Key insights from the week that was. Critical data for Australia’s economy was received this week; elsewhere though, it was the mindset and actions of policy makers that filled the headlines. Of the data received this week, Australia’s October labour force survey was most significant. Against the market’s expectation for a 15k increase in employment, […]
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Daily Pivots: (S1) 1.1488; (P) 1.1518; (R1) 1.1570; More…. EUR/USD is still bounded in established range trading and intraday bias remains neutral. Further decline is in favor as long as 1.1666 resistance holds. On the Read more…
ECB rate hike expectations are gaining traction in markets, with growing speculation that tightening could begin as early as April. Major institutions including Barclays and J.P. Morgan are now forecasting an initial move next month, Read more…
Like “snakes on a plane” and “how do you fly this thing again?”, some phrases and situations make for film-worthy content precisely because they are the last thing that one wants to hear as a Read more…