Stocks in Europe and the UK benefited from rotation flows yesterday, while tech-heavy US peers remained under pressure, with the Nasdaq 100 leading losses among the major indices. This morning, futures on both sides of the Atlantic are pointing lower. In Asia, the Nikkei is down more than 1.2%, slipping below its 50-day moving average. […]
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We expect the Federal Reserve to keep its monetary policy unchanged at the March meeting, in line with consensus and market pricing. Powell will avoid giving firm forward guidance regarding the Fed’s reaction to the Read more…
EUR/USD halts sharp pullback, rebounding from July lows. But momentum signals and ‘death cross’ keep bearish bias intact. EUR/USD pares losses at a seven-and-a-half-month low near 1.1450 EUR/USD is attempting to recover some lost ground Read more…
EUR/USD is recovering losses from 1.1500. USD/JPY is correcting gains from 159.00 and might decline further if it stays below 158.30. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro struggled to stay in Read more…