FiscalAutonomy

FiscalAutonomy

Market are betting on fed rates in today mainly. If NFP comes stronger than expected, markets might plunge giving fed signal to raise interest as economy is healthy. However of it comes weak, markets will speculate fed might slow down rates. US Dollar Index could rebound towards the 114.80 high. During last OPEC meet on Wednesday OPEC decided in its first...

FiscalAutonomy

After the death cross was confirmed earlier this week, to test critical support near $ 1,805 with a 200-day moving average (DMA) and 50 DMA match, it lasted below the January 19 low of $ 1,810. A break is needed. This level also brings a wedge support line. The US Federal Reserve (Fed) matched extensive marketplace forecasts even as maintaining the benchmark...

FiscalAutonomy

The AUD/USD has resumed its decline in Asia, despite surprised by the sharp rise in inflation data. “Underlying inflation accelerated to 1% quarter-on-quarter and 2.6% year-on-year in the fourth quarter. Quarterly trimmed inflation was at its highest level since the third quarter of 2008, with annual figures For the first time since mid-2014, we are above the...