Blogs

<p>The Nasdaq index is the biggest decliner of the three major stock indices with a fall of 1.4%. That decline has taken the price of the index down toward its rising 100-hour moving average currently at 15226.50. A move below that level would increase the bearish bias and have traders looking toward the 200 hour […]

According to Destatis, the preliminary Inflation Rate in Germany showed consumer prices rising at a monthly 0.2% in January (from 0.1%) and 2.9% over the last twelve months (from 3.7%).

Apart from a period during Autumn 2023, EUR/GBP has been mostly confined to the 0.8700 to 0.8500 range since late May last year.

Germany Consumer Price Index (YoY) came in at 2.9% below forecasts (3.3%) in January

Germany Harmonized Index of Consumer Prices (MoM) came in at -0.2% below forecasts (-0.1%) in January

Germany Consumer Price Index (MoM) meets expectations (0.2%) in January

Germany Harmonized Index of Consumer Prices (YoY) below forecasts (3.2%) in January: Actual (3.1%)

Oil prices are seeing a pickup in volatility on Wednesday, jumping towards the $80 psychological level, as the US said it stands ready to issue new sanctions against the Venezuelan Oil industry. With this move, The US appears to be leveraging

The US Dollar (USD) is facing its first main event of 2024 with the US Federal Reserve rate decision for January.

<ul><li><a href="https://www.forexlive.com/news/adp-national-employment-for-december-164k-versus-115k-expected-20240104/" target="_blank" rel="follow">Prior </a>was +164K (revised to +158K)</li></ul><p>The median change in annual pay:</p><ul><li>Job stayers 5.