Yen rebounds after two-day slide US inflation expected to drop to 3.0% The Japanese yen has ended a two-day slide, in which it dropped 1.4% against the US dollar. In Tuesday’s European session, USD/JPY is Read more…
Check back for live updates throughout the trading day. U.S. equity futures Tuesday nudged higher Tuesday while Treasury yields retreated and the dollar gave back gains against its global peers as investors braced for a key Read more…
UK wage growth eases to 7.3%, lower than expected US inflation expected to fall to 3.0% The British pound is drifting on Tuesday. In the European session, GBP/USD is trading at 1.2551, down 0.04%. UK Read more…
German ZEW Economic Sentiment rose slightly from 9.8 to 12.8 in December, above expectation of 8.8. Current Situation Index rose from -79.8 to -77.1, but missed expectation of -75.5. Eurozone ZEW Economic Sentiment rose sharply Read more…
It’s an important day for the markets with the US CPI release and expectation of 3.1% down from 3.2%, so dollar and us yields can be volatile today on speculations regarding further policy rate decisions Read more…
Short-term RSI momentum indicator has flashed out bullish exhaustion condition after 6 consecutive weekly positive closes. At the risk of minor corrective decline sequence below 16,910 key short-term resistance. Intermediate supports rest at 16,590 and Read more…
GBPUSD corrects lower after advance pauses But seems to be finding traction in the last couple of sessions Oscillators lose ground but remain in their positive zones GBPUSD had been forming a profound structure of higher highs Read more…
WTI oil finds significant support at 200-week SMA Will the price end the bearish move soon? RSI and stochastic suggest upside correction As the year 2023 is coming to an end, WTI crude oil is Read more…
Markets Markets yesterday understandably started the week in a wait-and-see modus, looking forward to key eco data, including US CPI and policy meetings of the Fed, the ECB and the Bank of England later this Read more…
UK payrolled employment fell slightly by -13k in November, compared with October. Comparing with November 2022, payrolled employment rose 1.1% yoy or 333k. Meanwhile monthly pay increased by 5.3% yoy, slowed from 6.2% yoy. In Read more…