Blog - Page 14169 of 15879 - Fancy Hints

Markets The equity sell-off took a breather yesterday. European stocks eked out gains of less than 1%. Markets in the US slid early in the open but rebounded later, ending the session with gains for Read more…

EUR/USD The single European currency is still locked in the range that started last week as any upward movement is denied by the bears. The strong dollar does not allow the euro to rise for Read more…

It’s D-day of the week: we will see whether inflation in the US started easing in April after hitting a four-decade high in March, and if yes, by how much. The consensus of analyst estimates Read more…

Market movers today Today markets will zoom in on US CPI data. April could very well mark the peak in US inflation but we will continue to watch mom moves closely. We expect a solid Read more…

Daily Pivots: (S1) 1.2976; (P) 1.3014; (R1) 1.3067; More… Intraday bias in USD/CAD stays on the upside for now, despite some loss in upside momentum. Current Sustained break of 1.3022 fibonacci level will carry larger Read more…

The forex markets are stuck in very tight range in Asia session today, as traders are awaiting another set of consumer inflation data from the US. For now, Dollar, Euro and Yen are the stronger Read more…

Gold’s near term decline resumed overnight and broke through 1850.18 support. Near term outlook now stays bearish as long as 1909.57 resistance holds. Next target is 100% projection of 2070.06 to 1889.79 from 1998.23 at Read more…

Australia Westpac-MI consumer sentiment index dropped from 95.8 to 90.4 in May. That’s the lowest level since August 2020. The reading was also -8.4% below the average seen in 2019. The -5.6% decline was the Read more…

Cleveland Fed President Loretta Mester told Reuters, “I would need to see monthly numbers coming down in a compelling way before I would want to conclude we could now rest” on raising interest rates. “The Read more…