Several top ECB policymakers have today voiced their thoughts on the future of the bank’s interest rate hikes, highlighting a variety of perspectives. Yannis Stournaras, Chief of Greek Central Bank, hinted towards the nearing end Read more…
USDCAD has been in a range for the second consecutive week, unable to extend its rebound off a nine-month low of 1.3115 above the nearby resistance of 1.3225. The odds for a bullish extension are increasing, given Read more…
USDCAD has been in a range for the second consecutive week, unable to extend its rebound off a nine-month low of 1.3115 above the nearby resistance of 1.3225. The odds for a bullish extension are increasing, given Read more…
Swiss KOF Economic Barometer rose from 90.7 to 92.2 in July, above expectation of 90.0. KOF said: “The economic environment remains difficult for the Swiss economy.” It added: “All indicator bundles except those for consumption Read more…
GBPJPY had been stuck in a prolonged uptrend since the beginning of the year, generating a structure of consecutive multi-year highs. However, the pair has been experiencing a downside correction in the short term after posting Read more…
DXY: The U.S. Dollar Index (DXY) exhibits an overall bearish momentum and may potentially see a bearish reaction off the 1st resistance at 101.98, a level that is significant due to its alignment with the Read more…
Key insights from the week that was. The Australian Q2 CPI report provided a constructive update on inflation, highlighting a broad-based moderation in the pace of price increases across the consumption basket. The main results Read more…
BoJ keeps monetary policy unchanged today, despite some speculation of at least a minor tweak to the yield curve control. Short term policy rate is held at -0.10% and 10-year JGB yield target is kept Read more…
BoJ keeps monetary policy unchanged today, despite some speculation of at least a minor tweak to the yield curve control. Short term policy rate is held at -0.10% and 10-year JGB yield target is kept Read more…
Key Highlights USD/JPY climbed higher above the 141.00 resistance zone. A major bearish trend line is forming with resistance near 142.50 on the 4-hour chart. EUR/USD reacted to the downside below the 1.1050 support. The Read more…