Gold Poised for a Rally as Support Builds from Multiple Factors
Gold is trading around 2,910 USD per troy ounce on Wednesday, pausing after the previous […]
Australian GDP Beats Forecast, Aussie Edges Higher
The Australian dollar has extended its gains on Wednesday. AUD/USD is trading at 0.6271 in […]
XAU/USD: Weaker Dollar and Trade War Uncertainty to Continue to Support
Gold remained steady on Wednesday and in consolidation mode after strong rally in past two […]
Eurozone PPI up 0.8% mom 1.8% yoy in Jan, above expectations.
Eurozone producer prices rose sharply by 0.8% mom and 1.8% yoy in January, exceeding expectations […]
EUR/JPY Moves Swiftly Up Near Familiar Support
EUR/JPY climbs higher after finding solid ground. Technical signals are promising. Bullish trend reversal remains […]
UK PMI services finalized at 51, stagflation risks grow
The UK services sector showed little improvement in February, with PMI Services finalized at 51.0, […]
Eurozone PMI composite finalized at 50.2, barely grow for two months
Eurozone economy showed little momentum in February, with PMI Services finalizing at 50.6, down from […]
Crypto’s Unconvincing Rebound
Market Picture The crypto market has gained 4% in cap in 24 hours, but this […]
EUR/USD Rallies While USD/CHF Dips Further
EUR/USD started a fresh increase above the 1.0550 resistance. USD/CHF declined and now struggling below […]
Swiss annual CPI ticks down to 0.3% yoy, remains weak
Swiss inflation accelerated on a monthly basis in February, with CPI rising 0.6% mom, slightly […]
US ADP jobs grow only 77, hiring slowdown
US private sector employment growth slowed sharply in February, with ADP reporting an increase of […]