Atlanta Fed President Raphael Bostic said yesterday that the US economy is “still quite strong”. It’s in a situation “where it can stand on its own”. Thus, Fed can pull back some emergency support “without jeopardizing employment.” Bostic also noted that the new sanctions on Russia provided some uncertainty. And, “that kind of uncertainty is […]
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AUD/JPY is setting up for a potential upside breakout toward 120 psychological level, with the next move likely to be decided by a high-stakes combination of BoJ policy and Australian inflation data. Today’s bounce suggests Read more…
Despite the cancellation of a second round of US–Iran talks, crude oil prices showed little urgency to push higher, with Brent holding near $106 and WTI anchored around $98. In earlier phases of the conflict, Read more…
Key Highlights EUR/USD corrected gains and tested the 1.1665 support. A bullish trend line is forming with support at 1.1690 on the 4-hour chart. GBP/USD could continue to move higher toward the 1.3620 resistance. Gold Read more…