EURSEK hits highest level in 2024 Riksbank signals future rate cuts Krona ↓ Vs. most G10 MTD Prices bullish on D1 but RSI overbought Moment of truth at 200-day SMA The EURSEK hijacked our attention on Wednesday after hitting a fresh 2024 high above 11....
6 months agoWhether traditionally thought of as “hawks” or “doves,” Federal Reserve officials have recently converged to notable uniformity in their policy signaling of high interest rates for longer. This has come at a time when more Wall Street analysts are embraci...
4 months agoRisk assets (global stocks, cryptos, etc.) plummeting Higher US unemployment rate fuelling US recession fears Markets fear Fed may be too late to fend off recession Safe havens JPY, CHF rising against all G10 peers Volatile markets present...
2 months agoIndia’s inflation outlook remains positive with core inflation at moderate levels and given the positive progress in monsoon, the finance ministry said in its monthly economic review for July that was released on August 22.“Assuming a normal monsoon, CPI...
1 month agoEconomists predict August jobless rate will ease back down to 4.2% Lowered recession risks should mean slower Fed rate cuts Sturdier jobs market could boost gold, US stock indexes to new record highs Repeat of manic volatility from July NFP co...
1 month agoToday, US500 and US30 stock indexes hit respective all-time intraday highs Better-than-expected US retail sales boost “economically sensitive” stocks AU200 index broke above 8180 for its first time ever Higher-for-longer RBA rates boost Austra...
4 weeks agoGBPUSD breached 1.330 for first time since March 2022 Bank of England kept rates unchanged at 5%, to be "careful" with future rate cuts GBPUSD now up 4% year-to-date; best G10 performer against US dollar so far in 2024 Forecast: GBPUSD to trad...
3 weeks agoRUS2000: FXTM’s best-performing US stock index so far this week/month RUS2000 forecasted to have the most potential upside over the next 12 months Fed speakers, US data next week could help RUS2000 move closer to 2021 all-time high Markets pre...
3 weeks agoA high September inflation print and rising geopolitical concerns have reduced the probability of a rate cut in December to 30 percent from 75 percent in an earlier MC poll, pushing the prospects of a reduction in the February meeting, a Moneycontrol poll...
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