USD/CAD Flirting With 140, Retail Sales Next
The Canadian dollar is lower on Friday. In the North American session, USD/CAD is trading […]
GBP/USD Outlook: Cable Falls to New Multi-Month Low After Disappointing UK Economic Data
GBPUSD dipped below 1.2500 handle and hit new lowest in 6 ½ months on Friday, […]
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 […]
British Retail Sales Decline, Pound Extends Losses
The British pound is lower for a straight third trading day on Friday. In the […]
Crypto Market Buzzing in Anticipation of Regulatory Change
Market Picture Crypto market capitalisation surpassed $3.3 trillion, up 3.8% in the last 24 hours. […]
USD/JPY Awaits Potential Stimulus Impact
The USD/JPY pair remains stable at approximately 154.30 amid global economic fluctuations and expectations of […]
AUDUSD Rangebound in Quiet Trading
AUDUSD holds steady within 0.6500 zone Technical picture remains gloomy below 0.6630 AUDUSD has largely […]
Eurozone PMI signals stagflation as both manufacturing and services contract
Eurozone economic activity weakened sharply in November, with PMI Manufacturing falling to 45.2 from 46.0 […]
Elliott Wave View: GBPUSD is Approaching Support Zone
Short Term Elliott Wave View in GBPUSD suggests decline from 9.26.2024 high is in progress […]
Rising Geopolitical Tensions Will Likely Limit Any Rebound Potential for the Single Currency
Markets This week’s consolidation pattern on bond markets simply continued yesterday. Lower weekly jobless claims […]
UK PMI composite fall to 49.9, slips into contraction as post-budget sentiment worsens
UK economic activity weakened in November, with the Composite PMI falling from 51.8 to 49.9, […]