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Traders await chairman powell’s jackson hole speech on friday

All eyes, or more appropriately all ears of investors, traders, market economists, and analysts will be laser-focused as they listen to the speech fro...

August 22, 2023, 9:45 pm

Goldman sachs: the dual forces driving the dollar's rise

Goldman Sachs identifies two dominant narratives shaping the current market dynamics: US Resilience and China Challenges. In the realm of foreign exch...

August 22, 2023, 6:03 pm

Eur/usd: net gains today would boost recovery chances – scotiabank

EUR/USD gains modestly. economists at Scotiabank analyze the pair’s outlook. Short-term price signals...

August 21, 2023, 2:29 pm

China cuts 1-yr lpr moderately, keeps 5 yr lpr unchanged

In a somewhat anticipated move, China’s PBoC made a cut to its one-year loan prime rate by 10bps, settling it at 3.45%. This is a slight deviation f...

August 21, 2023, 3:58 am

Wall street journal fed insider timiraos expects higher fed 'neutral' rate ahead

Nick Timiraos in the Wall Street Journal over the weekend says to expect higher rates ahead. Despite the Federal Reserve’s raising interest rates to...

August 20, 2023, 10:40 pm

Eurozone pmis important for euro next week

economists see another rate hike in the euro area, but some skepticism remains about whether the rise w...

August 18, 2023, 3:54 pm

Ubs upgrades global equities’ rating to ‘neutral’

economists at UBS have upgraded their rating for global equities, citing recent economic and inflation ...

August 18, 2023, 9:29 am

Usd/jpy: yen’s oversold conditions and threat of interventions a to exacerbate any downside corrections – ing

USD/JPY is trading on the soft side. economists at ING analyze the pair’s outlook. Incidentally, the ...

August 18, 2023, 8:14 am

Eur/usd to see a boring sideways trade – commerzbank

EUR/USD is still range bound around the 1.09 mark. economists at Commerzbank analyze the pair’s outlo...

August 18, 2023, 7:44 am

Mortgage rates could hit 8%, economists warn, citing this worrying sign

Mortgage rates could hit 8%, economists warn, citing this worrying sign Read Full Story The post Mortga...

August 17, 2023, 9:40 pm

Nzd/usd: markets are watching 0.5904 support closely – anz

The Kiwi made a new 2023 low. economists at ANZ Bank analyze the NZD/USD pair outlook. With the Reserve...

August 17, 2023, 7:59 am

In one chart: fed may hold rate steady in september and hike in november, says bofa. here’s how markets might react 

economists at Bank of America are expecting the Federal Reserve to keep its interest rate steady in its...

August 16, 2023, 5:49 pm

Target lowers its full-year sales guidance: ‘stock has hit the low'

Target Corp (NYSE: TGT) saw its sales decline in the second quarter even though consumer remained strong and a bunch of ...

August 16, 2023, 10:35 am

China may 'miss the 5%' growth target this year as downside risks spread

Without more stimulus, China is increasingly likely to miss its growth target of around 5% this year, economis...

August 16, 2023, 2:24 am

Usd look bearish ahead of the retail sales release

Despite notable fluctuations, the USD is close to its position at the beginning of 2023. HSBC economists ...

August 15, 2023, 9:07 am

Usd/cad: loonie looks cheap and should be trading somewhat higher than it is – scotiabank

Resistance to USD/CAD advancing beyond the mid-1.34 zone has been pretty consistent over the past week. econom...

August 14, 2023, 12:29 pm

Eur/usd could drift lower over the short-term – mufg

So far in August, EUR/USD has struggled to sustain levels over 1.1000. economists at MUFG Bank analyze ...

August 14, 2023, 10:44 am

Weekend - goldman sachs expect the first federal reserve rate cut by the end of june 2024

Bloomberg (gated) report on a Sunday note from economists at Goldman Sachs. The GS analysts expect the ...

August 13, 2023, 8:34 pm

The fed: hate to spoil the party but there’s a new risk in town — a ‘no landing’ economy

Some economists think inflation might subside for awhile but flare up early next year as the economy po...

August 13, 2023, 9:59 am

Eur/usd weekly forecast: ecb rate hikes stalling in september

Consumer prices in the US experienced a moderate rise in July. The European Central Bank will likely halt its rate-hiking efforts in September. Produc...

August 12, 2023, 5:22 pm


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