In a speech, ECB President Christine Lagarde said, discussed two considerations for monetary policy, the “destination” and the “pace” to get there. As for the “destination”, she said, “as we move forward, we will reassess Read more…
The central bank entered ZIRP (zero interest rate policy) between 2011 – 2015 before switching to NIRP (negative interest rate policy) with a rate of -0.75%, where it remained until June this year. And with Read more…
When is the BoE rare announcement? The BoE is due to give its interest rate decision on Thursday at 12:00 noon BST. This is super Thursday, so we also expect to see new forecasts for Read more…
Key Highlights AUD/USD declined below the key support at 0.6780. It is facing resistance near 0.6750 and 0.6780 on the 4-hours chart. Gold and crude oil price is showing signs of bearish continuation. The Fed Read more…
The Dollar Index ($USDX) shows five waves since the low on 03.01.2008, which will provide many signals across the Marketplace. Below is a monthly chart of the Dollar Index $USDX Monthly Elliott Wave The monthly Read more…
Short term Elliott Wave view on DAX suggests the decline from 3.29.2022 high is unfolding as a 5 waves diagonal. Down from 3.29 high, wave 1 ended at 13386.32 and rally in wave 2 ended Read more…
AUDNZD broke resistance level 1.3200 Likely to rise to resistance level 1.1400 AUDNZD currency pair recently broke above the resistance level 1.3200 (which has been reversing the price from the end of April). The breakout Read more…
NZDUSD broke round support level 0.6000 Likely to fall to support level 0.5800 NZDUSD currency pair recently broke below the round support level 0.6000 (which stopped the earlier minor impulse wave (i) at the start Read more…
Video-game stocks have struggled in 2022, with the VanEck Video Gaming and eSports ETF dropping 34% year to date. It’s been a rough 2022 for video-game stocks, as consumers have shifted spending to other areas, Read more…