USD Downside Well Protected Going into ECB
Markets Disappointing and weak EMU October PMI’s contrasted with slightly better (and 50+) readings in […]
PMIs Signal Growth Divergence Between Euro Area and US
Market movers today Data calendar for today is almost empty for main markets, only German […]
EUR/AUD Bearish Breakdown Supported by Additional China Fiscal Stimulus and AU Inflation
Weak PMI readings from the Eurozone, an increase in China’s budget deficit ratio, and renewed […]
Will US GDP Stats Exceed Forecasts?
Dollar takes a step back ahead of quarterly US GDP data Risks seem tilted towards […]
EUR/USD: Recovery Loses Traction after Weak PMI’s Hurt Fresh Bullish Sentiment
EURUSD edged lower on Tuesday after three-day recovery acceleration faced increased headwinds on approach to […]
Euro Dampened by Weak PMI Data
Economic activity in Europe is cooling, raising the spectre of an emerging recession in Germany […]
EURJPY Jumps to Fresh 15-year High
EURJPY posts a new 2023 peak in today’s session Quickly erases gains, seems unable to extend […]
Short Term Consolidation Might be in the Cards
Markets “We covered our bond short”. A tweet by the founder of Pershing Square Capital […]
Focus on PMI Data Today
Market movers today We will get October flash PMIs from euro area, UK and the […]
Euro Rides High on Technicals, Yet Fundamental Proof Awaits
In a surprising twist, Euro experienced a significant surge overnight, powering through a short-term resistance […]
EURJPY Extends Higher in Bullish Cycle
EURJPY extends higher and the pair has broken above the previous high on 8.30.2023 at […]
ECB to finally pause, EUR/USD looking soft
Today, ECB is broadly anticipated to maintain its main refinancing rate at 4.50% and the […]