In a call scheduled for January 25, 00:30 am GMT+2, Microsoft will publish the company's earnings for the final quarter of 2022 and comment on the results, projections, and outlook for the nearest future of the company.
EUR/JPY: local downward retracement?
2020-12-15 • Updated
For the last two weeks, the channel of 126.50-126.70 has been capping the upside potential for USD/JPY. It already bounced downwards a couple of times previously, the last one took place a week ago. Currently, the pair is exactly at the entrance of this resistance channel. If it moves further upwards to cross this channel, we may consider the sideways trajectory to be discontinued. Otherwise, if the price leaves 126.50 to a lower area, the support zone of 125.80-126.00 may be the likely target.
In a call scheduled for January 25, 00:30 am GMT+2, the Tesla Inc. team will publish the company's earnings for the final quarter of 2022 and comment on the results, projections, and outlook for the nearest future of the company.
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
On Thursday, the 2nd of February, the Bank of England will publish its report concerning interest rates and inflation data for the Eurozone. Professionals and investors anticipate that Andrew Bailey’s lead team of policy makers will likely raise interest rates to 4%; the highest in over a decade, for the tenth time in a row.
The first FOMC meeting comes after a buildup of anticipation from traders and investors alike, as the markets await what posture the Fed will take regarding the interest rates; would there be a hike or a cut in interest rates?
Western countries are trying to find other options for oil and gas supplies after a 10th package of sanctions, which will put more pressure on Russian oil and decrease global oil supply. Italy, for example, is in talks with Libya.