Category: Cryptocurrencies

Australia PMI Manufacturing ticked up from 55.7 to 55.8 in June. PMI Services, on the other hand, dropped from 53.2 to 52.6. PMI Composite dropped from 52.9 to 52.6, a 5-month low. Laura Denman, Economist Read more…

Chicago Fed President Charles Evans said another 75bps rate hike is a “very reasonable place” to have a discussion at next FOMC meeting. He said, “I think 75 would be in line with continued strong Read more…

Philadelphia Fed President Patrick Harker said interest rates should go above 3% by the end of the year. Then Fed would assess how much more tightening is needed to bring inflation down. “We don’t have Read more…

DXY: On the H4, with RSI moving along an ascending trendline and prices moving along the ascending trendline, we have a bullish bias that bullish momentum will carry prices from our 1st support at 103.425 Read more…

Last week we lifted our forecast for the terminal US federal funds rate in December from 2.675% to 3.375%. We now expect this more aggressive approach to see the US economy stalling, with the risk Read more…

Major central banks around the world, except for the BOJ, are in tightening mode on the back of increasing inflation. In this article we will look at the Fed, BOE, ECB, BOC and BOJ. Where Read more…

Short term Elliott Wave in EURUSD suggests rally to 1.078 ended wave ((4)). Wave ((5)) lower is currently in progress with subdivision as a 5 waves impulse Elliott Wave structure. Pair however still needs to Read more…

Fed Chair Jay Powell stole the limelight in his testimony to the Senate and despite all we’ve heard, pricing for the July FOMC meeting hasn’t shifted – the markets expect a further 75bp of hikes. Read more…

The BOJ for now remains resolute in their dovish stance, but many are wondering if they’ll surprise the market similarly to the SNB. Read below to find out more The Bank of Japan (BOJ) is Read more…