To hear Jensen Huang describe what he sees ahead for artificial intelligence and Nvidia (NVDA) is something so vast that computing and how we use it will never be the same. Huang, the founder and Read more…
Canada’s CPI decelerated in February, registering an increase of 2.8% yoy, which fell short of anticipated 3.1% yoy. This slowdown from January’s 2.9% yoy offers a glimmer of relief as inflationary pressures show signs of Read more…
USDJPY was sharply higher (up almost 1%) after BOJ’s major shift, though the message from the central bank was seen as dovish on signals that future policy tightening will be moderate, which will keep the Read more…
Check back for updates throughout the trading day U.S. equity futures edged lower Tuesday, while the dollar extended gains against its global peers and Treasury yields steadied, as investors looked to the start of the Read more…
ECB Vice President Luis de Guindos emphasized the bank’s expectation of having “far more data” by June, which will be crucial for evaluating the appropriateness of a rate reduction. De Guindos also noted the current Read more…
German ZEW Economic Sentiment rose sharply from 19.9 to 31.7 in March , well above expectation of 21.0. Current Situation Index ticked up slightly from -81.7 to -80.5, below expectation of -80.0. Eurozone ZEW Economic Read more…
The Australian dollar is sharply lower on Tuesday. In the European session, AUD/USD is trading at 0.6507, down 0.80%. The Aussie is on a nasty slide and has declined by 1.7% since March 13. RBA Read more…
GBPJPY trades higher and hits resistance near 191.30 Remains in uptrend despite BoJ decision MACD and RSI detect positive momentum For the outlook to change, a dip below 187.95 may be needed GBPJPY traded higher Read more…
GBPUSD generates fresh 2024 peak But declines sharply towards the 50-day SMA Momentum indicators weaken significantly GBPUSD has been stuck in a rangebound pattern since mid-November, unable to adopt a clear directional impetus. Although the pair exploded Read more…
The Bank of Japan has not raised interest rates for 17 years. For 8 years, it was in the negative zone. But today there was a dramatic shift in monetary policy — the Bank of Read more…