2021-02-24 11:28:35
Powell pushes for inflation, USD remains heavy, yields cool from highs, NZD spikes following RBNZ. Commodity currencies & Sterling at 3-year highs, Copper at near 10-year high, Oil slipped from 1-year highs. Gold holds over $1800. BTC up from under 45k to recover 50K. German GDP beats at 0.3%. Overnight - Japanese Inflation slips, ASO talks weak Q1 GDP and need for more Bonds. Nikkei closed lower -1.6%.
Today – US new home sales, DoEs, BoE's Haldane, Bailey, Vlieghe, Haskel, Broadbent, Fed's Powell, Brainard, Clarida.
Biggest (FX) Mover @ (07:30 GMT) GBPJPY (+0.73%) Rallied from break of 20MA yesterday at 148.00 to breach 150.00 earlier. R3 149.20, trades at 14960 now. Faster MAs aligned and trending higher, RSI 80.00 & OB, MACD histogram & signal line aligned higher with a big break of 0 line yesterday. Stochs down from OB zone. H1 ATR 0.2630, Daily ATR 0.9350.
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