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Wednesday, February 12, 2025

European Markets Wrap-Up: US MBA mortgage applications w.e. 7 February +2.3% vs +2.2% prior

US MBA mortgage applications w.e. 7 February +2.3% vs +2.2% prior

Prior +2.2% Market index 230.0 vs 224.8 prior Purchase index 153.1 vs 156.7 prior Refinance index 640.6 vs 584.3 prior 30-year mortgage rate 6.95% vs 6.97% prior Mortgage applications rose in the past... 

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AUDUSD Technical Analysis – Awaiting the US inflation report

Fundamental Overview The USD got a short term boost recently as Trump floated reciprocal tariffs . That came after a good US NFP report where the data was mixed at best but still pointing to strength.... 

How to Trade NASDAQ Today - TradeCompass

NASDAQ Futures Trade Compass – February 12, 2025 Current Market Snapshot NASDAQ Futures Price: 21,775 Change from Yesterday's Close: -0.05% Current Session VWAP: 21,794 Nasdaq analysis today by TradeC... 

ECB's Holzmann: Inflation is still a threat due to tariffs

A 50 bps rate cut this year would not be a good decision Our job is to deal with inflation We want to come close to the neutral rate but unsure of when we will reach it Wage pressures are moderating T... 

A breather in the gold rally shifts the focus back to the near-term chart

The high earlier this week touched $2,942 and gold is nearly 2% down from that currently. Is it a case of running out of steam or are the bulls just taking a bit of a breather? I reckon the near-term... 

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Latest Forex Orders

FX option expiries for 12 February 10am New York cut

There are arguably just a couple to take note of on the day, as highlighted in bold . They are for EUR/USD at the 1.0300 and 1.0325 levels but amid another likely quieter session in Europe, the expiri... 

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