Trending
- WTI Oil – Sharp Pullback Followed by Swift Rebound Signals Healthy Correction Before Renewed Upside Move
- German Consumer Sentiment Seen Deteriorating Further in March – GfK
- AUDUSD Supported by Stronger-Than-Expected Inflation, Though Dovish RBA Governor Caps Upside Momentum
- Japanese Yen Slides Nearly 1% Amid Renewed Monetary Policy Uncertainty
- WTI Oil – Bulls Maintain Control Amid Escalating Supply Disruption Fears
- BTCUSD drops to a three-week low amid uncertainty surrounding U.S. tariff developments.
- Gold breaks above the upper boundary of its recent trading range, triggering a renewed bullish signal.
- U.S. economic growth decelerated sharply in the fourth quarter, falling significantly short of forecasts, while inflationary pressures continued to run high
- UK unemployment rises to highest level in years while pay growth slows, boosting rate-cut bets.
- USDJPY – downside momentum stalls after almost 3% loss this week
The dollar index remains buoyed by US consumer prices surpassing expectations.
The dollar index maintained its strong position on Thursday, building on a notable increase of over 1% from the previous day, marking the most significant single-day gain since February 3, 2023. This upward surge was propelled by US…
Read More...
Read More...
EURUSD bears are pausing before the ECB policy announcement.
The Euro remains firmly entrenched in negative territory, hovering near last week's low at 1.0725, after experiencing a significant decline on Wednesday, with the pair down by 1%.
The unexpected surge in US inflation during March tempered…
Read More...
Read More...
The USDJPY surged to a fresh multi-decade peak following robust US CPI figures, sparking speculation…
USDJPY is currently consolidating near a new multi-decade high, hovering above the 153 mark, propelled by a robust 1% surge following stronger-than-anticipated US inflation data.
A potential breakout beyond the narrow two-week range…
Read More...
Read More...
The Australian dollar maintains a bullish bias leading up to the release of the US inflation report
On Tuesday morning, AUDUSD remains confined within a narrow trading range, retaining a slight bullish inclination following Monday's 0.5% climb and a positive indication from the daily close above 0.6597 (the 100-day moving average and…
Read More...
Read More...
The EURUSD continues to trade within a prolonged sideways pattern, with early signs of bearish…
Short-term market activity continues to exhibit a sideways trend, oscillating within a range bounded by the closely positioned 55-day and 200-day moving averages at 1.0831 and the 100-day moving average at…
Read More...
Read More...
Industrial production in Germany exceeded expectations in February, experiencing a notable increase.
In February, industrial production in Germany surged by 2.1% compared to the prior month, surpassing the anticipated 0.6% growth forecast. This robust performance follows a revised upward increase of 1.3% in the…
Read More...
Read More...
Gold Surpasses $2300, Sets New Record High
Gold's Upward Trajectory Persists, Reaching a New Record High of $2354 in Monday's Early Trading Session, Following Last Week's 4% Gain, Marking a Bullish Signal with a Weekly Close Above the Psychological…
Read More...
Read More...
Crude Oil Poised for Second Consecutive Weekly Increase Amidst Shrinking Supply Prospects
Oil prices continued their upward trajectory on Friday, poised for a second consecutive weekly gain. This surge was underpinned by escalating geopolitical tensions in the Middle East, concerns surrounding a tightening supply, and optimistic…
Read More...
Read More...
USDJPY Trades in Extended Narrow Range Before Key US Labor Data
USD/JPY continues to hover within a two-week span, consolidating just below multi-year highs in the 151.90/152.00 range (peaking in October 2022, November 2023, and March 2024). The prolonged sideways movement,…
Read More...
Read More...
AUDUSD Breaks Through Key Resistance at 0.6600 Zone with Strong Recovery
For the third consecutive day, AUDUSD surges, buoyed by a softer US dollar and discouraging US services PMI figures (released Wednesday).
Bullish momentum breaks through crucial resistance at the 0.6600…
Read More...
Read More...