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About: josephine

Recent Posts by josephine

GBPUSD Holds Weekly Gains as UK Fiscal Concerns Ease

Key Points The British pound remained on track for a third consecutive weekly gain against the US dollar on Friday, supported by improving sentiment around the UK fiscal outlook. GBPUSD traded near 1.3476 in early Friday trading, leaving sterling around 0.56% higher for the week. The pair reached 1.3556 on Wednesday, its highest level since Continue Reading

EUR/CAD steadies near 1.6070 as softer Eurozone inflation and firmer oil underpin Canadian Dollar

EUR/CAD holds near 1.6070; softer Eurozone inflation and rising oil-backed CAD favor downside via put spreads.

Positioning Unwind Fuels AI and Chip Stock Rout as Profit Expectations Shift

Positioning unwind sparks AI and chip sell-off as crowded bets exit, while DeepSeek pressures margins globally.

Austria HICP inflation cools to 3.2%, boosting bets on ECB rate cuts and euro weakness

Austria’s HICP inflation eased to 3.2% in June, boosting ECB cut bets and shaping trading strategies.

Austria June HICP Flat Against Forecasts, Raising ECB Hawkishness Risk for Rate Cuts

Austria’s June HICP surprised at 0% versus -0.3%, boosting hawkish ECB bets, euro calls, spread trades.

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