Category: Cryptocurrencies

China CPI slowed from 2.1% yoy to 1.6% yoy in November, below expectation of 1.7% yoy. Core CPI, excluding food and energy, was down -0.6% yoy, unchanged from October. Food prices slowed from 7.0% yoy Read more…

BoC Governor Deputy Governor Sharon Kozicki said in speech yesterday, “going forward, we will be considering whether to increase rates further”. “By that, we mean that we expect our decisions will be more data-dependent,” she Read more…

On Tuesday, December 13th, the US will release its CPI reading for November.  Expectations are for the headline print to come in at 7.6% YoY after a surprisingly lower than expected October print of 7.7% Read more…

Key Highlights USD/JPY corrected higher from the 133.60 zone. A crucial bearish trend line is in place with resistance near 137.50 on the 4-hours chart. EUR/USD and GBP/USD are consolidating gains above support zones. Gold Read more…

Key insights from the week that was. This week, Australia’s Q3 GDP report and the outcome of the December RBA Board meeting provided a broad update on the health of Australia’s economy and its outlook. Read more…

The messages from the recent national accounts support our pessimistic growth outlook. The recent national accounts for the September quarter were largely in line with our expectations and they further emphasised some of the key Read more…

Gold reversed from support level 1765.00 Likely to rise to resistance level 1805.00 Gold earlier reversed up from the support level 1765.00 (former minor resistance from the end of November). The support level 1765.00 was Read more…

EURAUD reversed from resistance level 1.5665 Likely to fall to support level 1.5440 EURAUD recently reversed down from the key resistance level 1.5665 (which is the top border of the sideways price range inside which Read more…