Short Term Elliott Wave View in Dollar Index (DXY) suggests the decline from 1.13.2025 peak is taking the form of an impulse with extension (nesting). Down from there, wave 1 ended at 106.97 and rally in wave 2 ended at 109.88. The ETF extended lower in wave 3 which is unfolding in 5 waves in […]
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Eurozone retail sales volume dropped by -0.3% mom in January, missing expectations of a modest 0.1% mom increase. The decline was driven by weaker demand for non-food products, which fell -0.7% mom, while sales of Read more…
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An aggressive fiscal spending proposal by Germany has attracted bullish animal spirits into EUR/USD. A significant rally in the longer-end German Bund yields is likely to alter ECB monetary policy guidance towards a “less dovish Read more…