Dollar holds firmer in European morning trade
After a bit of a pause in the last few days, the dollar is starting to flex its muscles once again. The greenback is sitting atop the major currencies bloc,…
Pound Sterling turns muted ahead of MPC hearings
The Pound Sterling trades back and forth ahead of several BoE members’ hearings before the Treasury Committee. Traders expect that the BoE will cut interest rates by 25 bps in…
What are the main events for today?
It's going to be a slow day in terms of data releases with just a couple of low tier indicators. In terms of interest rates expectations, we are now in…
Pair saw a volatile session, high near 20-day SMA then retreated
NZD/USD pair traded volatile during Friday's session, clearing all of its daily gains. Pair initially soared to a high around 0.5970 near the 20-day SMA before erasing all the gains…
Crude oil settles at $69.26
Crude oil is settling at $69.26. That is up $0.65 or 0.95%.Looking at the daily chart, the price yesterday moved to a swing area between $66.76 and $67.69 and stalledSoon…
Dow Jones Industrial Average advances due to strong US GDP and jobs data
Dow Jones climbs as US economy grows 2.8% in Q3, suggesting a soft landing despite slightly missing Q2’s 3% pace. ADP reports hefty job gains in October, indicating robust labor…
How can the U.S. government debt bubble be solved?
If people cared about the environment as much as U.S. debt, we might have hit net zero emissions by now. But why think about the planet when it’s easier to…
BoJ likely to hold amid external uncertainty – Standard Chartered
BoJ likely to keep base rate unchanged amid easing inflation and mixed economic performance. Global economic and political uncertainty to keep BoJ cautious. We now expect BoJ to hike the…