Summary The Eurozone economy has had an unsettled start to 2022, as a temporary surge in COVID cases and Ukraine-related uncertainties have weighed on activity. From a longer-term perspective there also appears to be some Read more…
The Australian dollar has extended its losses and has fallen below the symbolic 75 line. In the North American session, AUD/USD is trading at 0.7475, down 0.45% on the day. Central bank announcements have been Read more…
Markets It’s becoming the week of Minutes. Yesterday’s FOMC Minutes provided the blueprint for the Fed’s balance sheet roll-off. The Fed gives itself three months’ time starting from May to hit a pace of $95/bn Read more…
St. Louis Fed president James Bullard said in a presentation, “standard Taylor-type monetary policy rules, even if based on a minimum interpretation of the persistent component of inflation, still recommend substantial increases in the policy Read more…
The average 30-year fixed-rate mortgage soared to a three-year high of 4.67% in the week ended March 31. Rising mortgage rates could lead potential home buyers to shun the market, avoiding exorbitant interest payments. As Read more…
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPUSD. The pair has given us nice trading opportunity recently. We have been selling the Read more…
Tesla’s Elon Musk gets ready to kick off his Cyber Rodeo party for his Austin, Texas Gigafactory. So, is Elon going to dance? Tesla (TSLA) – Get Tesla Inc Report CEO Elon Musk is letting the Read more…
Subscribing to several streaming services can be costly, but there are ways to lower your monthly bills. Competition among streaming services remains fierce as consumers are seeking the best deal while looking for more original Read more…
US stocks are edging higher after two sessions of steep losses. Jobless claims drop to 166k. US futures Dow futures +0.05 % at 34390 S&P futures +0.06% at 4480 Nasdaq futures +0.14% at 14582 In Read more…
Daily Pivots: (S1) 123.49; (P) 123.77; (R1) 124.07; More… Intraday bias in USD/JPY remains neutral as consolidation from 125.09 is extending. Outlook stays bullish with 121.17 support intact and further rise is expected. On the Read more…