Month: January 2023

Canadian Dollar is trading as the worst performer for the week so far, after BoC raised interest rate by a final 25bps in the current cycle. A pause will follow for the impacts of previous Read more…

In the Summary of Opinions at BoJ’s January 17-18 monetary policy meeting, it’s repeated noted that it’s important to continue with current monetary easing as well as yield curve control. The modification of YCC at Read more…

Key Highlights Crude oil price is facing resistance near the $82.40 zone. A key bullish trend line is forming with support near $79.25 on the 4-hours chart. Gold price is consolidating gains above the $1,920 Read more…

The United States Core Personal Consumption Expenditure Price Index (Core PCE) is said to be the Fed’s favorite measure of inflation, as it captures the most meaningful data for the Fed, without food and energy.  Read more…

After silver’s big plunge on Monday, both precious metals have managed to steady the ship, suggesting the move at the start of the week was probably a bear trap. The US dollar has come back Read more…

GBPNZD reversed from support level 1.9000 Likely to rise to resistance level 1.9330 GBPNZD currency pair recently reversed up from the round support level 1.9000 (which has been reversing the price from December) intersecting with Read more…

EURNZD reversed from support level 1.670 Likely to rise to resistance level 1.7000 EURNZD currency pair recently reversed up from the key support level 1.670 (which stopped the previous waves (a), A and (2)) intersecting Read more…