Welcome to another edition of Forex Friday, a weekly report in which we discuss selected currency themes mainly from a macro viewpoint, but we also throw in a pinch of technical analysis here and there. Read more…
Welcome to another edition of Forex Friday, a weekly report in which we discuss selected currency themes mainly from a macro viewpoint, but we also throw in a pinch of technical analysis here and there. Read more…
The S&P500 and Nasdaq100 indices staged a solid intraday rebound yesterday, digesting the initial drop and closing the day higher. Along with the rebound in equities, a reversal to the downside is forming in the Read more…
Market participants are in for a wild ride, as the coming week is loaded with promising events. The ball will get rolling with central bank meetings in Australia and Canada. Those will serve as appetizers Read more…
US futures Dow futures +0.17% at 33066 S&P futures +0.3% at 3990 Nasdaq futures +0.2% at 12070 In Europe FTSE -0.17% at 7930 Dax 1% at 15470 ISM services & Fed speakers in focus US Read more…
Daily Pivots: (S1) 1.0558; (P) 1.0616; (R1) 1.0654; More… EUR/USD is staying in range of 1.0532/0690 and intraday bias stays neutral. Fall from 1.1032 could still extend lower. But strong support is expected from 38.2% Read more…
Fresh bullish acceleration in European session on Friday hit two-week high, as gold price benefits from weaker dollar. Calmer tones from the US policymakers about rate hikes in the coming months, weakened dollar’s bullish stance Read more…
Fresh bullish acceleration in European session on Friday hit two-week high, as gold price benefits from weaker dollar. Calmer tones from the US policymakers about rate hikes in the coming months, weakened dollar’s bullish stance Read more…
UK PMI Services was finalized at 53.5 in February, up from January’s 48.6. PMI Composite was finalized at 53.1, up from prior month’s 48.5. Both were their strongest readings since June 2022. Tim Moore, Economics Read more…
Eurozone PMI Services was finalized at 52.7 in February, up from January’s 50.8. PMI Composite was finalized at 52.0, up from prior month’s 50.3. Both were at their 8-month highs. Looking at some member state, Read more…