USD Lower Ahead of NFPAhead of the latest US jobs data due today, the US Dollar has turned lower. The move comes despite the Fed this week pushing back against near-term rate-cut calls. The sell-off...
GBPUSD Testing Support Ahead of BOE
BOE Up NextFollowing on from the Fed yesterday, the BOE will step into centre stage today. Given the building speculation around anticipating the first 2024 central bank rate cuts, there is plenty of...
USD Rises As Fed Says No Rush to Cut Rates
Fed Pushes Back on Rate-Cut CallsThe US Dollar is seeing a decent bid across early European trading on Thursday. Last night, the Fed held its headline policy rate unchanged as expected while adding...
Bitcoin Analysis: Potential Price Rise Ahead
The price of Bitcoin is heading up. However, the asset will have to face resistance at two levels: 45500 and 49000. The asset’s price might potentially rebound from these levels and drop. Yet it would...
Meta-Watchers Brace For Q4 Earnings
Nasdaq Pulls BackOn the back of the Alphabet and Microsoft reporting earlier this week, the focus moves back onto big tech names today with Apple, Meta and Amazon all reporting Q4 results. The Nasdaq...
Aussie Slips Following Fresh Inflation Fall
Aussie Inflation Falls AgainThe Australian Dollar is looking a little softer across the European morning on Wednesday following the latest domestic data overnight. Australian CPI was seen falling back...
Tough Day For Google Parent Company
Alphabet Sinks Despite Earnings BeatThe harsher nuances of equities trading confronted tech bulls yesterday. Both Alphabet and Microsoft saw their stock prices plunging despite better-than-forecast...
Traders Brace For The Fed - DXY in Focus
Fed in FocusAll eyes today are on the US Dollar as the Fed prepares to deliver its January FOMC decision. While no policy change is expected this time around, traders will be carefully scouting the...
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