EUR/USD At the end of last week, the rally lost its momentum and the currency pair made an unsuccessful test of the important resistance level of 1.1480. The forecast is for the pair to consolidate Read more…
Markets Ahead of Friday’s US payrolls, at least part of the market cautioned for a soft interrupt in the labour market recovery as omicron potentially dampened contact sensitive economic activity. However, contrary to the ADP Read more…
The US dollar and the Nasdaq 100 index tilted higher on Friday after strong American jobs numbers. The data showed that the American economy added more than 467k jobs in January, in a sign that Read more…
US futures traded flat in the overnight trading session, as the Federal Reserve (Fed) hawks came back in charge following strong job additions, and solid wages growth in the latest US jobs data. The US Read more…
Market movers today Monday’s data calendar is light with only German industrial production data for December due. Consensus expects stabilisation in monthly figures after a contraction in November. Today’s EP hearing with ECB president Lagarde Read more…
ECB Governing Council member Martins Kazaks said in a Reuters interview that a July rate hike “would imply an extremely and unlikely quick pace of tapering”. Overall, “at the current juncture, naming a specific month Read more…
The US Dollar started a steady increase from the 1.2650 support zone against the Canadian Dollar. The USD/CAD pair gained pace for a move above the 1.2700 level. The pair even cleared the 1.2740 level Read more…
Although the dollar index fell to the lowest level in two years, it has room to recover. JPMorgan believes that the US dollar can continue its upward journey even after the Federal Reserve starts raising Read more…
Image: evleaks (Twitter) The Galaxy S22 has leaked extensively, but there’s only so much you can tell from renders. For example, it turns out that Samsung has created a “new material” to use in the Read more…
Image: evleaks (Twitter) The Galaxy S22 has leaked extensively, but there’s only so much you can tell from renders. For example, it turns out that Samsung has created a “new material” to use in the Read more…