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The US Dollar has been in a weird trading zone since the contradicting NFP report from the beginning of the month (forcing a dovish hand) and the strong PPI report that has shown the appearance of tariff effects (forcing a hawkish hand). Since, the odds for a September cut have held tight, despite regressing slightly … Read more

AUDUSD: ⬆️ Buy AUDUSD reversed from key support level 0.6400 Likely to rise to resistance level 0.6565 AUDUSD currency pair recently reversed up from the key support level 0.6400 (which has been reversing the price from May) standing near the lower daily Bollinger Band. The upward reversal from the support level 0.6400 created the daily … Read more

Gold: ⬆️ Buy Gold reversed from the key support level 3315.00 Likely to rise to resistance level 3450.00 Gold recently reversed up from the key support level 3315.00, intersecting with the support trendline of the daily Triangle from April. The upward reversal from the support level 3315.continues the active short-term impulse wave iii of the … Read more

BTCUSD is consolidating after a sharp fall in past three days (down over 6%), mainly driven by strong institutional selling. The price edged higher after hitting six-week low today, although the upside remains limited and warning of persisting downside pressure. The latest fall broke through key supports at 111370 (50% of 98182/124558 rally / 100DMA), … Read more

Cryptocurrencies have been a nice way to gauge market mood for the session amid nonexistent volatility in FX and unchanged Equity indices. And to be honest, it has not been easy to make much of the rangebound action since last Friday’s moves failed to continue. With yesterday’s selling in risk assets not being pursued and … Read more

GDP growth in NZ is on course to outpace Australia over the next few years. Even so, economic and labour market conditions in Australia look set to remain firmer than in NZ for some time yet. Trading places. When we last peeked over the Tasman in late 2024, the Australian economy was enjoying more robust … Read more

Key Highlights Bitcoin corrected gains and traded below the $112,000 support. BTC/USD now faces resistance near a bearish trend line at $115,500 on the 4-hour chart. Ethereum is consolidating gains above the $4,250 support. XRP price is showing a few bearish signs below $3.00. Bitcoin Price Technical Analysis Bitcoin price started a downside correction below … Read more

The week started badly for French assets, as the French PM called for a confidence vote that opposition parties immediately responded to with a ‘no confidence.’ The EURUSD consolidated below its 50-DMA despite a broadly pressured US dollar, which feels the pinch of a growing dispute between Federal Reserve (Fed) Governor Lisa Cook and US … Read more

In focus today Today is relatively quiet in terms of significant economic data releases, though we note a few items. In Denmark, retail sales figures for July will be released. Our Spending Monitor showed a 1.2% m/m increase in real retail spending in July, following a setback of -1.4% m/m in June. We expect the … Read more

Markets US President Trump’s unprecedented attack against the US Federal Reserve is heading for court. On Monday, he removed Fed governor Cook effective immediate for cause (related to mortgage fraud insinuations). Governor Cook refused, but if court rules that the President gets to define “cause”, it nullifies all protection for the independent US central bank. … Read more