The British pound has put together an impressive rally this week, with gains of 1.11%. The currency has taken a pause ahead of a key BoE policy meeting later today. BoE expected to hike rates Read more…
Eurozone PMI Services was finalized at 51.1 in January, down from December’s 53.1. PMI Composite was finalized at 52.3, down from prior month’s 53.3. Looking at some member states, Ireland PMI Composite was unchanged at Read more…
GBP/USD eases ahead of BoE GBP/USD is heading lower ahead of the BoE interest rate decision. The BoE is expected to lift interest rates again today after an unexpected hike in December. Since the last Read more…
EURJPY slowed its positive pace after Monday’s quick bounce off the 128.00 territory, but the 20-day simple moving average (SMA) came to balance the boat, navigating the price gradually above the 129.23 barrier and to Read more…
The US 30 cash index came back swinging after its January retreat, as the downtrend move appeared to be overextended. Currently, the index is trading above its 50- and 200-day simple moving averages (SMA), supporting Read more…
Image: Google Did you know that Google Maps has a nifty little trick that lets you adjust zoom with just one finger? Because I sure as hell didn’t until yesterday, when a tweet from Sketchfab Read more…
AUDUSD found strong support at the 18-month trough of 0.6965 in the previous week, rallying towards the 20-day simple moving average (SMA). However, the RSI indicator is suggesting a weakening bias as it is turning lower in Read more…
WTI crude continues to climb as OPEC+ refuses to raise its output limit. The RSI inched into the overbought territory on the daily chart after a new high above 85.00. The bulls could be wary Read more…
The S&P 500 rallies over better-than-expected corporate earnings. A break above 4490 has eased the selling pressure on the index. The former daily support at 4600 is now a key resistance that lies over the Read more…
The billions bounce higher as the US dollar softens across the board. Gold is looking to claw back losses from the liquidation in late January. A close above the psychological level of 1800 would be Read more…