ECB Governing Council member Francois Villeroy de Galhau, in an interview with LCI television, anticipates reducing interest rates within the year, marking a significant move away from the aggressive inflation-fighting measures. “We will probably cut Read more…
AUDJPY trades higher, clears the 100-day SMA A contracting triangle has been forming as AUDJPY volatility drops Momentum indicators remain uninterested in current upmove AUDJPY is enjoying its fourth consecutive green candle as JPY remains under pressure across Read more…
AUD/USD is declining below the 0.6540 support zone. NZD/USD is rising and could extend its increase above the 0.6130 resistance zone. Important Takeaways for AUD USD and NZD USD Analysis Today The Aussie Dollar started Read more…
New Zealand Dollar rises broadly today, buoyed by ANZ’s forecast that RBNZ is set to increase the official cash rate in its upcoming meetings on February 22 and again in April, elevating interest rate to Read more…
Markets As was the case since Tuesday, global trading was kept in some kind of holding pattern. Potential drivers were central bank speakers, a US (30-y) auction and the weekly jobless claims. Fed Barkin joined Read more…
The strong demand for the US 30-year bond auction, that followed two other strong 3 and 10 year auctions this week triggered no appetite across the US bonds space yesterday, most probably because the 30-year Read more…
In focus today The last trading day of the week bids us mostly Tier-2 data points. China celebrates the Lunar New Year on Saturday, and the transition into the Year of the Dragon. Hence, next Read more…
ECB Governing Council member Martins Kazaks provided a tempered outlook on the prospects of interest rate reductions within Eurozone, cautioning against premature expectations for cuts as early as spring. In an interview with Latvijas Radio, Read more…
BoE MPC member Jonathan Haskel emphasized the importance of caution when interpreting UK’s recent decline in headline inflation to 4% in December. While acknowledging this positive trend, he stressed the necessity of focusing on more Read more…
The Short-Term Elliott Wave view in Nikkei (NKD_F) suggests that the rally from the 04 October 2023 low is unfolding in an impulse sequence favoring more upside to take place. In which the previous rally Read more…