EUR/GBP retreats from 5-month high as EU economy contracts

[ad_1] Share: EUR/GBP falls from a 5-month high of 0.8754, currently trading at 0.8705. Eurozone inflation drops to 2.9% in October, while GDP for Q3 misses forecasts, contracting by 0.1%. The Bank of England is expected to keep rates unchanged at 5.25% on November 2, as traders priced in rate cuts towards the

Volume Weighted MA MT4 Indicator

[ad_1] In the fast-paced world of financial markets, having a competitive edge is essential for successful trading. Traders and investors are constantly seeking tools and indicators that can provide valuable insights and help make informed decisions. One such indicator that has gained popularity in recent years is the Volume Weighted Moving Average (VWMA) on the

Oil edges higher, eyes on Venezuela after opposition primary suspended

[ad_1] Earlier this month, the US granted Venezuela sanctions relief in exchange for holding fair elections this year. That plan appears to be unravelling quickly as yesterday Venezuela’s electoral court said it is suspending opposition primaries days after President Nicolas Maduro called the vote a fraud. To be fair, the 93% primary vote for María

British Pound – GBP/USD and EUR/GBP Technical Outlooks

[ad_1] British Pound – GBP/USD and EUR/GBP Technical Outlooks Recommended by Nick Cawley Get Your Free GBP Forecast For all market-moving economic data and events, see the DailyFX Calendar The US dollar is caught in a small down draft, prompted by a sell-off in US Treasury yields. After hitting a multi-year high of 5.26% last

Another modest decline in GDP in Q4 followed by a slow recovery – Rabobank

[ad_1] Share: In the third quarter, the Eurozone economy contracted by 0.1% compared to the second quarter. Economists at Rabobank expect that the Eurozone will enter a mild recession, followed by a period of sluggish growth. The start of a recession? The Eurozone economy contracted by 0.1% in the second quarter, with a