EUR/USD Freefalls: Are There Signs of a Rebound?
Key Highlights EUR/USD started another decline and traded below the 1.0500 support. A major bearish […]
Euro Weakens Sharply, Sterling and Swiss Franc Also Under Pressure
Euro stole the limelight last week with a steep selloff triggered by poor activity data. […]
Weekly Focus – Geopolitics Back on the Radar
Rising tensions between Russia and Ukraine caused renewed unease in the markets this week. Putin signed […]
Gold Hits New Highs in Euro
Gold returned to growth after nearly three weeks of decline, reversing last week’s drop. The […]
EUR/USD Breaks 2023 Low
Today’s PMI figures were released and came in worse than analysts’ expectations. The Flash Manufacturing […]
Oil, Gas Prices Up on Escalating Tensions with Russia
Moodiness due to a lack of a strong post-earnings rally from Nvidia remained short-lived. Investors […]
EUR/USD Outlook: Continues to Move Within Extended Consolidation Range, But Larger Bears Hold Grip
EUR/USD remains biased lower as near term action stays within extended consolidation range above 13-month […]
US Money Markets Now Put Probability of 25 bps Fed Rate Cut in December at Only 50%
Markets Geopolitical developments keep hijacking headlines. Risk sentiment improved at the start of yesterday’s trading […]
Temporary Dollar Dip or Intrinsic Euro Strength?
The Dollar Index is retreating from Thursday’s highs, moving against the logic of fundamental forces. […]
EURJPY Correction Halts at Key Support Area
EURJPY is hovering around the 100-day SMA EURJPY bears have probably regained the upper hand […]
San Francisco Fed Economists Said US Labor Market Still Adding to Inflationary Pressures
Markets US Treasuries followed last week’s recipe. Testing the recent low (area; depending on the […]
US Crude Rallies Continue to Face Stiff Resistance
The week kicked off on a bullish note, as the recovery in US treasuries, and […]