Month: April 2024

Safety considerations around air travel have come under an unusual amount of recent scrutiny. But going back a few years, it was in October 2018 and March 2019 when two Boeing  (BA)  airplanes in a Read more…

EURGBP faces difficulty in completing a double bottom pattern above 0.8579 Technical indicators reflect a lack of bullish momentum ECB rate decision could generate fresh volatility at 12:15 GMT ECB governor Lagarde holds press conference Read more…

US economy is still sizzling, outperforming other regions Several factors behind this strength, such as heavy public spending For US dollar to enjoy a massive rally, it may also need risk aversion Why is the Read more…

US 30 index in bearish mode in very short-term MACD and stochastics indicate negative correction The US 30 cash index has lost its positive momentum after the pullback from the all-time high of 39,985.85, easing beneath the Read more…

A firmer March’s US CPI has altered the relative fundamentals narrative between the US & Japan. Reduces the risk of FX intervention from Japanese authorities to prop up a weaker JPY due to the lack Read more…

The euro is steady on Thursday, after sliding over 1% on Wednesday following the hot US inflation report. In the European session, EUR/USD is trading at 1.0745, down 0.03%. ECB widely expected to hold rates Read more…

The dollar index keeps firm tone and rises further on Thursday after surging over 1% on Wednesday (the biggest one-day gains since 3 Feb 2023), lifted by hotter than expected US inflation data, which dropped Read more…