USD/JPY Technical: Mean Reversion Rebound in Progress Within a Medium-Term Downtrend
USD/JPY failure to have a clear break below 140.25 coupled with BoJ Governor Ueda’s cautious […]
Euro Slips as Eurozone PMIs Dip, US PMIs Next
The euro has started the trading week with considerable losses. EUR/USD is trading at 1.1103 […]
EUR/USD Outlook: Weak Data Deflate Euro But Larger Bulls Remain in Play
EURUSD was sharply down on Monday morning after weaker than expected German and French PMI’s […]
The Crypto Market Bullish Pause
Market Picture The cryptocurrency market paused growth early in the day on Monday after last […]
Analysts Predict Bitcoin’s Price Will Rise to an All-Time High This Year
As reported by CNBC, Jeff Kendrick from Standard Chartered Bank forecasts that, against the backdrop […]
UK PMI composite falls slightly to 52.9, soft landing and further BoE cut in sight
UK’s economic growth showed signs of moderation in September, with PMI Manufacturing slipping from 52.5 […]
Gold Near a Peak, But Uptrend Might Stay Solid
Gold charts a new record high after two-week rally Technical picture signals a temporary slowdown […]
Eurozone PMI composite falls to 48.9, Oct ECB rate cut on the table
Eurozone economic activity showed further signs of weakness in September as both manufacturing and services […]
Germany’s PMI composite falls to 47.2, recession baked in
Germany’s economic outlook has worsened with the latest PMI data showing continued weakness in both […]
France PMI composite tumbles to 47.4 as Olympics related anomaly dissipates
France’s economy took a sharp downturn in September as PMI Services dropped significantly from 55.0 […]
News of the Week (September 23—September 27): AUDUSD Review
AUDUSD poised for a move—traders should stay alert! The AUDUSD pair, often referred to by […]
Fed’s Kashkari backs 50bps cut, shifts focus to labor market weakness
In an essay, Minneapolis Fed President Neel Kashkari provided insight into his support for last […]