EUR/USD Forecast – Prices, Charts, and Analysis The Euro edges lower on weak PMI data.. Sliding US Treasury bond yields undermine the US dollar. Download our Latest Q4 Euro Forecast Below Recommended by Nick Cawley Get Your Free EUR Forecast The German economy remained in contraction territory for the fourth month in a row, according
Further tentative comments from the Japanese Finance Minister. I posted earlier on what to listen for when intervention talk ramps up, in the links at this post: Alarms, and phones, going off in BoJ bedrooms with USD/JPY above 150 Suzuki is not ramping up the verbal intervention. USD/JPY update: This article was written by Eamonn
Oil (Brent Crude, WTI) Analysis Oil struggles to reclaim lost ground as demand concerns outweigh geopolitical risks API figures on Tuesday revealed a drop in American inventory levels. EIA storage data is due at 14:30 GMT IG client sentiment hints at further selling after recent repositioning The analysis in this article makes use of chart
Share: The highlight of the Asian session will be RBA Bullock’s appearance before the Senate Economics Legislation Committee. Later in the day, the European Central Bank will announce its monetary policy decision, and the US will release critical economic data, including Q3 GDP and Jobless Claims. Here is what you need to know on
EUR/USD, AUD/USD OUTLOOK: Traders will closely watch U.S. GDP data on Thursday The U.S. economy is forecast to have grown by 4.3% in the third quarter Strong economic activity numbers could boost the U.S. dollar, sending both EUR/USD and AUD/USD sharply lower Most Read: USD/CAD Fails to Sustain Breakout after Bank of Canada Decision. What’s
The Bank of Canada left its overnight rate unchanged at 5%, although other events overtook the news on it: Via, RBC, their ‘Bottom Line” response, in brief: CPI readings still running well above the 2% target, the BoC is firmly focused on getting inflation under control. Slower than expected progress is a concern. But evidence
GBP, DXY PRICE, CHARTS AND ANALYSIS: Read More: US Dollar Index (DXY) Update: US Dollar Retreats with GBP/USD Eyeing a Trendline Break GBPUSD enjoyed a mixed day with some consolidation in the European session as the DXY started the day on the back foot. The US session however, has seen a rise in US Yields
How a newbie starts trading? I believe its just because he sees some Youtube videos of a content creator making millions and showing off his lavish lifestyle, starting his morning with a tea on his yatch in Dubai with 5 or 6 super models around him in bikini. Well this is not the truth, They
Share: The AUD/USD is backsliding on Wednesday, tumbling over 90 pips from the day’s early peak. Further red is on the cards as broad-market risk appetite sours, sending the USD higher. Aussie inflation risks are increasing, and the RBA’s holding pattern has investors worried. The AUD/USD hit an early high of 0.6399 on
S&P500 & NAS100 PRICE FORECAST: SPX Faces a Host of Challenges as Recovery Hopes are Dashed by Rising US Yields and Poor Tech Earnings. Google Parent Alphabet Fell as Much as 8.7% as it Missed Expectations for its Cloud Business as Microsoft Gained 2.3% as it Beat Estimates. Meta and IBM Reporting After Market Close.
