Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 13-14 December 2023 1. Review of financial, economic and monetary developments Read more…
Nvidia (NVDA) – Get Free Report shares powered higher in early Thursday trading, with rival chipmaker Advanced Micro Devices (AMD) – Get Free Report following suit, after a key industry player forecast robust demand for AI-related technologies Read more…
Check back for updates throughout the trading day U.S. equity futures edged higher Thursday, while Treasury yields and the dollar eased, as investors looked to snap a three-day losing streak on Wall Street thanks in Read more…
BoJ to keep interest rates and yield curve control unchanged Friday’s CPI data may show abating inflationary pressures Wage negotiations could decide exit from ultra-loose policy Yen suffers as markets dial back rate hikes BoJ makes Read more…
US dollar index fails to extend upside move from 100.27 200-day SMA acts as important resistance RSI weakens above 50 The US dollar index is currently struggling to surpass the significant 200-day simple moving average Read more…
The US 10-year Treasury yield has pierced above 4.06% & its 200-day moving average; a sign that recent easing liquidity conditions have started to abate. A 3-year low seen in the implied correlation among S&P Read more…
The Australian dollar has stablilized after a nasty tumble this week. In the European session, AUD/USD is trading at 0.6555, up 0.06%. The Aussie ignored a weak employment report which showed job growth plunged by Read more…
Yesterday, the monthly oil market review was published: → OPEC expects global oil demand to increase by 2.25 million barrels per day (b/d) in 2024, representing a 2.2% increase compared to 2023. → In 2025, Read more…
EURUSD had been rangebound before sliding lower But the retreat ceases at the 200-day SMA Momentum indicators remain tilted to the downside EURUSD had been trading sideways since the beginning of the year following its pullback Read more…
AUDUSD remains beneath uptrend line and 200-day SMA Bearish wave on the cards RSI and stochastic suggest upside recovery AUDUSD is recouping some losses today after the aggressive sell-off of the preceding three days, posting Read more…