St. Louis Fed James Bullard said yesterday, “the FOMC could begin increasing the policy rate as early as the March meeting in order to be in a better position to control inflation. Subsequent rate increases Read more…
San Francisco Fed President Mary Daly said yesterday that “I’m of the mind that we might need to, likely will need to, raise interest rates … in order to keep the economy in balance.” She Read more…
Short Term Elliott Wave View in NZDUSD suggests the decline from October 21, 2021 peak is unfolding as a zigzag Elliott Wave structure. Down from October 21 high, wave (A) ended at 0.67018 and wave Read more…
DXY: On the weekly, prices are on bullish momentum and abiding to our ascending trendline. We see potential for prices to dip from our 1st resistance at 96.391 in line with 161.8% Fibonacci extension and Read more…
LAS VEGAS, Jan. 6, 2022 /PRNewswire/ — Tuya Smart (NYSE: TUYA), a leading IoT development platform service provider, today officially affirmed its support for Matter, a commitment to ensure that Tuya’s customers and business partners Read more…
Data released earlier showed that factory orders for Germany were 3.5% MoM vs 2.1% MoM expected and a higher revised October print to -5.8% MoM. Euro Zone PPI for November was 23.7% YoY vs 22.9% Read more…
Overview It seems like just yesterday that we were talking about how NFP reports could cause less market volatility because the path of the Federal Reserve’s monetary policy was set for more than half a Read more…
Key Highlights USD/JPY started a fresh increase towards the 116.50 level. A major bullish trend line is forming with support near 115.60 on the 4-hours chart. EUR/USD is consolidating below the main 1.1380 resistance zone. Read more…
This has been one hell of a start to a new year if you are into volatility. For investors in expensive US technology and small cap stocks, as well as Bitcoin and gold, it has Read more…
EURAUD broke key resistance level 1.5700 Likely to rise to resistance level 1.5865 EURAUD currency pair recently broke key resistance level 1.5700 (which has been reversing the price from December). The breakout of the resistance Read more…