Share: GBP/USD consolidates its recent losses to the weekly low amid a bullish US Dollar. Reviving bets for one more Fed rate hike and a softer...
Share: The United Kingdom’s Gross Domestic Product is foreseen posting a modest contraction in Q3. The Bank of England downgraded its forecast for economic growth in...
Share: In its latest report published on Tuesday, the International Monetary Fund (IMF) upgraded its gross domestic product (GDP) growth forecasts for China to 5.4% in...
Share: The Euro is seeing limited recovery against the Pound Sterling after a half percent backslide last Friday. The EUR/GBP tested into a 14-day low on...
Share: GBP/USD is on the cusp of return above the 200-Day Moving Average (DMA) of 1.2435. Economists at Société Générale analyze the pair’s outlook. Consolidation and...
Share: USD/CAD continues to draw support from bearish Oil prices and a modest USD strength. Tuesday’s disappointing Canadian GDP also undermines the Loonie and acts as...
Share: EUR/JPY registers a fresh 15-year at 161.00 as Eurozone GDP contracts and inflation softened in October. The Eurozone economy contracted by 0.1% in Q3 against...
Share: Euro can still be moved by data. Economists at ING analyze EUR outlook ahead of Eurozone GDP and inflation reports. GDP data could take its...
Share: The Canadian Dollar is sinking into the lowest bids of the year as the Greenback rises. No economic calendar data for Canada until next Tuesday’s...
Share: Meta Platforms stock sells off one day after beating consensus on Q3 earnings. NASDAQ Composite declines more than 1% on continued equity market jitters. Preliminary...
Share: The USD/CHF is toying with 0.9000 as the Greenback gets bid into a third straight day of gains. Little of note for the Franc on the...
Share: United States’ Gross Domestic Product is forecast to grow at an annual rate of 4.2% in Q3. The US Dollar is in a bearish corrective...
Share: Positive data surprises do not seem to have much of an effect on the Dollar, economists at Commerzbank report. The expectations of a soft landing...
Share: Gold price attracts some buyers for the second straight day amid geopolitical concerns. Bulls seem rather unaffected by rising US Treasury bond yields and a...
Share: Stocks sink on Tuesday as Alphabet sells off 9% on slowing cloud growth. Preliminary US GDP growth for Q3 will be released on Thursday. Dow...
Share: US data this week should offer nothing to Dollar bears, economists at ING report. Positioning is probably the biggest headwind to the Dollar US GDP...
Share: USD/JPY juggles around 150.00 while Japan’s intervention fears remain intact. US annualized GDP data is seen higher at 4.1% despite higher interest rates by the...
Share: The US Dollar remains broadly stable in the foreign exchange market at the start of the week. Economists at MUFG Bank analyze Greenback’s outlook. US...
Share: Following the release of the high-impact economic data from China for September, the National Bureau of Statistics (NBS) expressed its outlook on the economy. Key quotes (via Reuters) Positive momentum...
Share: EUR/GBP turns choppy after a recovery to near 0.8650 as risks of UK slowdown deepen. UK firms have postponed their plans of increasing their capacity...