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Preview of the ECB's interest rate decision The ECB is expected to raise its key interest rates by 25 basis points today, taking the deposit rate to 2.5% and the main refinancing rate to 2.65%. Policymakers face a delicate balancing act, weighing accelerated inflation against the risk that further tightening could drag the Eurozone into recession. #EUR #ECB #forex
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#Bitcoin holds within its recent range as #Fed hike bets, regulatory uncertainty and #derivatives positioning add to downside risks. Is Bitcoin preparing for a breakout or another leg lower? πŸ‘‰ spkl.io/60187Rd0O #XM #CryptoNews Your capital is at risk.
#EURUSD builds traction above 1.1600 ahead of expected 25bps #ECB rate hike! #OIL declines after sharp rise, #Gold holds near 4,400 and #US30 rebounds. Check our Trader's corner for more πŸ‘‰ spkl.io/60187RdIr #XM #TradersCorner Your capital is at risk.
Will Night in Vegas win the day in Doncaster? Ed Quigley exclusively shares his top picks for the St Leger Festival.
CPI Reading on Friday πŸ‡ΊπŸ‡Έ August inflation data lands tomorrow, Friday, September 11, at 12:30 UTC – just five days before the Fed's September decision. What's expected: β†’ CPI MoM: +0.4% (prev: +0.1%) β†’ CPI YoY: 3.4% (unchanged) β†’ Core CPI MoM: +0.2% (unchanged) https://t.co/uf25ZF1pdk
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πŸ“‰ US30 rolls over! 🐻 The Dow failed to break its last swing high, dropping below the swing low and both EMAsβ€”lower swings and converging EMAs hint at a potential bearish reversal. πŸ‘€ πŸ”‘ Key levels to watch: ⚠️ Breaks below 52,100 β†’ eyes on the next support at 51,200 βœ… Reclaims both EMAs β†’ room to climb toward resistance at 53,700 Bears testing the waters. πŸ“Š
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Brent tops US$100 Yields hit 2023 highs ECB decision & US PPI eyed today Here's what's moving markets: #FPMarkets #oil #yields #ECB #PPI #inflation https://t.co/qzENRSPoRW
A beautiful morning on the course. First swing, here we go!
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