USDCAD had been stuck in a steep uptrend after finding its feet at the 10-month low of 1.3091 in mid-July. Moreover, the pair has sliced through important technical zones such as both the 50- and 200-day Read more…
Markets Wednesday’s PMI-triggered correction didn’t went that far after all. In the run-up to Powell’s Jackson Hole address, it’s still all to play for when it comes to key technical levels. The US 2-yr yield Read more…
Daily Pivots: (S1) 1.2551; (P) 1.2640; (R1) 1.2689; More… GBP/USD’s fall from 1.3141 resumed and intraday bias is back on the downside. Next target is 61.8% projection of 1.3141 to 1.2618 from 1.2799 at 1.2476. Read more…
Daily Pivots: (S1) 1.2551; (P) 1.2640; (R1) 1.2689; More… GBP/USD’s fall from 1.3141 resumed and intraday bias is back on the downside. Next target is 61.8% projection of 1.3141 to 1.2618 from 1.2799 at 1.2476. Read more…
ECB Governing Council member Boris Vujcic acknowledged the restrictive nature of the ECB’s present stance. However, he tempered this by highlighting the uncertainty that remains, suggesting that the real test of the bank’s approach lies Read more…
Key insights from the week that was. Following last week’s update on aggregate wage inflation, Westpac revised its profile for wages growth over 2023 and 2024. In essence, the update speaks to a broad-based moderation Read more…
Boston Fed President, Susan Collins, offered a cautionary stance on the current monetary policy trajectory in her latest remarks. Addressing the possibility of further rate hikes, Collins noted, “We may be near, we could even Read more…
Boston Fed President, Susan Collins, offered a cautionary stance on the current monetary policy trajectory in her latest remarks. Addressing the possibility of further rate hikes, Collins noted, “We may be near, we could even Read more…