While analysts at Rabobank predict that the DXY may end the year slightly lower, they expect 2023 to offer plenty of opportunities for USD bulls to join. They maintain the…
YoY Flash: 10.7% (forecast 10.3%, previous 9.9%) Full Report Reuters Note – Consumer price growth in the common euro19 country accelerated to 10.7% in October from 9.9% last month, beating…
Inflation concerns before July rate hike have not been alleviated Growth is going to slow Technical recession in the euro area is possible Inflation could still accelerate in the short-term…
Bullish View Buy the EUR/USD pair and set a take-profit at 1.0345. Add a stop-loss at 1.0100. Timeline: 1-2 days. Bearish View Set a sell-stop at 1.0120 and a take-profit…
Prior -28.0 Current conditions -45.8 vs -34.5 expected Prior -27.6 Slight delay in the release by the source. That’s a significant miss as ZEW notes that the combination of concerns…
As Russia’s Nord Stream 1 natural gas pipeline is shut down for scheduled annual maintenance, some particularly unrestrained traders have thoughts floating around in their heads that Russia will completely…
Intend to raise rates by 25 bps in July There is optionality to raise by more in September If inflation outlook does not improve, we will have sufficient information to…