The red line was the sovereign bond markets. It was the flash selloff in US Treasuries over the past few days that finally made Donald Trump take a step back from his tariff strategy. He didn’t care about the equity selloff, he couldn’t care less about the global risk rout, and he was likely pleased […]
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The EURUSD currency pair is showing strong signs of continuing its upward trend, based on Elliott Wave analysis. Since its low on September 26, 2022, the pair has been climbing. However, it hasn’t yet hit Read more…
Key Highlights USD/JPY started a fresh decline below the 145.00 level. A short-term contracting triangle is forming with resistance at 143.10 on the 4-hour chart. EUR/USD could aim for a move above the 1.1420 resistance Read more…
Japan’s CPI core (excluding fresh food) accelerated from 3.0% yoy to 3.2% yoy in March, matching expectations, and marking the third consecutive year it has remained above BoJ’s 2% target. CPI core-core, which strips out Read more…