Australia: August Monthly CPI Indicator
The Monthly CPI lifted 0.6% in August as expected. Inflation was restrained by various government energy rebates but there is still an upside risk...
US Durable Goods and When Will Dollar Strength End?
The Fed’s rate decision last week sent a shock to the system that has left the dollar stronger on the back of a somewhat...
Intraday Analysis – USD stays high
EURUSD drifts lower
The euro weakened as traders doubled down on the rate differential after the ECB’s pause. After breaking below May’s low of 1.0650,...
Binance Reopens Crypto Exchange Services in Belgium
Binance has reopened its services in Belgium by resuming its registration for the country’s residents after a suspension for about three months, the crypto...
US 10 year yield/30 year yields make new highs
Both the US 10 and 30-year yields are stretching to new highs.The 10-year yield has just reached 4.535%. The low for the day was...
Yen’s Downward Trajectory Continues as Market Anticipates BOJ’s Move
The USD/JPY pair is drawing nearer to the closely watched 150.00 level, currently experiencing most of its activity around 148.40, as of Monday. The...
Euro-Dollar at Important Support – Action Forex
The week started on a cautious note as stocks in Asia mostly sold off following a rough week in the US, where the Federal...
Global Flash PMIs and Chances of a Recession
After the markets get shaken around by major economic events such as the four largest central banks holding meetings, there is one final major...
Intraday Analysis – USD to bounce higher
USDCHF tests important ceiling
The Swiss franc tumbled after the Swiss National Bank unexpectedly paused its interest rate hikes. A jump above the psychological...
USDCAD has a down, up and down week and is closing the week between...
The USDCAD traded down and up and down and up and back down and up this week (see hourly chart below). The high price...