Could Fed Chief Powell Finally Reveal His Hand at Jackson Hole?

Key Highlights USD/JPY started a strong increase above the 145.00 resistance. A key bullish trend line is forming with support at 146.90 on the 4-hour chart. EUR/USD declined further and traded below the 1.0880 support. Gold prices trimmed gains and revisited the $2,000 support zone. USD/JPY Technical Analysis The US Dollar started a fresh increase […]

Financial market volatility has plunged to its lowest level in almost four years, according to the VIX index. This so-called “fear index” fell to 12.45 on Friday, the lowest level since January 2020. Such low levels could be both a sign of the market entering a smooth bullish trend or a lull before a sharp […]

Just a few hours ago, Andrew Bailey, the governor of the BoE gave a speech regarding his testimony, along with Deputy Governor Sarah Breeden, on the Financial Stability Report before the Treasury Select Committee, in London. The speech reflects the commitment of the BoE to continue its projection towards the target inflation rate. Although the […]