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- Japan’s Inflation Accelerates in March, Increasing Pressure on the BOJ
- Crude Oil – Solid Weekly Rally Signals Rebound, but Weak Demand Outlook Weighs on Sentiment
- Dollar Index – Tight consolidation expected before fresh drop, with 100 level acting as key barrier
- China’s GDP expanded more than expected in the first quarter, offering a stronger-than-anticipated start to the year, even as markets brace for the economic impact of newly imposed U.S. tariffs
- Gold surges to a fresh all-time high, breaking above $3300
- AUDUSD extends its rally for a fifth consecutive session, approaching key resistance levels
- German investor sentiment dropped in April at its sharpest rate since early 2022, according to the latest ZEW survey
- GBP/USD – Bulls retest the 1.3200 level while monitoring UK data for additional cues
- Dollar Index — Modest Rebounds Likely Before Renewed Downside Move
- The safe-haven Swiss franc hits its highest levels in a decade against the US dollar as the trade war escalates
The ECB cuts interest rates by 0.25%, meeting expectations, but offers no guidance on future actions
The European Central Bank (ECB) reduced interest rates by 25 basis points to 3.50%, in a widely anticipated move. This marks the second rate cut since June, signaling the ECB’s entry into an easing cycle. However, the central bank offered…
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EURUSD Remains Steady Ahead of ECB Decision
EURUSD remained steady early Thursday as traders held back in anticipation of the European Central Bank's key policy decision later in the day.
The central bank is widely expected to lower rates by 25 basis points to 3.5%, following…
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Cable breaks through key 1.30 support level following US inflation data
Cable dropped sharply after Wednesday’s US inflation data, reaching its lowest point in three weeks and breaching the key psychological support level at 1.30.
While the inflation data broadly met expectations, core CPI data indicated…
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US CPI remained steady in August, though underlying inflation pressures persist
U.S. consumer prices rose by 0.2% month-over-month in August, matching July’s figure and aligning with expectations. On an annual basis, the CPI increased by 2.5%, the smallest rise since February 2021, down from the 2.9% recorded in July.…
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USDJPY: Key Support Levels Facing Pressure
USDJPY dropped to its lowest level in 8½ months on Wednesday, reaching 140.70, after testing critical support at 141.68 (low from August 5).
The subsequent rebound, driven by oversold conditions on the daily chart, was supported by…
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Gold prices approach a record high as markets await US inflation data
Gold prices rose for the third consecutive day on Wednesday morning, approaching a new all-time high.
Investors are awaiting the release of the US August CPI report to gain clarity before next week's Federal Reserve policy meeting.
If…
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China’s exports in August exceeded expectations, but weaker imports dampened overall…
China's trade data for August paints a mixed picture, with strong export growth sharply contrasted by disappointing import performance. Exports surged 8.7% year-on-year, the fastest in nearly 18 months, as manufacturers likely ramped up…
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EURUSD encounters strong resistance once again at key Fibonacci support
EURUSD is pressing against the key support level at 1.1040 (38.2% Fibonacci retracement of the 1.0781/1.1200 bullish move), after multiple recent attempts to break below this level.
Tuesday’s trading remains confined to a narrow range…
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The dollar regained momentum following mixed US labor data, as attention shifts to the upcoming CPI…
The dollar index climbed on Monday as market sentiment shifted in favor of a less aggressive 25 basis point Fed rate cut, following mixed US labor data that indicated a controlled slowdown in the labor market.
While the dollar gained…
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WTI Oil – Bears Take a Breather Following Last Week’s 7.3% Decline
Oil prices ticked up slightly on Monday, holding within a narrow consolidation range after Friday's 1.8% drop, triggered by disappointing US jobs data. The modest rise in early Monday trading was attributed to partial profit-taking and…
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