ECB Governing Council member Olli Rehn said today, “We are almost in between a rock and a hard place so that on one hand we have to ensure that the recovery will continue. On the Read more…
BoE Chief Economist Huw Pill told CNBC today that “we face risks on both sides of the economic outlook.” Inflation is going up to 10% because of energy and international goods prices. At the same Read more…
“With forecasts varying widely, one thing that is clear about the 2022 housing market is that the path ahead is uncertain.” Zillow said in a letter to shareholders late Thursday. Zillow (ZG) – Get Zillow Read more…
USDCAD came to the defence of the bulls on Thursday after clinging to a footing near the 23.6% Fibonacci retracement of the 1.2006 – 1.2962 upleg at 1.2736. The price has almost reversed its weekly losses to Read more…
The British pound has stabilized on Friday, after sustaining huge losses a day earlier. GBP/USD is trading at 1.2342 in the European session, down 0.11%. Earlier, the currency fell to 1.2276, its lowest level since Read more…
UK Brent Oil has been on a bullish trend since the lows of April 2020 – the start of the Covid19 pandemic. Despite the fears of UK Oil dropping in value we witnessed price climbed Read more…
USDSGD is another instrument that has given us trading opportunity lately . Break of November 2021 peak made bullish sequence in the cycle from the January 2021 low. The price structure is suggesting further rally Read more…
Early Friday’s action is consolidating within a narrow range after Thursday’s post-BoE 2.1% fall, but sterling remains biased lower. Fresh bearish acceleration was sparked by BoE rate hike in line with expectations but darkened outlook, Read more…
The dollar index renewed its highs in almost 20 years, surpassing 104, as crucial US currency rivals one by one lost buyer support. Suddenly the dollar was a safe haven of last resort. In 2018 Read more…
“Northern Virginia makes strategic sense for our global headquarters given its proximity to our customers and stakeholders,” said CEO Dave Calhoun. Boeing (BA) – Get Boeing Company Report shares edged higher Friday after the world’s biggest Read more…