US initial jobless claims rose 7k to 218k in the week ending November 25, above expectation of 215k. Four-week moving average of initial claims fell -500 to 220k. Continuing claims rose 86k to 1927k in the week ending November 18, highest since November 27, 2021. Four-week moving average of continuing claims rose 29k to 1866k, […]
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Daily Pivots: (S1) 0.6219; (P) 0.6247; (R1) 0.6278; More… Intraday bias in AUD/USD remains neutral for sideway trading above 0.6198. Consolidations should be relatively brief as long as 0.6336 support turned resistance holds. Break of Read more…
As markets wind down for the year-end holiday period, forex trading activity turns subdued, with limited momentum across major pairs. Dollar, while maintaining its position as the strongest currency of the month, is facing challenges Read more…
Natural gas prices climbed to a nearly two-year high, driven by immediate weather-related demand and a bullish long-term outlook for global energy consumption. In the short term, forecasts for below-average temperatures across the northern hemisphere—including Read more…