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[QUOTE=TheNews;151949]Fed balance sheet tightening just around the corner. Ahead, all eyes are on US CPI and a slew of Fedspeak amid jittery markets. Daily price is located above Ichimoku cloud in the bullish area of the chart. The price is trying to cross the bullish triangle pattern with 103.96 resistance level to above for the bullish trend to be continuing. Alternative, the price may be bounced from resistance level to below for the ...
The Australian Dollar got an initial kick from an RBA rate lift-off, but the Fed outdid them and the US Dollar soared. Will AUD/USD make new lows? Daily price broke Ichioku cloud and 200 SMA/UniStepEMA for the primary bearish reversal: the price is ranging within 0.7029/0.7265 support/resistance levels waiting for direction. more...
Swiss consumer price inflation accelerated further to its highest since October 2008, data from the Federal Statistical Office showed on Wednesday. more...
With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday showing a modest increase in first-time claims for U.S. unemployment benefits in the week ended April 30th. more...
In an effort to return elevated inflation to its 2 percent objective, the Federal Reserve on Wednesday announced its widely expected decision to raise interest rates by half a percentage point. The Fed announced that it has decided to raise the target range for the federal funds rate by 50 basis points to 0.75 to 1.0 percent. more...
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