Month: February 2024

Accounts of ECB’s January 24-25 meeting showed that reveal a cautious stance among its members towards the idea of interest rate cuts. Officials reached a “broad consensus” on the notion that discussing rate cuts at Read more…

Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 24-25 January 2024 22 February 2024 1. Review of financial, economic Read more…

AUDJPY broke long-term resistance level 98.40 Likely to rise to resistance level 100.00 AUDJPY currency pair recently broke the major long-term resistance level 98.40 (previous yearly high from 2022 and 2023). The breakout of the Read more…

USDCAD reversed from resistance level 1.3530 Likely to fall to support level 1.3400 USDCAD currency pair recently reversed down from the pivotal resistance level 1.3530 (which has been repeatedly reversing the pair from the middle Read more…

Check back for updates throughout the trading day U.S. equity futures moved firmly higher Thursday, lead by a broad surge in tech stocks powered by AI chipmaker Nvidia’s blowout fourth quarter earnings that delivered a Read more…