European Central Bank (ECB)

Tomorrow is the first ECB meeting of the new year, and investors will be keen to see if there are any signs for when the dovish pivot will happen. Members of the shared central bank have been trying to counter speculation of a turn towards…
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There have been some incipient signs of a global economic slowdown. With the US economy expected to stay buoyant in the coming months, that could mean the dollar stands to regain momentum. There is particular concern over Europe, with…
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EURUSD preparing for another downturn The euro gears up for another downturn as US inflation holds steady. Inflation effectively decelerated in the Eurozone in December, which gave policymakers some relief. As the ECB reassesses the…
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At the end of last year US equities pushed higher, with the S&P 500 almost scoring a new record high. That came at the expense of a weaker dollar, helping the most traded pairs to rise. But the data that has come out since the new year…
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XAUUSD aims for $2K support Gold retraced its NFP spike as price action continued lower. The solid job numbers saw bulls move in before settling back towards 2030. Further downward momentum eyes the psychological $2k level. Any chance of…
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Volatility for the EUR/USD might continue through the rest of the week as the pair is buffeted by a barrage of data. The dollar's strength has pushed the pair down, but the data hasn't been all that good for the Euro. Though that might…
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GBPUSD tests resistance The pound edged lower after the GDP fell short of expectation in Q3. The pair has managed to hold onto its recent gains after lifting the daily resistance of 1.2730. A bounce off the 20-day SMA at 1.2600 indicates…
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EURUSD consolidates gains The euro pulled lower after PMIs fell short of expectations across the bloc. The pair is testing once again the supply zone around 1.1010 formed by the recent peak and the start of last August’s sell-off. A…
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The price of crude has been on the backfoot since the summer, when WTI made a run at $100/bbl. Despite the war in the Middle East and increased production curbs from OPEC+ members, the price kept going down. That is, until now. But are we…
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Tomorrow's release of Flash PMI figures from select major economies around the world could be the last major economic release that could shift market sentiment this year. Particularly in light of the latest round of central bank meetings,…
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