EURUSD keeps the seller in firm control

The EURUSD is looking to go into the weekend with the bearish bias intact. 
Looking at the four hour chart above, the pair fell below the low from 2021 (from November) during yesterday’s trade at 1.11853. The corrective move off of the low today a

The calendar week starting January 31 has a number of key earnings releases which could impact the market. Some of the leading names include Alphabet, AMD, Starbucks, Exxon Mobil, PayPal, Amazon, Ford, GM.Below is a list of the earnings and scheduled day:Monday Jan 31AlibabaTuesday Feb 1AlphabetElec

S&P 500 futures -0.2%
Nasdaq futures +0.3%
Dow futures -0.3%

Despite the earlier optimism, it belies the more tentative and guarded mood in the market overall. Equities have been all over the place in US trading this week and today may be no different. In trading yesterday, stocks clo

The drop below 0.6700 last week was the crucial element in driving the declines for NZD/USD as of late but the stronger dollar and more hawkish Fed certainly exacerbated that sentiment.As a result, the pair is now finding itself on the verge of seven straight days of declines – down another 0.4%

The British pound might
continue falling: this possibility is supported by several fundamental and
technical factors. Aggressive policy of the US Fed and the expected growth of
the dollar will make the pound retreat faster than it is doing now.
Speeding-up
inflation

Prior +1.7%GDP (non-seasonally adjusted) +1.4% y/yPrior +2.5%GDP (working day adjusted) +1.4% y/yPrior +2.5%Apologies as there is a bit of a delay on the post due to technical difficulties. The German economy contracted more than expected in Q4 last year, owing to the spread of omicron and restricti

On Thursday, Bitcoin lost 0.4%, ending the day around $36,200, and Ethereum
fell 2.5%. The other leading altcoins in the top ten also mostly saw declines,
from XRP down 0.9% to Terra with -8.3%. According to CoinGecko, the total
capitalization of the crypto market sank by 2.3% per day, to $1.72 tr

The market is looking to price in five rate hikes now after the more hawkish Fed communique yesterday and that is keeping the dollar underpinned in trading today. The latest nudge higher in the greenback is seeing EUR/USD break from a key technical range since late November in a drop below

The pair is now up by 0.5% on the day, to 115.24 as price touches the highest since 12 January.

The dollar continues to benefit from the more hawkish Fed communique yesterday, maintaining a solid advance across the board in European morning trade. For USD/JPY, the run up now is testing the 38.2 r

Prior 8The headline reading shows a notable rebound in retail sales as compared to January last year, though one has to consider the impact of lockdown measures at the time. When looking at volume of retail sales for this period in time, the reading fell from -2 in December to -23 in January – the l