2020

Investors look to today’s ECB’s monetary policy meeting knowing full well that the central bank will maintain the status quo. At best, the ECB will only review the impact of its monetary policy so far. In terms of any surprises, the…
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The Bank of Canada held its monetary policy meeting on Wednesday. As widely forecast, the BoC left the key interest rate steady at 1.75%. Ahead of the BoC meeting, Canada’s inflation data came out. Consumer prices were seen to be fairly…
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The next bit of economic data coming out of Australia could have a significant impact on the AUD. The RBA is closely watching the labor market, as it sees the creeping increase in unemployment as a challenge to maintaining the inflation…
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Equity markets were mixed as both the Dow Jones and the S&P500 were slightly weaker. The exception was the Nasdaq index, which rose to fresh highs. At the Davos summit, President Trump gave a speech. He cheered on the US economy…
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The depicted DXY structure above hints to a w-x-y combination in which the final y wave is still under development. Wave y consists of primary sub-waves Ⓐ-Ⓑ-Ⓒ and unrolls in a zigzag pattern. At this stage, we are expecting the…
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