Walton

GBP/JPY tests the lower boundary of the descending channel at 190.80 level. The 14-day RSI declines toward the 30 level, reinforcing the persistent bearish bias. The nine-day EMA at 194.52 appears as the primary resistance. The GBP/JPY cross extends its losing streak for the fifth consecutive day, t

If you had $5,000 to trade with, what are you trading???

Eurozone inflation re-accelerated from 2.2% to 2.4% in December, a largely base-effect-driven move that was fully expected, ING’s FX analyst Francesco Pesole notes. EUR/USD may find decent support at 1.0300 for now“The core rate was unchanged at 2.7%. The ECB’s survey of inflation expectations showe

Good news were bad news yesterday and they even wiped out the optimism that Nvidia initially created around AI with the announcement of new products. When Jensen Huang took stage at the opening of the CES this week, he didn’t only show off the company’s new products like the new $3000 personal AI su

TECH does it again but leaves many behind. S&P vs. Equal Weight S&P tell 2 different stories. Bond prices decline yields rise – 30 yr yield pierces the April ‘23 high. Oil and Gold steady. Try the ‘Cestini di Parmegiana. Tech just continues to take the indexes higher….which is different from

In focus today In the euro area, focus is on German inflation data for December, which will provide an important hint of where we can expect euro area data to be tomorrow. Spanish inflation showed higher-than-expected inflation in December, which importantly was also due to core inflation rising mor