Oil price is displaying a sideways auction after a perpendicular fall. Solid US payroll data is acting as a twin-edged sword for the oil price. Upside...
After recent releases from the US Census Bureau, the US Bureau of Economic Analysis, and the National Association of Realtors, the nowcasts of fourth-quarter real personal...
US PCE inflation eased as anticipated in November, Durable Goods orders disappointed. GBP/USD is struggling to retain the 1.2000 mark as US Dollar demand increases. US...
The Canadian economy expanded by 0.1% in October as expected. USD/CAD continues to trade in negative territory near 1.3600. Real Gross Domestic Product of Canada grew...
USD/CAD meets with a fresh supply on Friday and is pressured by a combination of factors. A break below the 1.3600-1.3590 confluence support will pave the...
GBP/USD Forecast: Pound Sterling holds above key support despite weak UK data GBP/USD has managed to stage a rebound early Thursday before going into a consolidation...
US Q3 GDP Overview Thursday’s US economic docket highlights the release of the Final GDP print for the third quarter, scheduled at 13:30 GMT. The third...
EUR/GBP gains traction for the second straight day and hits its highest level since mid-November. A downward revision of the UK GDP print undermines the GBP...
USD/INR reverses from one-week high, snaps two-day uptrend. RBI Minutes defy hopes of pause in rate hikes amid inflation woes. Mixed US data, BOJ’s second unscheduled...
EUR/USD is bouncing from near 1.0600 amid a fresh spurt of US Dollar selling. Investors cheer a ‘Santa rally’ while EUR/USD also cheers falling Treasury yields....
US Dollar Index remains sidelined after snapping two-day downtrend. Firmer US data, challenges to sentiment underpin DXY rebound. Pullback in Treasury bond yields, holiday mood restrict...
EUR/USD dribbles inside a tight trading range around 1.0600, picking up bids of late. Mixed comments from ECB officials, firmer US data teased bears the previous...
according to the Federal Reserve Bank of Atlanta’s GDPNow model, the US economy is expected to grow at an annualized rate of 2.7% in the fourth...
GBP/JPY has reversed after dropping marginally below 168.50, following the footprints of the GBP/USD major. Higher UK average earnings could be a double-edged sword for the...
USD/JPY has witnessed demand near 136.60 as Japan’s GDP contraction weighs on the Japanese yen. Investors have preferred to cheer Fed’s rate hike slowdown over recession...
AUD/JPY is looking to shift its trading profile above 92.50 amid positive market cues. The sustainability of contraction in the Japanese economy has refreshed fears of...
AUD/USD touches a fresh weekly low amid some follow-through buying around the USD. Expectations that the Fed may lift interest rates more than projected underpin the...
The Australian Bureau of Statistics (ABS) released Australia’s Gross Domestic Product (GDP) on a quarterly basis as follows: Q3 GDP +0.6% QoQ vs. the expected +0.7%...
AUD/USD has been accelerated above 0.6850 amid a cheerful market mood. A third consecutive 75 bps rate hike is expected from the RBA. Fed’s Evans sees...
The S&P 500 remains rangebound as we wait for Powell. ADP employment data shows Fed hikes finally stalling the jobs market. Limited gains likely though before...