Yule

Gold pushed higher to the upper side of the triangle this month, and then also broke above the 3450 area, above both waves D and B swing points. This suggests the contracting range since May is finished and we are now in a new bullish phase, likely the fifth wave on the higher time frame chart. We s

The Federal Reserve finally delivered a 25 bps rate cut in September and signalled more easing into 2025. The dot plot now leans toward three cuts next year, with the CME FedWatch tool showing strong odds for additional moves in October and December. Powell described the decision as a “risk-manageme

Fed cut and Powell’s dovish tone weakened the dollar, giving EUR/USD room to rally.Euro strength reinforced by ECB policy contrast and risk-on flows as markets priced relative divergence.Technical confirmation above 1.1788 FVGs sets the stage for continuation toward 1.1900–1.1930, while 1.1750 remai

Reserve Bank of New Zealand (RBNZ) Governor Christian Hawkesby on Thursday reiterated that the Official Cash Rate (OCR) is projected to reach 2.5%. Hawkesby further stated that whether the central bank reaches its goal depends on the data. Key quotes Challenging time at RBNZ. RBNZ faces test of trus

Partner Center China’s August CPI figure reflected a steeper 0.4% year-on-year decline in price levels versus the projected 0.2% dip while the PPI report came in line with expectations of a 2.9% slump. The core inflation’s uptick to 0.9% provides some encouragement, potentially reflecting the impact

USD/JPY has been driven by shifting rate expectations through 2025. The pair sold off early in the year as markets began pricing in Federal Reserve rate cuts, weakening the dollar against the yen. Into the summer, the tide turned as U.S. yields held firm and the Bank of Japan (BOJ) maintained its ea

The Euro (EUR) is quietly consolidating in a tight range and entering Monday’s NA session unchanged from Friday’s close, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report. Markets appear calm in face of French vote "All eyes are on this Thursday’s ECB and a hold is widely expec

China is resuming its domestic bond market with top Russian energy companies, indicating deeper economic and political relations with Moscow, the Financial Times reported on Monday, citing two people familiar with the matter. Senior regulators told Russian energy executives in late August that they