Tag: EURUSD
USD Dominates – 200 day moving averages coming into play
GBPUSD, Daily
Markets price in 5% peak rate for the BOE. Market pricing suggests that traders expect the bank rate to reach 5% by November....
Latest Inflation Figures Keeps Pressure on ECB
Eurozone HICP inflation continued to nudge lower in the preliminary reading for February, but by less than anticipated. At the same time, core inflation,...
US CPI – A Mixed Bag, Proving Sticky & FEDSpeak remains “Higher for Longer”
US headline CPI climbed 0.5% in January, with the core up 0.4%, both exactly as expected. Those follow respective gains of 0.1% and 0.4%...
Market Update – February 8 – Markets Mixed Following Powell
Chair Powell's comments - cancelled each other out - talked more "disinflation" with "significant declines in inflation." in 2023 but the surprise 517k NFP...
Market Update – February 6 – USD & Yields higher, Yen, Stocks & Gold...
A blockbuster NFP on Friday (571k new jobs vs 185k) & strong Services PMI (55.2 vs 50.5) has lifted the Dollar and Yields, sinking...
Market Update – January 27 – Strong US data = Soft Landing ?
The major US economic data yesterday (Q4 GDP lower; 3.9% from 4.2% but better than expected 3.6%, strong consumer spending, Durable goods, New Home Sales,...
