Wheeler

Strong momentum indicates there is scope for Euro (EUR) to rally further vs US Dollar (USD); the significant resistance at 1.0530 could be just out of reach. In the longer run, increase in momentum is not enough to suggest a sustained rise; EUR must first break and remain above 1.0530 before a move

NZD/USD continues to slide, marking its fifth consecutive daily loss with sharp downside pressure. The pair loses the 20-day SMA while the MACD crosses below its signal line, reinforcing the bearish outlook. Key support lies at 0.5600, while resistance is seen at 0.5680 and the 20-day SMA. NZD/USD e

European indices weaken on tariff concerns. Spanish core inflation falls to 2.1%. Nvidia expected to help lift US markets at the open. A tough start for European equities today, with Donald Trump’s threat to impose 25% tariffs on EU imports hurting sentiment in early trade. Somewhat predictably, it’

AUD/JPY may weaken as the Japanese Yen finds support from the Bank of Japan’s hawkish policy outlook. The Australian Dollar declines after Thursday’s disappointing Private Capital Expenditure data. RBA Deputy Governor Andrew Hauser highlighted that Australia’s tight labor market remains a challenge

Important News for the week Tue, 25th, 16:00 CET US CB consumer confidence. Wed, 26h, 01:30 CET AU Consumer price index. Fri, 28th, DE preliminary consumer price index. Fri, 28th, 14:30 CET AU Core PCE index. German election The Christian Democratic party in Germany has won the election. With nearly

UK Retail Sales beat expectations, rising 1.7% MoM in January. US S&P Global Services PMI drops into contraction, dragging Composite index lower. Traders price in fewer BoE rate cuts, supporting further GBP/USD upside. The GBP/USD registers losses during the North American session after testing

Reserve Bank of Australia Governor Michele Bullock said late Thursday that the central projection suggests that if monetary policy is eased too quickly or by too much, disinflation could stall and inflation would settle above the midpoint. Key quotes The board is committed to being guided by the inc

XAU/USD Gold price continues to trend higher and hit new all-time high in early Thursday trading, driven by growing uncertainty over US tariffs and turbulent pollical conditions which fueled safe-haven demand. Investors remain concerned that US tariff policies could spark a trade war and further und

Headline SMEI edged down 0.5pts to 50.4 in February as current performance sub-index fell below 50. Tourism-related services activity dropped m/m after holiday boost; real estate performance rebounded. Manufacturing SMEs reported m/m decline in production, sales and new orders, partly due to seasona

The Minutes of the Fed’s January 28-29 policy meeting will be published on Wednesday. Details surrounding the discussions on the decision to keep policy settings unchanged will be scrutinized by investors. Markets see virtually no chance of a 25 bps Fed rate cut in March. The Minutes of the United S