Markets Both markets and central banks (including the ECB) are trying to assess how (fast) higher oil prices and other supply chain disruptions will filter through to the economy. This will be a non-linear, bumpy (statistical) process. The ECB consumer expectations survey yesterday showed that consumers a preparing for a big and potentially longer lasting […]
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Bank of America data are pointing to a growing imbalance beneath otherwise solid consumer activity in the U.S. economy. Spending data for March suggests households are still actively buying across key categories, reinforcing the view Read more…
USDJPY: ⬆️ Buy USDJPY from the support zone Likely to test resistance levels 160.40 and 161.00 USDJPY currency pair recently reversed from the support zone between the key support level 157.50 (which stopped the previous Read more…
AUDUSD: ⬇️ Sell AUDUSD reversed from key resistance level 0.7190 Likely to fall to support level 0.7100 AUDUSD currency pair recently reversed from the resistance zone between the key resistance level 0.7190 (which has been Read more…