German IFO Business Climate Index improves to 91.8 in April, rescues EUR bulls
German IFO Business Climate Index came in at 91.8 in April. IFO Current Economic Assessment
USD/MYR: Next target comes at 4.40 – UOB
Quek Ser Leang at UOB Group’s Global Economics & Markets Research noted USD/MYR faces the
German government raises 2022 CPI forecast to 6.1% vs. 3.3% seen in January – Reuters
In its spring forecast, Germany’s government raised the 2022 inflation forecast to 6.1% vs. 3.3%
German IFO’s Economist: See no recession in Q1
Economist Klaus Wohlrabe at Germany’s IFO said that they do not see a risk of recession
USD/CAD off six-week highs, tracks USD lower ahead of BOC’s Macklem
USD/CAD bulls take a breather after a remarkable upsurge to six-week highs. The US dollar
GBP/USD plummets to 1.2700 neighbourhood, lowest level since September 2020
GBP/USD witnessed aggressive follow-through selling for the third successive day on Monday. Signs that the
Eurozone GDP now seen at 2.7% in 2022 vs. 3% previous – Morgan Stanley
Analysts at Morgan Stanley revised down their forecasts for Eurozone GDP growth this year and
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Cryptos hang by a thread as bulls disappear
Bitcoin price slowly descends below the 200 three-day SMA, indicating a lack of buying pressure.
EUR/USD looks depressed near 1.0700, USD in new cycle tops
EUR/USD comes under heavy pressure near 1.0700. German 10y bund yields break below the 0.90%.
Is the bond market forcing the Fed’s hand to hike faster?
In a word, no. Let's discuss what's really going on. Rate hike probabilities for December