Markets It’s testament to current market sentiment that Friday’s comments by the ranking number two in Frankfurt, ECB chief economist Lane, barely caught attention whereas weekend comments by ECB governing council member Schnabel are today’s talk of town. The notoriously dovish Lane stuck to the ECB’s December inflation forecasts and view of fading inflation over […]
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Daily Pivots: (S1) 0.8877; (P) 0.8918; (R1) 0.8983; More… Intraday bias in USD/CHF is turned neutral first with current dip and some consolidations could be seen first. But outlook will will stay bullish as long Read more…
Dollar traded broadly lower in Asian session as markets reacted to President-elect Donald Trump’s appointment of Scott Bessent, a seasoned fund manager, as Treasury Secretary. Bessent’s stance aligns with Trump’s policies on tariffs, though his Read more…
New Zealand’s goods exports increased by 7.5% yoy in October, reaching NZD 5.8B, while total goods imports rose by 3.0% yoy to NZD 7.3B. This resulted in a trade deficit of NZD -1.54B, which, although Read more…