ECB – Retail Sales – Unemployment Claims – Producer Price Index ECB ECB raises key interest rate by 25 basis points to 4.5%, open to further hikes. According to Lagarde’s statements: Inflation risks include potential energy and food costs due to the Russia-Ukraine conflict. Downside risks to growth include broader geopolitical tensions. Outlook for growth…
Greetings! These are the forex levels I have in mind for a possible entry today. The levels are not intended as a trading recommendation, but rather as a guide for intraday/swing traders. The economic data listed can generate new momentum and should therefore be taken into account. I wish you a successful trading day! Rico…
Greetings! These are the forex levels I have in mind for a possible entry today. The levels are not intended as a trading recommendation, but rather as a guide for intraday/swing traders. The economic data listed can generate new momentum and should therefore be taken into account. I wish you a successful trading day! Rico…
Last weekend came remarks from BOJ Governor Ueda about a “quiet exit” from the current loose monetary policy. Major banks, including Credit Agricole, had warned in recent weeks of possible intervention (including verbal) by the BoJ. The reaction in the USDJPY and yen crosses came right at the market open on Sunday evening. The USD/JPY…
Greetings! These are the forex levels I have in mind for a possible entry today. The levels are not intended as a trading recommendation, but rather as a guide for intraday/swing traders. The economic data listed can generate new momentum and should therefore be taken into account. I wish you a successful trading day! Rico…
The Canadian dollar, the loonie, has lost luster in recent weeks as analysts have scaled back their near-term forecasts. The reasons for this are the ailing Chinese economy and rising interest rate differentials between the USA and Canada. China’s economic growth is slowing as policymakers try to address the property market downturn. Canada is a…
Greetings! These are the forex levels I have in mind for a possible entry today. The levels are not intended as a trading recommendation, but rather as a guide for intraday/swing traders. The economic data listed can generate new momentum and should therefore be taken into account. I wish you a successful trading day! Rico…
German industrial orders fell surprisingly sharply in July, posting an 11.7% month-on-month decline, according to the Federal Statistical Office. Analysts had expected a decline of 4.0%. The decrease was mainly attributed to the previous month’s increase in the aerospace sector. New orders in June were up unexpectedly, indicating the volatile nature of the order situation.…
Greetings! These are the forex levels I have in mind for a possible entry today. The levels are not intended as a trading recommendation, but rather as a guide for intraday/swing traders. The economic data listed can generate new momentum and should therefore be taken into account. I wish you a successful trading day! Rico…
Greetings! These are the forex levels I have in mind for a possible entry today. The levels are not intended as a trading recommendation, but rather as a guide for intraday/swing traders. The economic data listed can generate new momentum and should therefore be taken into account. I wish you a successful trading day! Rico…
