Daily Market Outlook, February 1, 2024Munnelly’s Market Minute…“Focus Shifts To BoE After Post FOMC Selloff”Asian markets showed a mixed performance following losses on Wall Street due to concerns in...
GBPUSD Testing Support Ahead of BOE
BOE Up NextFollowing on from the Fed yesterday, the BOE will step into centre stage today. Given the building speculation around anticipating the first 2024 central bank rate cuts, there is plenty of...
USD Rises As Fed Says No Rush to Cut Rates
Fed Pushes Back on Rate-Cut CallsThe US Dollar is seeing a decent bid across early European trading on Thursday. Last night, the Fed held its headline policy rate unchanged as expected while adding...
Selling Risks Persist for EURUSD as Key Bearish Targets are Yet to be Met
The EUR/USD pair isn't catching a break, heading south for the second day straight and hovering around 1.0790 during the European session on Thursday. The mighty US Dollar is gaining traction...
Traders Brace For The Fed - DXY in Focus
Fed in FocusAll eyes today are on the US Dollar as the Fed prepares to deliver its January FOMC decision. While no policy change is expected this time around, traders will be carefully scouting the...
Aussie Slips Following Fresh Inflation Fall
Aussie Inflation Falls AgainThe Australian Dollar is looking a little softer across the European morning on Wednesday following the latest domestic data overnight. Australian CPI was seen falling back...
Federal Reserve Faces Conundrum as Markets Anticipate Status Quo in January Policy Meeting
The USD Index (DXY) is currently undergoing a consolidative phase, hovering around the 103.50 zone, which aligns with the pivotal 200-day Simple Moving Average (SMA). Despite the recent bullish trend...
Daily Market Outlook, January 31, 2024
Daily Market Outlook, January 31, 2024Munnelly’s Market Minute…“Focus Firmly On FOMC”Asian markets were mostly quiet as a result of numerous earnings and important data releases at the end of the...
GBP Slides As Retail Inflation Falls
UK Shop Prices FallBritish consumers will no doubt be cheering the latest data out of the UK today. The BRC shop price index was seen falling to 2.9% in January, down from 4.3% last month. At this...
Cookie Policy: The Tickmill website uses cookies. By continuing browsing the page you automatically agree to our use of cookies. For more information on our cookie usage, on how to change cookies and their settings see our Cookies Policy.