Euro Plunges After US CPI Data, Leaving EUR/USD at Risk Amid More Bullish Retail Bets

[ad_1] Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Euro plunges most since early October on US CPI data In response, retail traders boosted upside EUR/USD bets Prices also rejected the key falling trendline from July Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro plunged over 0.8 percent against the

Morgan Stanley says the near-term risk to oil supply is limited

[ad_1] Morgan Stanley assessed the impact on oil markets from the brutal Hamas attack on Israel. said that as neither Israel nor its direct neighbours are large oil producers the near-term risk to oil supply is limited MS did add though something to watch out for: “However, that could change in case the conflict were

USD, gold and crude oil rally on risk aversion

[ad_1] The war in Israel and the conflict in the Middle East, is causing a lot of uncertainty and unpredictability in the trading market. One major concern was about the supply and production of oil, which made the price of crude oil go up by 3.9% in just one day. This was because the OPEC

Risk stays on the defensive ahead of European trading

[ad_1] It’s been quite a while since geopolitics, or in this case an outright war, in the Middle East stole the spotlight in markets. But that is the case today as the world is honed in on the Hamas attacks on Israel on Saturday. That is seeing markets adopt a more risk-off approach today with

Canadian Dollar rises with the broader market in post-NFP risk appetite blowout

[ad_1] Share: Canadian Dollar market flows turn bullish following US & Canada labor data prints. Canada Unemployment Rate flat at 5.5%, US unemployment holds at 3.8%. US NFP handily beats expectations with slightly softer earnings. The Canadian Dollar (CAD) is climbing to fresh highs, set to challenge Monday’s trading range following a bumper

Gold Falters as US Yields and the DXY Advance, $1900 at Risk

[ad_1] XAU/USD PRICE FORECAST: MOST READ: Gold (XAU/USD), Silver (XAG/USD) Forecast: Upside Potential but Technical Hurdles Lie Ahead Gold extended its losses in the European session as US Treasury Yields continued their advance, while the US Dollar holds above the 106.00 handle. The ‘higher for longer narrative’ has gripped markets since last weeks Fed meeting

Risk mood remains cautious, USD/SGD at nine-month high

[ad_1] Major US indices attempted to bounce off their respective near-term support last Friday, but gains failed to sustain into the latter half of the session as selling pressures dominate. This came as the Federal Reserve’s (Fed) recent hawkish hold remains the overarching theme for the risk environment, which was further followed up by hawkish