Focus on Canadian BoC Interest Rate Decision and US Economic Data
Next week, the primary focus will be on the Bank of Canada's (BoC) interest rate decision, where the market is largely anticipating...
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USD/JPY: The Summit Reached, Time for the Descent?
The USD/JPY pair has experienced a notable decline this month, with the price dropping by approximately 4%. This movement is depicted in...
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Stable Fed, Slow UK Disinflation Boost GBP/USD
Source: Refinitiv USD: June Retail Sales and the Fed's Dovish Outlook The June US retail sales report came in stronger than anticipated,...
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AUD/USD Unfolding Triangle
The AUD/USD pair is currently exhibiting a fascinating technical pattern, unfolding into a triangle formation. This sideways movement is intriguing as it...
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CPI Frenzy
This past week, the Reserve Bank of New Zealand (RBNZ) kept its interest rates unchanged, maintaining a hawkish stance to tackle inflation...
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Soft CPI Data Drives Dollar Lower
Sources: Fred | St Louis Fred In yesterday's trading session, the markets reacted positively to the release of the Consumer Price Index...
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AUD/USD: The race to 2%!
As Australia grapples with controlling its inflation, the United States has adopted a more dovish stance this quarter compared to the rest...
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USD/CHF: Diverging Monetary Policies and Strategic Trade Opportunities
The USD/CHF currency pair presents an interesting scenario as the US Federal Reserve and the Swiss National Bank (SNB) diverge in their...
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Inflation and Its Ripple Effects: NZD/USD to U.S. Inflation
As we look ahead to the forthcoming week, we will be closely monitoring several key economic events. These include: 1. ...
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NFP Release Today: Anticipation of Decline and S&P 500 Impact
The eagerly awaited Non-Farm Payrolls (NFP) data for June is set to be released today, with expectations pointing to a significant drop...
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ISM Manufacturing PMI: July 2024 Expectations and Implications for the U.S. Economy and EUR/USD
ISM Manufacturing PMI for June 2024 The ISM Manufacturing PMI for June 2024 was reported at 48.7, indicating a contraction in the...
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Tesla’s (TSLA) Inverse Head and Shoulder Pattern
Tesla (TSLA) has been a stock to watch, with numerous catalysts on the horizon and significant technical developments. Catalysts Driving TSLA Prices...
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SPX, NQ, DJIA, DAX, FTSE 100: STRONG Q2, CAUTIOUS Q3 AHEAD
Q3 Forecasts – What’s Included: S&P 500 NASDAQ Dow Jones Industrial Average DAX FTSE 100 Macro Summary Market Performance: The S&P 500...
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Polls, Prices, and PMI
This past week saw Australia grappling with persistent inflation, as the Reserve Bank of Australia (RBA) maintained its cash rate at 4.35%....
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AUD/USD: Australia’s Inflation Surge Sparks Concerns Ahead of RBA Meeting
Revisiting AUD/USD and Inflation Concerns We are revisiting AUD/USD in this week's chart of the day, supporting our overall bias. Australia's inflation...
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Analysing U.S‘ CB Consumer Confidence and Canadian CPI MoM for USD/CAD
Today, two significant economic events are set to impact the financial markets: the release of the Conference Board (CB) Consumer Confidence Index...
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US and UK Economic Indicators to Watch
This past week saw significant developments in the global economic landscape. Switzerland surprised markets by reducing its interest rates, while the UK...
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USD/CHF: Assessing the Impact of the SNB Rate Cut
The Swiss National Bank's (SNB) recent decision to cut interest rates by 25 basis points, bringing the key rate down to 1.25%,...
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BoE Holds Interest Rate Steady at 5.25%, Signalling Cautious Optimism
Inflation Target Achieved but Rates Unchanged On June 19, 2024, the Bank of England (BoE) decided to maintain its Bank Rate at...
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NZDUSD: A Turnaround in GDP Growth
New Zealand's GDP, previously impacted by significant interest rate hikes resulting in a low of -0.3%, is showing signs of improvement. The...
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The Inflation Breakthrough: BoE’s Milestone
Today, the UK has reached its long-awaited 2% inflation target, a milestone that has significant implications for the nation's economy and financial...
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The Trinity of Central Banks: RBA, BoE, and Fed Steer the Market
Upcoming central bank decisions from the RBA, BoE, and Fed are set to impact global markets significantly. These announcements, coupled with CPI...
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Fed’s Rate Call and UK GDP in Focus
The past week saw significant market movements as investors reacted to mixed economic data and geopolitical developments as we witnessed the anticipated...
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