EUR/USD started a decent upward move above the 1.0350 resistance. USD/JPY is correcting gains and now consolidates below 156.00. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro found support and started a recovery Read more…
Markets The first two days of the Trump administration as expected brought an avalanche of executive orders and new initiatives to mark a seizure wit the policy from his predecessor. However, at least from a Read more…
Dutch ECB Governing Council member Klaas Knot expressed agreement with market expectations for rate cuts at the January and March meetings, saying he is “pretty comfortable” with them. However, he added it is “too early Read more…
Westpac Leading Index for Australia dipped slightly in December, moving from 0.33% to 0.25%. Westpac noted that while the growth signal remains modest, it reflects a marked improvement from the consistently negative and below-trend readings Read more…
New Zealand’s CPI rose 0.5% qoq in Q4 2024, in line with expectations, as tradeable inflation increased 0.3% qoq and non-tradeable inflation rose 0.7% qoq. Annually, CPI was unchanged at 2.2% yoy, slightly exceeding the Read more…
Consumer prices rose by 0.5% in the December quarter. That saw annual inflation remaining at 2.2%. However, core inflation has continued to ease. The result was close to expectation. Headline inflation Quarterly change: +0.5% (prev: Read more…
Netflix blew past the market expectations last quarter and closed the year on a very high note. The company added 18.9 mio new subscribers last quarter – its biggest ever quarterly jump in subscriptions. The Read more…
In focus today Markets remain closely focused on President Trump’s actions during this first week of his presidency. He is anticipated to issue several executive orders building on his current momentum, leading to US news Read more…
Key Highlights USD/CHF corrected some gains and tested the 0.9050 support. A key declining channel is forming with resistance at 0.9120 on the 4-hour chart. EUR/USD is consolidating below the 1.0450 resistance. Gold extended gains Read more…
Short Term Elliott Wave view in S&P 500 Futures (ES) suggests that rally to new all time high on 12.16.2024 at 6163.75 ended wave ((3)). Pullback in wave ((4)) is proposed complete at 5808.4 as Read more…