Federal Reserve Chair Jerome Powell gave little away yesterday at his semi-annual testimony to the House yesterday, leaving the US dollar in limbo ahead of Friday’s US Jobs Report.
Weekly jobless claims unchanged; trade deficit widens in January
Could March be the month when the Bank of Japan finally tightens policy, or at least looks serious about doing so? Bets are increasing.
Japan household spending logs biggest drop in 35 months in January
EUR/USD, H4 7 March 2024 The Euro has strengthened against the dollar, reaching its highest level in over a month, propelled by a weakening dollar. Anticipation surrounds the upcoming ECB
Oil prices settle higher on US rate cut hopes, smaller US crude supply increase
Looking on the 4hr timeframe, we can see the pair trading around a major resistance level. This is the first time that price has tested this region since it formed
German industrial output rises more than expected in January
GOLD is currently testing the weekly structure resistance level. It's approaching the kill zone, where we have major structure resistance and fibo extension levels of 161.80%. The market created a
Three Western states propose more water cuts to save Colorado River