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Eurozone and German inflation hit double digits Stagflation and energy crisis pose great risk to EZ economy Fed continues hawkish rhetoric, keeping dollar supported on dips The EUR/USD is likely to...
The U.S. dollar continues to power ahead. Over the last 24 hours, the focus has switched from the pound to the Chinese renminbi. Here, there are signs that authorities are acquiescing to a weaker...
Copper is down 25% on the year, slid in five of the past six months $3 support held since November 2020 could break Commodities pulverized by a dollar enabled by hawkish Fed talk Exactly two months...
After a busy week for central banks, nothing has changed to alter my bearish outlook on the stock markets. I continue to expect to see new lows on the year on the major European and US indices. The...
All eyes on FOMC – expect a 75bp rate hike with a hawkish tone Russian aggression will keep euro under pressure Acceptance below parity is another sign of weakness for EUR/USD There is no end in...
Everyone had the US CPI print on their radar as the marquee risk event of the week, and it proved to be just that. There has been a sentiment shift, and the psychology of the market has changed -...
As the stars aligned, the euro climbed for the fourth day out of five to near a four-week high.Monetary Policy DecisionThe 25 members of the governing council of the European Central Bank (ECB)...
Improved risk appetite lifts euro EU Energy Ministers discussing caps for Russian oil and gas EUR/USD chart still bearish The EUR/USD was up 1% this morning, showing some follow-through in...
The idea of understanding ‘what’s priced in’ has been seen front and center this week, and it’s a science all traders should try to understand – Case in point, the ECB...
The European Central Bank hiked interest rates by 75-basis points, meeting forecasts and the bank signalled that more rates hikes are on the agenda as inflation is at a record high in the currency...
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