Archived IMT (2008.11.28)
The sharp decline in Eurozone preliminary Nov CPI to 2.1% y/y from 3.2% in October clears the way for a possible 75-bp rate cut to 2.50% at next weeks ECB meeting. EURUSD failing to regain its previous resistance of $1.2820, now eyeing interim support at $1.2680. Mixed reports of a resolution to the hostage crisis in India is gradually alleviating market sentiment, aiding USDJPY higher towards the 95.50s but the pair does remain consolidative within the 95.00-95.60 range.
Stimulus Snag, China Chugs Along
by Adam Button | Aug 3, 2020 14:46
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by Ashraf Laidi | Aug 3, 2020 12:50
Some August Seasonals
by Adam Button | Jul 31, 2020 15:48
From Fed to Q2 GDP
by Adam Button | Jul 30, 2020 12:50
What Does the Fed See?
by Adam Button | Jul 29, 2020 17:32