US Dollar Index: Bears Pausing after Strong Acceleration, But Expected to Keep Control
The dollar index edges higher in Asian / early European trading on Monday, after the […]
Euro Sky-Rocketed to Four Months Highs
The euro is supported by the market interest to risk and strong confidence that the […]
USD/JPY IG Client Sentiment: Our data shows traders are now at their most net-long USD/JPY since Jan 25 when USD/JPY traded near 113.89.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
Eurozone industrial production rose 0.9% mom, EU up 0.9% mom
Eurozone industrial production rose 0.9% mom in September, well above expectation of 0.1% mom. Production […]
USD/CNH falling towards 7.000, but shouldn’t break there for long
Chinese Yuan surges today and hits the highest level against Dollar since early October. The […]
GBPUSD: Consolidation Likely to Precede Push Towards 1.20 Target
Cable is consolidating under new multi-week high (1.1854) reinforced by cracked Fibo 76.4% of 1.2293/1.0348 […]
AUD/USD Pair Moved into a Bullish Zone above 0.6550
The Aussie Dollar started a decent increase from the 0.6400 zone against the US Dollar. […]
EURUSD: Bulls Taking a Breather after Biggest Weekly Rally Since March 2020
Bulls are taking a breather in early Monday’s trading following strong rally last week (up […]
A Choppy Start
It’s been quite a choppy start to the trading week, with much of the focus […]
S&P 500 Tests Resistance
The S&P 500 flies high fuelled by the Fed pivot optimism. The vertical rise above […]
EURGBP Meets Support
The pound found support from upbeat GDP in Q3. The pair has been looking to […]
ECB Panetta: Aggressive tightening is not advisable now
ECB Executive Board member Fabio Panetta said in a speech, “after the progress we have […]