Blog

BoE hawkish decision tempered by dovish Bailey, EUR/GBP working on key reversal

Bitcoin (BTC) prices have regained confidence after temporarily falling below $38,000. Positive NFP report raises the probability of an aggressive Fed.

This morning brings the release of Non-farm Payrolls for the month of January and interest is high as the USD has seen a precipitous price decline ahead of the release.

The EUR/USD is screaming from a low and it says a lot about what may happen next; seen as kicking off broader move higher.

Crude Oil has surged lately, as capacity constraints resulted in lower than intended output among OPEC+ nations.

Big ECB Pivot Fuels Euro Rally. EUR/GBP Reverses as View Turns to Policy Convergence

The British Pound is giving back some of its recent gains after Thursday's hawkish BoE policy meeting with political risk now likely the driver of the next move.

Rand strength may be coming to an end once Fed tightening gains momentum as the SARB looks to balance rising inflation pressures with weak economic growth.

Gold prices may fall in the wake of January’s US jobs data if sluggish hiring coupled with soaring wage inflation appear to embolden the Fed’s hawkish instincts.

The Euro got a massive boost from a surprisingly hawkish ECB in a highly volatile environment across many markets ahead of NFP. Will EUR/USD make a new high?