German IFO Business Climate Index beat estimates with 87.5 in May. EUR/USD remains pressured above 1.1300 on German sentiment data. The headline German IFO Business Climate…
Swiss Market Index Wave technical analysis Function: Trend. Mode: Impulsive. Structure: Navy blue wave 1. Position: Gray wave 3. Direction next lower degrees: Navy blue wave 2. Details: Gray wave 2 appears complete; navy…
US Dollar Index declines as Fed officials highlighted a drop in both business and consumer confidence. Atlanta Fed Bostic alerted that the inconsistent and shifting…
The USD continues with its struggle to gain any meaningful traction on Tuesday. Bets for more interest rate cuts by the Fed keep the USD…
FXStreet Fed Sentiment Index remains in hawkish territory after May meeting. Several Fed policymakers will be delivering speeches later in the day. Markets see virtually…
The US Dollar Index faces pressure after Moody’s downgraded the US credit rating by one notch. Moody’s now projects US federal debt to surge to…
Consumer confidence in the US declined in early May. One-year inflation expectation edged higher to 7.3%. US consumer sentiment weakened in early May, according to…
DAX (Germany) Wave technical analysis Function: Bullish Trend. Mode: Impulsive. Structure: Orange Wave 1. Position: Navy Blue Wave 3. Direction next lower degrees: Orange Wave 2. Details: Navy Blue Wave…
The US Dollar Index is under pressure amid persistent trade-related uncertainties. There is rising speculation that Washington might be leaning toward a weaker dollar to…
S&P BSE Sensex Next 50 Wave technical analysis Function: Bullish Trend. Mode: Impulsive. Structure: Orange Wave 3. Position: Navy Blue Wave 3. Direction next higher degrees: Orange Wave 3 (started). Details:…