Brent Crude – Oil Slides 2% in European Trade Before a Recovery, OPEC+ Meeting Next
Oil prices fell by 2.4% in early European trade, possibly due to demand concerns and […]
EUR/USD Rate Accelerates Decline Following European Inflation News
According to the Eurostat data released today: → Core CPI Flash Estimate (YoY): actual = […]
Japanese Yen Slips as Powell Signals Small Cuts
USD/JPY is calm on Tuesday after the US dollar jumped 1.03% a day earlier. In […]
Crypto’s Step Back for Acceleration
Market picture The cryptocurrency market shed a further 0.7% of its capitalisation in 24 hours […]
Eurozone CPI falls to 1.8% in Sep, CPI core down to 2.7%
Eurozone CPI fell from 2.2% yoy to 1.8% yoy in September, below ECB’s 2% target […]
UK PMI manufacturing finalized at 51.5, confidence drops and price pressures rise
UK manufacturing sector expanded at a slower pace in September, with the PMI finalizing at […]
Eurozone PMI manufacturing finalized at 45, output and orders decline
Eurozone’s PMI Manufacturing was finalized at 45.0 in September, down from 45.8 in August, marking […]
EURUSD Turns Neutral Amid Double-Top Formation
EURUSD holds above 20-day SMA but bias turns neutral Bulls still have a chance as […]
USD/CAD Can Be Trapped in a Triangle – More Weakness After Completed A-B-C-D-E Waves
USDCAD is reversing south after an unsuccessful push above 2022 highs, so it appears that […]
ECB’s Rehn sees growing case for Oct rate cut
ECB Governing Council member Olli Rehn suggested today that slowing inflation and weaker growth prospects […]