Stock futures edge lower as growth worries snuff out Friday rally; Week Ahead: consumer strength in focus ahead of retail sales data, big store earnings; Tesla slips amid report of more delays at Shanghai factory; Read more…
Eurozone exports of goods rose 14.0% yoy to EUR 250.1B in March. Imports rose 35.4% yoy to EUR 266.5B. Trade deficit came in at EUR 16.4B. Intra-Eurozone trade rose 21.2% yoy to EUR 236.8B. In Read more…
The US dollar moved sideways on Monday ahead of a busy week in the market. The index has been in a spectacular rally as risks in the market rise and as hopes of additional rate Read more…
Gold price started a fresh decline from the $1,850 pivot level against the US Dollar. The price broke the $1,820 support zone to move into a bearish zone. There was also a break below the Read more…
ECB Governing Council member Francois Villeroy de Galhau said in a Bank of France conference, “let me stress this: we will carefully monitor developments in the effective exchange rate, as a significant driver of imported Read more…
BoJ Governor Haruhiko Kuroda told the parliament today that “excess (exchange rate) volatility in a short term as seen recently is undesirable.” He pledged to keep a close watch of the impact of the currency Read more…
The Dax 40 bounces higher amid bargain hunting after earlier sell-off. The index found support at the base of the mid-March rally at 13300. A bullish RSI divergence revealed a deceleration in the latest sell-off Read more…
The Norwegian krone recoups losses as oil prices bounce back. The US dollar has been grinding up a rising trend line after a bullish breakout in early May. Sentiment remains extremely bullish and the pair Read more…
The US dollar consolidates its gains as traders ponder whether inflation has peaked. A close above the parity, last seen in November 2019 indicates strong bullish sentiment. Trend followers have been eager to buy at Read more…
EUR/USD The sell-off slowed down and the decline was limited to the support zone at around 1.0360. The market seems to be oversold and the downward momentum looks to be coming to an end. The Read more…