New Zealand Dollar Jumps as Services PMI Accelerates

In focus today The Governing Council of the ECB is meeting today. Besides the regular rate announcement, we will also get updated staff projections. The new projections are likely to show inflation for 2025 revised down to 2%. Whereas neither the revised projections nor Lagarde are likely to close the door to a rate cut […]

Hello fellow traders. In this technical article, we’re going to take a look into the Elliott Wave charts of USDJPY, exclusively presented in the members’ area of our website. As our members know USDJPY has recently made pull back that made clear 3 waves down from the April 29th peak . The pair completed correction […]

Markets Yesterday’s ‘hawkish’ Fed dots raising governors’ 2024/25 inflation projections, a higher reference for the neutral rate (2.75% ) and indicating only one rate cut this year as the FOMC’s preferred interest rate scenario only limited the big decline in US yields post a softer than expected US may CPI release. US 2-y and 10-y […]