The Bank of England left rates on hold, but its member Kristin Forbes voted for a hike thereby showing that policymakers becoming more and more concerned with a rise in inflation…
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EUR/USD broke above the daily Ichimoku Cloud plus the 50-day MA is about to cross 100-day MA to the upside…
EUR/USD ended last week on a positive note as the ECB revised up the euro zone’s growth and inflation outlook and sounded slightly less dovish…
The Bank of England is not expected to change its policy this week…
Before we hear from the BOJ though, the US Federal Reserve will first take the stage and announce its rate decision on Wednesday, March 15…
US labor market data which came out on Friday reinforced market expectations that the Federal Reserve will hike interest rates this week despite slowing economic growth…
Next week will start with the Australian retail sales and the RBA cash rate announcement…
Although technical indicators possess certain advantages, they have drawbacks as well: the indicators often lag the price and produce false signals…