RBA Governor Philip Lowe told a parliamentary committee that it is “too early” to conclude that inflation is “sustainably in the target range”. He added, “in underlying terms, inflation has just reached the midpoint of Read more…
St Louis Fed President James Bullard said yesterday’s inflation report “shows continued inflationary pressure in the US” and is “concerning for me and for the Fed.” He added, “you have got the highest inflation in Read more…
ECB President Christine Lagarde said in an interview that raising interest rates “would not solve any of the current problems.” Instead, “if we acted too hastily now, the recovery of our economies could be considerably Read more…
Key insights from the week that was. The past week has had an intense focus on sentiment. In Australia, owing to the release of updates for both the consumer and business. And, in the US, Read more…
DXY: On the weekly, prices are on bullish momentum and abiding to an ascending trendline support. We see the potential for a bounce from our ascending trendline and 1st support at 95.793 in line with Read more…
Key Highlights USD/JPY climbed above the 115.00 and 115.50 resistance levels. There is a major bullish trend line forming with support near 115.20 on the 4-hours chart. EUR/USD is struggling below 1.1480, and GBP/USD could Read more…
Inflation soared to its highest level since 1982 and yields spiked, but gold has nonetheless found support. The yellow metal recovered as the US dollar turned lower after its initial rally. Will the breakout hold Read more…
FTSE 100 broke key resistance level 7620.00 Likely to rise to resistance level 7800.00 FTSE 100 index recently broke above the key resistance level 7620.00 (which has been reversing the price from the middle of Read more…
NZDUSD broke key resistance level 0.6700 Likely to rise to resistance level 0.6800 NZDUSD currency pair recently broke the key resistance level 0.6700 (former strong support from the start of December). The breakout of the Read more…
Silver reversed from support level 22.00 Likely to rise to resistance level 24.55 Silver recently reversed up from the key support level 22.00 (which has been reversing the price from the end of 2020 as Read more…