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Along with rising speculation of EUR/USD approaching parity, the old question of how the European Central Bank should react to exchange rate movements is returning. We think that the falling euro is not the ECB’s biggest concern on the road to a June rate cut; other factors can lead to a further dep

A report released by the Federal Reserve on Tuesday showed industrial production in the U.S. increased in line with economist estimates in the month of March. The Fed said industrial production climbed by 0.4 percent in March, matching the upwardly revised advance in February. Economists had expecte

Corn Elliott Wave analysis Function - Trend. Mode - Counter-Trend. Structure - Expecting Impulse Wave. Position - Wave 2. Direction - Wave 3. Details - Wave 2 may not drop inside the 419-413 support zone where we expected it to end. Perhaps it has been completed with the surge to 438’4 and the subse

Risk appetite is better this Monday morning than it was last Friday when the world was bracing for the Iranian retaliation on Israel. Iran fired more than 300 drones and missiles on Israel on Saturday night, but only a small number reached Israel, limiting damages. Oil is lower but base metals inclu

A combination of factors prompts fresh selling around NZD/USD on Friday. Reduced Fed rate cut bets and geopolitical tensions lift the USD to YTD top. Weaker Chinese trade data drives flow away from antipodean currencies. The NZD/USD pair meets with a fresh supply on Friday and drops to a fresh daily