The most liquid currency pair, the EURUSD, has recently ping-ponged between bulls and bears as they have yet to take the impetus to drive price in one direction. The U.S.…
After expanding for seven consecutive weeks, U.S. crude stockpiles have swelled to the highest level since mid-2021 and may signal weakening demand. Inventory for the week stood at 16M barrels…
The Dow Jones futures (CBOT: YM) bulls fought back in Wednesday trading despite strong retail sales announcements expected to aid the downfall triggered by the CPI data released the day…
Gold futures (COMEX: GC) suffered another day of losses on Wednesday, as stronger-than-expected retail sales in the US sent it to a new six-month low. Earlier in the week, inflation…
The USDJPY currency pair gained 0.57% following the higher-than-anticipated CPI reading for January. The FedWatch Tool has placed a 91% probability of a 0.25% interest rate hike by the Federal…
The Bank of Japan recently announced a new governor, forcing the market to speculate on the direction of his policy viewings. This blind speculation fuelled the fire caused by low…
IBEX 35 bulls regained control of the index after pushing it higher by 1% to open the week. The short rally was driven by anticipation of slowing inflation in the…