GBP/USD hits 12-week high amid positive data

Share: GBP/USD climbs above 1.2600, driven by optimistic UK data and a jump in UK yields. US data was mixed with solid Services and Composite PMIs, but Manufacturing PMI fell into contraction. Upcoming speeches by the BoE Governor and US economic reports to provide further cues for GBP/USD movement. The Pound Sterling (GBP)

ZigZag MT5 Indicator – ForexMT4Indicators.com

In the fast-paced world of financial markets, traders are constantly seeking ways to gain an edge. Whether you are a seasoned trader or just starting out, having access to the right tools and indicators can make a significant difference in your trading success. One such tool that has garnered attention in recent years is the

ECBs de Guindos: Euro area economy is stagnating in 2nd half of 2023

Euro area economy is stagnating in 2nd half of 2023 Q4 GDP will likely be similar to Q3 Risks tilted to the downside Current level of reates held for long enough and will likely tame inflation going forward.  This article was written by Greg Michalowski at www.forexlive.com. لینک منبع : هوشمند نیوز

Silver sees late jump on Friday, touches 12-week high at $24.30

Share: Spot Silver is surging late on Friday, tests 12-week high. XAG/USD pings $24.30 as Silver rebounds, following broad-market risk sentiment higher. Metals are pushing higher with the NY market set for an early close. XAG/USD tapped $24.30 in the back half of Friday’s trading, testing Silver’s highest bids in almost 12 weeks.

Israel Defense minister: Pause in military action is a short pause

The pause in the war in the Gaza/Isreal has paused as hostage exchange started today. However, the Israel defense minister says the pause will be a short pause, and that the full military force will resume operation.  This article was written by Greg Michalowski at www.forexlive.com. لینک منبع : هوشمند نیوز

GBP/USD climbs above 1.2600, driven by optimistic UK data

Share: GBP/USD hits 12-week high amid positive data The Pound Sterling (GBP) advances to a new 12-week high against the US Dollar (USD) courtesy of better-than-expected data revealed on Thursday, which sparked a sell-off of Gilts; consequently, UK bond yields rose. The GBP/USD is trading at 1.2606 after hitting a high of 1.2615.

Canada retail sales for September 0.6% vs 0.0% estimate

Canada retail sales Prior month -0.1% (they were expecting -0.3%) The September advance estimate was 0.0% Retail sales for September 0.6% vs 0.0% est. Ex auto 0.2% vs -0.2% est. Prior month ex auto, +0.1% Ex auto and gas -0.3%% vs -0.3% last month October advanced estimate 0.8% Retail sales were up in 4 of

GBP/JPY breaks above 188.50, hits its highest bids since August 2015

Share: GBP/JPY crosses 188.50, hits eight-year high as markets rally into the Friday close. The Pound Sterling is set for its fourth straight up day against the Yen. Risk appetite is catching a broad-market bid to cap off the trading week. The GBP/JPY has broken into new eight-year highs above 188.50 as the Pound

US stocks are set to open little changed as the week comes to a close

As the US stock market prepares to open for the holiday shortened week, the major indices are looking to open little changed. The Dow is up 49 points after closing up 184.74 points on Wednesday The S&P is up 0.88 points after closing up 18.45 points on Wednesday The Nasdaq is trading -9.5 points after

Dollar remains vulnerable, focus turns to inflation data

Share: In a shortened week, the US Dollar posted losses again. Next week, the key report in the US will be the Core PCE. Consumer inflation data is also due in the Eurozone with the preliminary November figures and in Australia with the October Monthly CPI. The Reserve Bank of New Zealand will