Tag: tickmill

The US labor market is “strong”, inflation is “well above” the target level and balance sheet runoff could be combined with interest rate hikes – these are the three key takeaways from the Fed meeting. We can conclude from them that the Fed’s lead, in terms of intentions to tighten policy, has only increased compared […]

USD GDP Up NextOn the back of yesterday’s hawkish FOMC meeting, the focus is now on advance quarterly USD GDP data due to be released later today. The market is looking for a firm bounce from the prior quarter’s 2.3% reading to 5.3%. If confirmed, this should add further fuel to the current USD rally, […]

CIBCFX FlowsNew Zealand 4Q annual CPI rose to 5.9%, highest in more than 30 years. According to Bloomberg, price increases were widespread and were particularly acute for home rentals and construction of new dwellings. Shipping disruptions that stem from closed borders and congestion at ports during the pandemic have added fuel to the inflation bonfire. […]

Our main aim is to be the lowest cost provider in the Retail FX & CFD Brokerage space. It’s our mission to offer a competitive yet reliable brokerage service and, provide our global client base with the best pricing, regardless of changing market conditions.Tickmill also offers an institutional liquidity solution. We’ve designed it specifically for […]

Hawkish Expectations Ahead of BOCAhead of the FOMC tonight, the Bank of Canada rate decision later today is drawing a great deal of attention given the market’s hawkish expectations. With Inflation seen hitting thirty year highs in December and with BOC governor Macklem noting that slack in the Canadian economy had “substantially diminished”,current market pricing […]

Bitcoin Heads Lower (Again!)Just as Bitcoin bulls thought it couldn’t get any worse, the market took another leg lower this week. Following an almost 20% decline last week, the bulk of which came on Friday as the market lurched beneath 4151 support, prices opened up under heavy selling pressure this week. BTC was down over […]

The Bank of Japan may be mulling over following the suit of its peers and finally pick a course on raising rates. According to early rumors, this may happen before inflation hits its 2% target as the swift pace of its recovery could warrant an early policy action.BoJ is not expected to make a rate […]

Market Looking For March Rate Hike SignalLooking ahead to today’s FOMC meeting, the market is firmly expecting a hawkish delivery from the Fed. While no policy adjustment is expected at this point, the market is, however, looking for the Fed to essentially confirm a rate hike in March. Pricing for a March lift off has […]

Daily Market Outlook, January 25, 2022 Overnight Headlines Australian Core Inflation Jumps To 7-1/2 Year Peak In Major Shock Australian Business Confidence Bruised By Coronavirus Surge China: Too-Fast Stimulus End In Some Nations May Hit Exports China Newspaper Calls For Faster Approval Of Property M&A Loans BoJ’s Kuroda Vows Easy Policy, Aware Of Early Inflation […]

Type: Bullish BounceKey Levels:Resistance: 2.04059Pivot: 2.01111Support: 2.00397Preferred Case:Prices are on bullish momentum and abiding to our bullish trendline. We see the potential for a bounce from our Pivot a 2.01111 in line with 100% Fibonacci extension towards our 1st resistance at 2.04059 in line with 61.8% Fibonacci extension, 127.2% Fibonacci extension and 100% Fibonacci retracement. […]