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ECB's Knot: Not uncomfortable with market pricing of rate cuts
In an interview with Bloomberg on Thursday, European Central Bank (ECB) Governing Council member Klaas Knot said that he expects a "cautious slide" in key rates after June. Knot added that they can't rule out small rebounds in inflation in Germany in some months this year. Nevertheless, he noted tha
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"EURUSD Analysis: Break Below Weekly Level Signals Potential Downside Retest"
The recent price action in the market has witnessed a notable breach and subsequent close below the pivotal weekly level at 1.06968. Presently, there appears to be a potential retracement towards this critical level, with the possibility of encountering resistance. Should this level be tested and su
- FOLLOWME Support :Weibo has obtained the basic prize in the Opinion Leader Program: 30 FOCIN that can withdraw. Click to know more details about //socia...
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NZD/USD jumps to 0.5900 as investors see RBNZ pivoting to rate cuts later than expected
NZD/USD moves higher to 0.5900 as traders see the RBNZ reducing key interest rates from November. NZ Q1 inflation grew by 0.6% as expected. Fed Powell returns to the “higher for longer interest rates” argument. The NZD/USD pair extends its recovery to the round-level resistance of 0.5900 in Wednesda
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EURUSD Analysis: Shorting Opportunities Await
#EUR/USD# - Trade Bias: Bearish - Key Factors: Interest rate differentials favor USD over EUR - Trade Plan: Looking for shorting opportunities Analysis: - Importance: Emphasizes interest rate expectations influencing currency movements Trade Plan: - Shorting Opportunity: Waiting for sh
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Italy Retail Sales Rise Slightly
Italy's retail sales increased for the first time in three months in February, though marginally and at a slower-than-expected pace, the statistical office ISTAT reported on Wednesday. The value of retail sales rose 0.1 percent on a monthly basis in February after remaining flat in the previous mont
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Pull-up Update