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SNB Cuts Interest Rates: Forecast For The Swiss Franc

SNB Cuts Interest Rates: Forecast For The Swiss Franc

 Photo by Claudio Schwarz on Unsplash  The Swiss franc is a currency that owes its popularity to its noteworthy stability for many years. Backed by one of the most resilient economies in Europe, perhaps even in the world, the Swiss franc is considered by some as a safe haven in times of economic turmoil.Last week, the Swiss National […]
Bitcoin Hits $72,000: Echoes Of The Past In 2024

Bitcoin Hits $72,000: Echoes Of The Past In 2024

Image Source: DepositPhotosIn the fast-paced world of digital currency, Bitcoin has once again stolen the limelight, showcasing a remarkable 60% increase in its value since the dawn of 2024. This surge has catapulted the price of a single BTC to an unprecedented $72,000, stirring a whirlwind of excitement and speculation across the globe. This year’s […]
Gold Hits Record High; Further Gains Ahead?

Gold Hits Record High; Further Gains Ahead?

XAUUSD has set a new record high (~2235.64) ahead of the US PCE reading slated to be released today at 12:30 PM (UTC). Gold’s further trajectory may be affected by this economic release as it is believed to be the Fed’s preferred way to measure the inflation. According to the market consensus, the MoM and […]
Inflation Set To Remain Persistently High In Europe

Inflation Set To Remain Persistently High In Europe

Image source: Pixabay  A gloomy outlook: inflation is set to remain persistently high in Europe. We’ve been saying this for a long time. A Natixis study supports this view and identifies several factors (which we re-rank in order of importance) driving up prices in the long term: energy transition; high tension in the labor market, particularly in the eurozone, […]
EUR/GBP Price Analysis: Bearish Sentiment Prevails, Daily And Hourly Trends Lean Negative

EUR/GBP Price Analysis: Bearish Sentiment Prevails, Daily And Hourly Trends Lean Negative

The EUR/GBP pair is currently trading at 0.8550, with minor losses on Friday’s session. The sellers are exerting their presence as bullish momentum remains weak and the fact that the cross remains below its main Simple Moving Averages (SMAs) of 20,100 and 200-days contributes to the bearish bias.On the daily chart, the Relative Strength Index (RSI) currently […]
Disinflation Accelerates In France

Disinflation Accelerates In France

Image Source: Pexels  The slowdown in price growth was marked in March. The data indicate that a return to 2% inflation during 2024 is likely, although a rebound in inflation is expected in the second quarter.  Slower than expected CPIIn March, consumer price inflation in France came in at 2.3%, a lower figure than that expected […]
EUR/USD Holds Steady As Core PCE Meets Expectations

EUR/USD Holds Steady As Core PCE Meets Expectations

The EUR/USD remains barely unchanged on thin trading after the US Bureau of Economic Analysis (BEA) revealed the Federal Reserve’s preferred gauge for inflation, the Core Personal Consumption Expenditure (PCE) price index for February was aligned with estimates. That said, the EUR/USD trades at 1.0788, posting minuscule gains of 0.02% EUR/USD posts minimal movement after US inflation dataThe BEA revealed […]
Case-Shiller National Home Price Index Hits New Record High

Case-Shiller National Home Price Index Hits New Record High

Case-Shiller updated is home price data for January this week. Here are the key charts and a discussion of why it’s hard to tell if prices are rising or falling.Case-Shiller, OER and CPI data from St. Louis Fed, chart by Mish Chart Notes National and 10-City Case-Shiller home prices hit new record highs in August. […]
Christopher Waller The Fed’s Biggest Hawk Is Turning Dovish

Christopher Waller The Fed’s Biggest Hawk Is Turning Dovish

In a speech last Thursday, Fed Governor Christopher Waller showed how even the most hawkish Fed members are turning dovish. The transformation from a hawkish to a dovish Fed began last October. In late summer and early fall of 2023, the Fed talked about rate increases and was steadfast about beating inflation. At the November […]
Is Now The Time To Buy A Nvidia Dip?

Is Now The Time To Buy A Nvidia Dip?

Nvidia Corporation (NVDA) is a well-known American technology company primarily known for designing graphics processing units (GPUs) for the gaming, professional visualization, data center, and automotive markets. Nvidia has been at the forefront of technological innovation in various sectors, and its products and technologies have had a significant impact on industries ranging from gaming to […]