Midweek Market Overview 07 February 2023
The Dollar rolls into midweek flexing its muscles against its peers on the back of upbeat US Jobs data. Dollar Midway through the week and the Dollar finds itself nearing a one-month high. Factors driving this renewed buying interest can be attributed to firmer US employment data, as well as president Biden and Treasury secretary […]
Midweek Market Overview: 01 February 2023
Central Banks are in focus this week as investors eye the FOMC as well as ECB and BoE meetings. Dollar Midway through the week and the Dollar continues to find support above the key 101.28 level, as bears snap a three-day uptrend ahead of the much-anticipated Fed interest rate decision later today. Factors driving this […]
Australian official inflation data is due mid-week – preview.
The Australian Bureau of Statistics will be publishing CPI data for the October – December quarter on Wednesday, 25 January 2023 at 11.30 am local time in Sydney: 0030 GMT on Wednesday, 25 January 2023 1930 US ET I posted this yesterday: Priors and expected: Headline For the y/y, Core inflation Inflation Inflation is defined […]
Midweek Market Overview: 18 January 2023
The Dollar finds support at the crucial 101.66 level, as investors eye US Retail sales and PPI data. Dollar The Dollar continues the week with a mild recovery as it finds support at the 101.66 level, as speculative bulls eye US Retail Sales and PPI data. This renewed buying interest comes as the DXY reaches […]
Midweek Market Overview – January Week 2
The Dollar continues to retreat on the back of Chair Powell’s speech & ahead of US CPI data this week Dollar The Dollar finds itself bouncing off a 7-month low midweek, on the back of an important speech by FED chair Jerome Powell. The speech failed to inspire bullish impetus, mainly because it lacked any […]