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The Euro remained under pressure at the start of the week, trending lower and testing the 1.1500 support area (a round number level and the 50% retracement of the 1.1065–1.1918 rally) during early Monday trading. The current bearish leg,…
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USDJPY surged 1.2% in post-BoJ trading on Thursday, reaching its highest level since mid-February. The rally gained momentum after the Federal Reserve adopted a more hawkish tone than expected on Wednesday, and extended further following…
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EURGBP extended its advance to a new 2025 peak on Wednesday, holding at its strongest levels since May 2023. The rally, now in its sixth consecutive session, continues to draw momentum from renewed sterling weakness driven by shifting…
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Cable extended its sharp decline on Wednesday, hitting a three-month low as the strong bearish leg that began after rejection at the daily cloud continued for a second straight week. Fresh selling pressure pushed the pair below the key…
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WTI oil extended losses for the third consecutive session, accelerating its decline on Tuesday and shedding around 2% during Asian and early European trading hours. The earlier rally driven by U.S. sanctions on Russia’s two largest oil…
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A GfK survey released on Tuesday indicated that German consumer sentiment is expected to weaken further heading into November, pressured by a sharp decline in income expectations. The GfK consumer sentiment index dropped to -24.1 for…
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AUDUSD opened with an upside gap and climbed nearly 1% in early Monday trading, reaching its highest level in two weeks. Renewed risk appetite at the start of the week, driven by growing optimism over a potential US-China trade…
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US inflation rose 0.3% in September, slightly below the 0.4% forecast, following a 0.4% increase in August. On an annual basis, the Consumer Price Index (CPI) climbed 3.0%, compared with market expectations of a 3.1% rise and a 2.9% gain in…
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USDJPY extends its advance for the sixth consecutive session on Friday, with the fresh bullish leg that started from last week’s correction low at 149.37 breaking through the key psychological barrier at 153.00. The pair maintains a firm…
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WTI oil opened with an upside gap and advanced nearly 3% during Asian and early European trading on Thursday, driven by President Trump’s decision to impose sanctions on two major Russian oil suppliers. The move coincides with a new EU…
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