ECB today is expected to hike rates by 50bps despite SVB collapse and subsequent fallout seen yesterday. Increased volatility can be seen in the market for the rest of…
USDCAD Forecast Corrective fall might have run its course, bulls look to seize back control
The USD/CAD pair attracts some buyers during the Asian session on Wednesday and for now, seems to have stalled its recent pullback from a multi-month…
GBP/USD Outlook: Bulls need to wait for sustained move beyond 61.8% Fibo./1.2200 mark
The GBP/USD pair attracts some buying during the Asian session on Wednesday and steadily climbs back closer to a one-month peak, around the 1.2200 round-figure…
EURUSD Forecast Can Euro extend rebound amid SVB turmoil
After having closed the third straight day in positive territory on Friday, EUR/USD has extended its rally early Monday and touched its strongest level in…
French foreign trade Hindered by deterioration in three areas
In 2022, the contribution of French foreign trade to GDP growth was one of the most negative in its history (-0.8 percentage points), hindered by…
FX next week EM, EUR, GBP, AUD, NZD, CAD
USD/CNY achieved targets at 6.9432 then 6.9298 from 6.9723 highs. USD/ZAR hit target at 18.0995 from 18.5191 highs. USD/INR target at 82.32 traded to 82.36 from 82.94…
WTI Oil outlook Strong rally starts to lose traction on overbought conditionsinflation concerns
WTI Oil The WTI oil remains at the front foot and extends strong rise from $72.24 (Feb 6 low) for the fourth straight day, underpinned…
Central banks continue to hike despite easing of inflation
Notes/Observations – Powell on Tuesday confirmed the prospect of further interest-rate rises to tame inflation. – European bourses move higher in wake of US market momentum following…
Has the US Dollar bull trend resumed
AUDUSD rejected the 100 week & the 500 day moving averages at 7160/80 & collapsed through support at 7060/50 on Friday for a sell signal targeting…
Australian Dollar takes an NFP tumble
After a miserable end to the week, the Aussie is steady on Monday and is trading at 0.6912. The January US nonfarm payrolls was a blowout that…