USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.CNH is the offshore yuan. USD/CNH has no restrictions on its trading range.A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC.The previous close was 6

Expect more of this from the ECB as policymakers will try to steer clear of any talk about tightening policy. That considering that they intend to go with more asset purchases once PEPP ends in March.As for the headline above, remember when they said inflation will peak in November? Spanish inflatio

Cardano has been making waves in the crypto
universe for a while now because of how the general public’s opinion seems to have been deeply polarized.So, while many believe that Cardano is destined for greatness, others seem to have lost faith in the project entirely.First things first: Cardano’s g

I guess, everyone who is ambitious enough to trade without indicators faces a question right away: which elements of Price Action analysis do they use for their trading in Forex, futures, or stocks markets? Anyway, there is an element present at almost any trading strategy, i

That’s the fastest pace since 1989, up from the +5.5% y/y reading back in November.
This once again just reaffirms surging price pressures in the region as the year winds down, keeping the pressure on the ECB narrative that things will cool off going into next year.

Prior +0.9%
House prices +10.4% y/y
Prior +10.0%

UK house price growth continues to surge into year-end as demand conditions are still extremely robust in the market. That said, Nationwide notes that the outlook remains fairly uncertain with the strength of the housing market rather s

The dollar is faring slightly better on the day but the usual year-end caveat applies. As much as the move here looks enticing, be reminded that it comes amid thin liquidity conditions. That makes it tough to really trust any breakout.
In the case of USD/JPY, the weekly close will be an interesti

Prior +7.7%

With the ECB not turning off the taps just yet, broad money growth in the euro area continues to surge forward going into year-end with annual growth keeping at an elevated level.

Prior -10.8A slight improvement in terms of sentiment as omicron fears are brushed aside slightly following initial concerns. Credit Suisse notes that:“Swiss financial analysts have so far shrugged off the new variant of coronavirus in their forecasts and are bringing the year to a close with a neut

Let’s cut right to the chase. With the Fed set to hike rates next year, Treasury yields are staying supportive for the time being – more so on the short-end of the curve.
But the question is, how much of those rate hikes have already been factored into the equation?
Fed fund futures have already ful