…