No change in EUR/GBP’s outlook as range trading continues, and intraday bias remains neutral. Rebound from 0.8453 is seen as a corrective bounce. In case of another rise, strong resistance should be seen from 0.8610 Read more…
Intraday bias in EUR/AUD is turned neutral first with current recovery, and some consolidations would be seen above 1.6159 temporary low. On downside, below 1.6159 will target a retest on 1.6108 low. Decisive break there Read more…
EUR/CHF is still bounded in range below 0.9408 and intraday bias stays neutral for the moment. Another fall cannot be ruled out as consolidations extend, but downside should be contained by 38.2% retracement of 0.8979 Read more…
USDJPY tested the 160 mark for the first time in a month. Kevin Warsh’s ‘hawkish’ rhetoric provided support for the US dollar. The US dollar reacted enthusiastically to Kevin Warsh’s ‘hawkish’ rhetoric, strengthening against the Read more…
One of the best parts of my job here at TheStreet is our 24/7 global newsroom staffed with incredibly talented and brilliant colleagues — and this guy is my absolute favorite. Stephen “Sarge” Guilfoyle, TheStreet Read more…
The RBNZ’s Wednesday 25bp hike to 2.75% is already priced in, so NZD/USD’s real reaction will hinge on the accompanying rate forecast — ASB expects the OCR to keep climbing to 3.25%, while Westpac sees Read more…
On 28 August, Fed Chair Kevin Warsh delivered a more hawkish assessment of inflation at the Jackson Hole symposium than he had following the July meeting. He reaffirmed the Federal Reserve’s 2% target for core Read more…
Markets In his speech at the Jackson Hole Fed symposium Friday, Fed Chair Warsh after a month of doubts since the July FOMC press conference again firmly put the focus on the Fed’s inflation mandate. Read more…
In focus today Focus turns to the German flash inflation figures for August, ahead of the euro area release tomorrow. Headline HICP inflation is expected to increase to 3.1% y/y (prior: 2.8%), driven by energy Read more…
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