GBP Reacts to Gov. Bailey’s Address

The US equity market continued its upward trend, with the S&P500 rising 10.8% in the first quarter, exceeding the historical average gain for a full calendar year. We are even more impressed by the low volatility of the index since the end of January. The S&P500 has moved in a range of less than 2.5%. […]

EUR/USD started a fresh decline below the 1.0900 support. USD/CHF is rising and might aim a move toward the 0.9000 resistance. Important Takeaways for EUR/USD and USD/CHF Analysis Today The Euro struggled to clear the 1.0950 resistance and declined against the US Dollar. There is a key bearish trend line forming with resistance at 1.0870 […]

In focus today In the euro area, we will keep an eye on the final inflation data for February. The final HICP figures provide insights into the underlying inflation measures tracked by the ECB, while also revealing drivers behind the relatively strong core inflation print in February. Overnight, the Bank of Japan concludes a two-day […]