[ad_1] Share: The Euro maintains the bullish stance against the US Dollar. European stocks trade mostly on the defensive on Monday. ECB President Christine Lagarde to speak later in the session. The Euro keeps the bid bias unchanged against the US Dollar, motivating EUR/USD to flirt with the area of recent peaks around 1.0960 at the beginning
[ad_1] US DOLLAR, EUR/USD KEY POINTS POST FOMC MINUTES: MOST READ: Crypto Forecast: Will Bitcoin Have What it Takes to Break the $38k Mark? The US Federal Reserve released the minutes of the November FOMC meeting a short while ago with no real surprises and a rather subdued market reaction. This shouldn’t come as a
[ad_1] Share: AUD/USD is still trading around 5% below its mid-July high. Economists at Commerzbank analyze Aussie’s outlook. Downside potential again in 2025 With the US likely to enter a recession in the coming months, while the Australian economy is expected to have a soft landing, the trend is likely to reverse in
[ad_1] OIL PRICE FORECAST: Oil Recovery Now Up 7%+ from Last Week’s Lows with $80 a Barrel Now in Sight. Speculation Continues to Mount Around Further Supply Cuts from OPEC+ as the Organization Meets Later this Month. Technical Hurdles Ahead May Prove Insignificant as Sentiment and OPEC Concerns Keep Bulls Interested. To Learn More About
[ad_1] Share: The GBP/JPY has rebounded back towards 186.50 after sinking post-UK Retail Sales slide. Investor sentiment is seeing a bounce heading into the Friday close, dragging the GBP back up. With UK data continuing to miss the mark, downside risks remain for the Pound Sterling. The GBP/JPY plummeted below 185.50 in Friday
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[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
[ad_1] AUD/USD OUTLOOK: AUD/USD rises for the second straight day Despite today’s moves in FX markets, geopolitical tensions in the Middle East and rising U.S. Treasury yields create a hostile backdrop for the Australian dollar This article looks at key AUD/USD’s technical levels to watch this week Trade Smarter – Sign up for the DailyFX
[ad_1] Share: Canadian Dollar flows are resurfacing after Thursday’s nosedive, propped up by a reinvigorated oil bid. Canada economic data remains thin until Tuesday’s CPI print. US Dollar giving back yesterday’s gains after consumer sentiment miss. The Canadian Dollar (CAD) caught a mild recovery on Friday, paring back Thursday’s dip after broad-market risk
