UK inflation data for August came in as expected, with headline CPI remaining unchanged at 2.2% yoy, in line with forecasts. Meanwhile, core CPI, which excludes volatile items such as energy, food, alcohol, and tobacco, Read more…
In focus today Today’s main event will be the FOMC rate decision at 20:00 CET – we expect a 25bp cut of the Fed Funds Rate target (to 5.00-5.25%). This morning markets price in a Read more…
Daily Pivots: (S1) 0.6742; (P) 0.6755; (R1) 0.6770; More… Intraday bias in AUD/USD stays neutral for the moment. On the upside, decisive break of 0.6766 resistance should confirm that corrective pullback from 0.6823 has completed Read more…
The much-anticipated FOMC day has finally arrived, and the financial world is eagerly waiting to see if Fed will opt for a 25bps or a more assertive 50bps rate cut. With market expectations split nearly Read more…
FOMC’s upcoming decision on interest rates is shaping up to be one of the most anticipated in years, with markets still uncertain whether Fed will opt for a 25bps cut or go bolder with a Read more…
Japan’s export growth continued in August, rising 5.6% yoy to JPY 8,442B, marking the ninth consecutive month of growth. However, this increase fell significantly short of market expectations of 10% yoy growth. The weaker export Read more…
BoC Senior Deputy Governor Carolyn Rogers emphasized the importance of continued vigilance in combating inflation, even as cooling price pressures brought some relief. Speaking at an event overnight, Rogers noted that while the recent decline Read more…
Key Highlights GBP/USD started another increase from the 1.3000 support. It cleared a key bearish trend line with resistance at 1.3180 on the 4-hour chart. The UK CPI could rise by 2.2% in August 2024 Read more…
CHFJPY reversed from support zone Likely to rise to the resistance level 168.45 CHFJPY currency pair recently reversed up from the key support zone located between the long-term support level 166.75 (which has been reversing Read more…
Classic rock bands have regularly booked residencies in Las Vegas Strip casino theaters for decades. Among the popular rock bands that have regularly returned to the Strip in recent years are Chicago, Foreigner, and REO Read more…