Share: USD/TRY picks up bids to refresh two-week high, consolidating late August slump. US Dollar Index (DXY) retreats from multi-day high amid market’s preparations for this...
Share: Global rating agency Moody’s cuts its economic growth forecasts for China, as well as revise up the US Gross Domestic Product (GDP) predictions in its...
Share: GBP/USD edges higher after posting the first weekly gain in five. UK’s opposition Labour Party forecasts the lowest growth among G7 countries. Bullish triangle formation,...
Share: US growth optimism is driving the Dollar higher. Therefore, Kit Juckes, Chief Global FX Strategist at Société Générale, expects EUR/USD and GBP/USD to remain vulnerable. ...
Share: China’s Commerce Ministry announced in a statement on Tuesday, a series of measures that will help boost the consumption of household consumer goods and services....
Share: USD/CAD drifts lower for the second straight day and is pressured by a combination of actors. An uptick in Oil prices underpins the Loonie and...
Share: What you need to know on Wednesday, June 21: The US Dollar kept grinding higher on Tuesday as the market mood soured on fears that...
Share: USD/CNH rises for the fifth consecutive day to prod late November 2022 high. Multiple Chinese banks cut rates to fuel speculations of PBoC rate reduction....
Share: AUD/USD fades corrective bounce after snapping four-day uptrend, reversing from the highest level in a month. RBA’s Lowe defends hawkish surprise by citing inflation woes,...
Share: “The Australian economy may have already gone into a weak period of growth,” says Australian Treasury Secretary Steven Kennedy as he appears in parliament before...
Share: USD/IDR bounces off intraday lows during three-day downtrend. Indonesia Retail Sales grew 0.7% in December versus 1.3% prior. Cautious optimism in Asia, US Dollar retreat...
Share: Early Wednesday morning in Europe, the global rating agency Fitch came out with upbeat Gross Domestic Product (GDP) growth forecasts for China by saying, “Fitch...
Share: according to the Federal Reserve Bank of Atlanta’s GDPNow model, the US economy is expected to grow at an annualized rate of 2.1% in the...
Economic sentiment in Germany and the Eurozone unexpectedly turned positive in January. EUR/USD remains unimpressed by the upbeat ZEW surveys, keeping its range around 1.0815. The...
“The world’s second-largest economy is expected to quickly rebound because of the country’s optimized Covid-19 response and after its economic policies continue to take effect,” Bloomberg...
What you need to take care of on Friday, December 30: The US Dollar fell on Thursday, with the decline exacerbated by thin market conditions. Sentiment...
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...
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...
What you need to take care of on Friday, December 16: The US Dollar soared to fresh weekly highs against most major rivals, ending the day...
Costco and Amazon both have a moderate Buy rating. Both are down on the year but in different ways. Costco has a strong growth trend. Amazon...