Is the fall of Bitcoin over? By returning above $40,000, the cryptocurrency already suggests a possible rebound. The point in this BTC analysis from Wednesday January 24,…
Disgraving at the coalition partner
CSU boss Söder has been re-elected with a record result. In the final sprint before the state election, he relies in his speech to demarcate…
The FX market is struggling to hold two opposing ideas in its head at the same time
Outlook: Today it’s existing home sales, TICS, and the University of Michigan household survey. Existing home sales are expected to rise by 0.3% in Dec after…
Bullish S&P 500 can be supportive for NZD/USD
SP500 came higher through November and December of 2023, and appears that bulls can stay here with the current intraday impulsive structure. We see ongoing five-wave…
ECB Minutes in view after wave of hawkish comments
European stocks stabilize after yesterday’s decline.AUD fails to react despite concerning Australian job slump. ECB Minutes in view after wave of hawkish comments. European equity…
Elliott Wave analaysis: Dollar Index approaching resistance at 104
Markets are sideways but volatility can step in if there will be any major news out from the World Economic Forum in Davos, Switzerland. There are…
GBP/USD outlook: Cable jumped around 0.4% in European trading on Wednesday
GBP/USD Cable jumped around 0.4% in European trading on Wednesday, lifted by above forecast UK December inflation data, which soured the sentiment about rate cut, pushing percentage…
UK inflation unexpectedly rebounds
Yesterday was just another day where another policymaker pushed back on the exaggerated rate cut expectations. Federal Reserve’s (Fed) Christopher Waller said that the Fed…
EUR/USD Forecast: Remains listless around 1.0950 due to extended weekend in US markets
EUR/USD remained inside Thursday’s trading range of 1.0930-1.1000 in the Friday’s trading session. The upside remained caped as the European Central Bank (ECB) announced an…
Weekly economic & financial commentary
Summary United States: Inflation’s Downward Trend Remains in Place International: China’s December Activity Data Underwhelm Interest Rate Watch: A View from the Summit Credit Market Insights: Where Credit’s Due:…