EUR/USD ANALYSIS Weak US dollar providing sustenance for EUR. ECB officials in focus today. EUR/USD hits overbought zone on RSI, is bullish momentum fading? Elevate your trading skills and gain a competitive edge. Get your hands on the Euro Q4 outlook today for exclusive insights into key market catalysts that should be on every trader’s
US Retail Sales Turn Lower in October US retail sales broke its run of six consecutive positive prints in October, dropping 0.1% in the month of October compared to September. In addition, September’s number was revised higher from +0.7% to +0.9%. Customize and filter live economic data via our DailyFX economic calendar Recommended by Richard
Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, Nasdaq 100 Analysis and Charts Download our Q4 Equities trading Forecast Below: Recommended by IG Get Your Free Equities Forecast FTSE 100 tries to begin the week on a positive footing The FTSE 100 has come off Thursday’s 7,466 high amid hawkish comments
US NFP Data for October NFP 150k vs 180k estimate, September’s 336k print revised lower to 297k. Unemployment rate 3.9% vs 3.8% exp Fed funds futures lower estimates of another Fed hike this year Immediate market reaction: USD, yields drop while gold rises The analysis in this article makes use of chart patterns and key
British Pound (GBP) Analysis and Charts A mildly hawkish BoE helps underpin GBP/USD Cable pushes back above 1.2200 For all market-moving economic data and events, see the DailyFX Calendar Recommended by Nick Cawley Get Your Free GBP Forecast The Bank of England (BoE) left the Bank Rate unchanged today at 5.25%, for the second meeting
Share: The Euro clings to daily gains vs. the US Dollar. Stocks in Europe extend the multi-day decline on Monday. EUR/USD keeps hovering around the 1.0600 zone. The USD Index (DXY) comes under pressure and disputes 106.00. Eurozone flash Consumer Confidence is due in the domestic docket. The Chicago Fed National Activity Index ticks higher in September.
Gold (XAU/USD) Analysis, Prices, and Charts Middle East conflict boosts gold allure. Retail traders remain heavily long of gold. Download our Brand New Q4 Gold Guide for Free Recommended by Nick Cawley Get Your Free Gold Forecast Violence erupted in the Middle East over the weekend after Palestinian Islamist militant group Hamas attacked Israel with
Verteran political player, Nancy Pelosi, 83, is lacing up her political sneakers for another run in Congress. A surprise? Not really. She’s been at it since 1987! Pelosi’s reelection bid: Quick stock market takeaway Why stock market junkies should care: 📌 Political stability often means $$$ for the market. 📌 Pelosi = Pro-Democrat. A stronger