Archive for the ‘Market News’ Category

Global data deluge meets Davos diplomacy: Investors watch for hints on Fed, growth, and dollar path. Important releases from Germany, UK, Canada, China, Australia, and US to add to the mix.

Categories: Market News

Bank of England’s Bailey in Spotlight: Will He Squash Market Hopes for Early Rate Cuts? Dollar Rules as Fed Hawks Turn Dovish Bets Cold. Aussie Back from the Brink, Shines Amid Cooling CPI. BoJ Holds Steady, Weak Wages Keep Yen Under Pressure

Categories: Market News

The market is cautious and looking for direction after a volatile start to the year. Key data releases this week, particularly inflation reports, will likely influence future trends.

Categories: Market News

The strong US dollar rally has started to fade after the December jobs report, with most major currencies showing signs of recovery. The focus remains on the Fed’s next move and potential policy shifts in other central banks.

Categories: Market News

Gold faces key test at year-end, bulls need to hold above 2069.90 for upside potential. EUR/USD in correction phase, key levels to watch 1.1080 and 1.1120 for direction. GBP/USD expected to fall further before resuming bullish trend, technical correction awaited.

Categories: Market News

The Japanese yen is gaining momentum on the back of mixed economic data and potential policy changes by the BoJ. The market is closely watching central bank decisions and data releases in both Japan and the US for further direction.

Categories: Market News

AUD/USD and EUR/USD inch lower as traders await key data releases next week. Mixed sentiment across major currencies as China and eurozone inflation figures take center stage. Risk appetite weighs on major currencies ahead of economic data from China and the eurozone.

Categories: Market News

Here are the market forecast for major cryptocurrencies this December 27-28, 2023.

Categories: Market News

Canadian loonie wins again, bagging a second straight week of gains despite flat GDP. US inflation cools, potentially paving the way for Fed cuts, boosting the loonie further. UK pound takes a breather on holiday with mixed economic signals. BoE likely sticking to “higher for longer” rates despite recession risk.

Categories: Market News

The Euro is benefiting from a risk-on sentiment and anticipation of central bank easing, while the Yen is holding steady despite hints of a future policy change by the BoJ.

Categories: Market News