The downturn in September is led by a slump in house building as output also saw its steepest decline since May 2020. Adding to that, new orders also suffered its fastest pace of decline in over three years. S&P Global notes that: “Output levels declined across the UK construction sector for the first time in
Canadian Dollar, USD/CAD, Technical Analysis, Retail Trader Positioning – IGCS Update Canadian Dollar heading for worst 2-weeks since mid-February Meanwhile, retail traders continue to increase downside exposure USD/CAD achieves key bullish breakout, but momentum fading Recommended by Daniel Dubrovsky Get Your Free USD Forecast The Canadian Dollar is heading towards its worst 2-week period against
US Dollar Vs Euro, British Pound, Japanese Yen – Price Setups: Recommended by Manish Jaradi Get Your Free Top Trading Opportunities Forecast Developments on the technical charts indicate that the US dollar’s rally is beginning to show tentative signs of fatigue, pointing to a minor pause in the near term. However, there are no signs
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© Reuters. FILE PHOTO: An India Rupee note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/File Photo By Milounee Purohit BENGALURU (Reuters) – The Indian rupee will trade in a tight range over the coming months as the Reserve Bank of India continues to intervene in the market to shield the currency
Share: EUR/GBP oscillates around the 0.8647-0.8661 region in a narrow trading band on Thursday. Eurozone Retail Sales came in at -2.1% YoY in August vs.-1%, worse than expectation. UK’s S&P Global/CIPS Composite PMI and Services PMI for September came in above the market consensus. Traders will monitor the German Trade Balance for August
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NZD/USD, GBP/NZD, NZD/JPY – Outlook: NZD/USD is holding above key support after RBNZ held rates steady. GBP/NZD has pulled back from stiff resistance; NZD/JPY’s range appears to be reinforced. What is the outlook and the key levels to watch in NZD/USD, GBP/NZD, and NZD/JPY? Recommended by Manish Jaradi Get Your Free Top Trading Opportunities Forecast
Coming up today: 0800 GMT / 0400 US Eastern time: ECB Governing Council member Peter Kazimir speaks at the National Bank of Slovakia’s quarterly press conference on the economic outlook for Slovakia 0945 GMT / 0545 US Eastern time: Participation by ECB board member Philip Lane in policy panel at 2023 ECB Conference on Monetary
Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities Update Crude oil prices on course for worst week since mid-March Retail traders recently turned net-long WTI, a bearish sign Prices broke under key moving averages, where too? Recommended by Daniel Dubrovsky Get Your Free Oil Forecast Crude oil prices are on course to
