The Australian dollar is flat on Tuesday, trading quietly at 0.7140 in the European session. Q4 inflation higher than expected Inflation remains on the move, as fourth-quarter CPI beat expectations. CPI climbed 1.3% q/q (1.0% Read more…
Germany Ifo Business Climate rose from 94.8 to 95.7 in January, above expectation of 94.7. Current Assessment index dropped from 96.9 to 96.1, matched expectations. Expectations index improved from 92.7 to 95.2, above expectation of Read more…
Asian stocks flashed red on Tuesday morning, alongside U.S futures after an explosively volatile session on Wall Street. Global equity markets were flung on a chaotic rollercoaster ride as investors grappled with Fed hike fears Read more…
AUDUSD has experienced a sharp dip in the four-hour chart, crossing beneath both its 50- and 200-period simple moving averages (SMAs). However, the pair managed to partially bounce back after finding significant support at the Read more…
EURCHF continues its downward trend, marking yet more lower lows as negative forces linger. Moreover, the pair is currently trading well below its 50- and 200-day simple moving average (SMA), reflecting an overall bearish outlook. Read more…
Gold shifted the spotlight to the descending trendline, which is connecting the all-time high of 2,079 from August 2020 with November’s 2021 peak of 1,877, following the break above the tough 1,830 ceiling. The recent Read more…
American stocks tumbled on Monday as worries over ongoing tensions between Russia and western countries escalated. In a statement, UK intelligence officials warned that Russia was targeting the Ukrainian capital in a “lightning war”. The Read more…
The Dax 40 plunges amid rising tensions in Ukraine. The index has given up all gains from the rebound in late December and cut through the major demand zone around 15070. The RSI’s repeatedly oversold Read more…
The Australian dollar recovered after the Q4 CPI beat expectations. However, the latest rally took a bearish turn after the price slipped below 0.7170. The lack of commitment to hold onto recent gains suggests a Read more…
The sterling struggles as global markets remain risk-off. A limited rebound has fought to hold above 1.3570 and the sell-off accelerated after a bearish breakout. The pair is testing a previous low at 1.3440 which Read more…