Market movers today German factory orders will reveal if manufacturing activity rebounded in January, after slumping at the end of last year. Fed chair Powell will present his semi-annual Monetary Policy Report to the Senate Read more…
DXY: Price has broke an ascending support along with an Ichimoku cloud triggering a potential bearish move. There’s a strong 1st resistance at 104.61 too which is an overlap resistance. Price could drop from here Read more…
Australian Dollar weakened broadly despite RBA’s rate hike. This is attributed to the less hawkish statement by RBA indicating a “lower risk of a cycle in which prices and wages chase one another”. As AUD/CAD Read more…
Australian Dollar weakened broadly despite RBA’s rate hike. This is attributed to the less hawkish statement by RBA indicating a “lower risk of a cycle in which prices and wages chase one another”. As AUD/CAD Read more…
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.60 per cent. It also increased the interest rate on Exchange Settlement balances by 25 basis points Read more…
Japan’s nominal labor cash earnings rose by 0.8% yoy in January, below expectations of 1.9% yoy. The strong growth rate of 4.1% yoy in December was an anomaly due to lump-sum payments, rather than regular Read more…
Key takeaways Fed Chairman Jerome Powell is set to testify before Congress this week, where he is expected to signal that interest rates may need to be raised higher than previously estimated due to strong Read more…
Key takeaways Fed Chairman Jerome Powell is set to testify before Congress this week, where he is expected to signal that interest rates may need to be raised higher than previously estimated due to strong Read more…