Why Powell’s Latest Comments Shook Up the Market
Yesterday, markets see-sawed while Powell was speaking at the Economic Club in Washington. Risk appetite fluctuated, and the dollar shifted. Less noticed, but perhaps more indicative of the longer-term trends for the dollar and other currency markets, was a steepening of the yield curve. That contributed to supporting commodities and their respective currencies. How much […]
Euro (EUR/USD) Latest – The Bullish Trend Remains in Place as the ECB Talks Tough
EUR/USD Price, Chart, and Analysis ECB ramps up the hawkish rhetoric. EUR/USD benefits from ongoing US dollar weakness. Recommended by Nick Cawley Get Your Free EUR Forecast The European Central Bank is not for turning and will continue to raise interest rates, and keep them there for long enough, ‘so that we can return inflation […]
Baxia Markets Emerges Latest Approved Member of FinCom
The Financial Commission (FinCom), the independent external dispute resolution (EDR) body for the forex industry, has approved the membership application of Baxia Markets, a MetaTrader electronic communications networks (ECN) broker founded in 2020. FinCom in a statement noted that Baxia Markets’ membership took effect on Wednesday (January 18). The latest approval comes weeks after the […]
British Pound Latest – GBP/USD Pushes Higher on UK Jobs Data
GBP/USD – Prices, Charts, and Analysis UK wages are robust but inflation means consumers are worse off. Sterling picks up a bid post-release. Recommended by Nick Cawley Download our new Q1 British Pound forecast The latest UK Labour Market Report will give the Bank of England (BoE) something to ponder ahead of its February 2 […]
S&P 500, Nasdaq 100 Latest – Focus Now Turns to US Earnings Season
S&P 500, Nasdaq 100 – Technical Forecasts and Analysis US earnings kick-off today with a cluster of high-importance bank releases. The S&P 500 is in the middle of a technical battle. The Nasdaq 100 outlook remains neutral for now. Recommended by Nick Cawley Download our new Q1 equities forecast CPI Breaking News: US Headline CPI […]
LATEST FORMATION ON USD JPY CHART – Forex Trading Analysis
Usd jpy Usd Jpy is trading in a range bound manner for more than a month. Price was hovering between 107.000 and 105.500. Yesterday the pair broke it’s silence and the price is now trading below it’s familiar level of 105.500. Now what is the fate of the pair now is a big question. As […]