WTI Oil: Oil Price Rises on Renewed Demand Optimism But Key Barriers Still Hold
Strong bullish acceleration on Monday (WTI contract was up around 3% in Asia/Europe) retraced close […]
XAU/USD: Weaker Dollar and Improved Sentiment Lift Gold to 8-Month High
Gold rises to 8-month high on Monday, lifted by weaker dollar on growing expectations that […]
EUR Is Vigorous Again
The first week of the year was really volatile for the market major. On Monday, […]
Why Forex Traders Should Especially Care About the Stock Market This Quarter
We all know that the forex and stock markets are related, so it’s of course […]
EUR/GBP Likely Heading to 0.90 Handle
The European stock markets and the single currency continue to receive support from risks that, […]
Is Oil Stuck Between a Rock and a Hard Place?
After trading in a rollercoaster manner in 2022, oil seems to be starting the new […]
USD/JPY Eyes Inflation, Household Data
The Japanese yen is calm on Monday and is trading slightly higher, at 132.27. The […]
Dollar Index: Bears Pressure Key Support Zone and Risk Deeper Fall on Break
The dollar index remains at the back foot on Monday and pressuring key supports at […]
GBP/USD: Sterling Extends Advance on Growing Expectations for More Dovish Fed
Cable continues to benefit from rising expectations for more dovish Fed after US labor data […]
Eurozone unemployment rate unchanged at 6.5% in Nov, EU at 6.0%
Eurozone unemployment rate was unchanged at 6.5% in November. EU unemployment rate was unchanged at […]
Gold IG Client Sentiment: Our data shows traders are now at their least net-long Gold since Feb 18 when Gold traded near 1,896.09.
Yet traders are less net-long than yesterday and compared with last week. Recent changes in […]
ECB: Wage growth over the next few quarters very strong
In an economic bulletin article, ECB said, “Looking ahead, wage growth over the next few […]