Share: The US Goods and Services Trade Balance came in at -$67.4 billion in December. US Dollar Index continues to push higher after the data. The...
Share: Last week’s strong US labor market report warranted further US Federal Reserve action. Money market futures have shown 50 bps of rate hikes priced in...
Share: EUR/USD stumbles to multi-week lows at around 1.0720s on a buoyant US Dollar. Last week’s EU’s retail sales disappointed, while factory activity in Germany improved...
Here is what you need to know on Monday, February 6: Markets have started the new week in a calm manner and the US Dollar manages...
The Pound Sterling opposes no resistance to upbeat economic data in the United States. US jobs data and services activity showed that the US economy remains...
GBP/USD nosedives and extended its losses past the 50 and 200-day Exponential Moving Average (EMA) on Friday after a surprisingly strong jobs report from the United...
The ISM Services PMI in January rose back into expansion territory. US Dollar Index clings to impressive daily gains above 102.50. The economic activity in the...
AUD/USD falls sharply by more than 100 pips on US economic data. The US Nonfarm Payrolls report nearly tripled the market’s expectations for job creation. The...
The US Bureau of Labor Statistics (BLS) will release the January jobs report on Friday, February 3 at 13:30 GMT and as we get closer to...
Allegro Microsystems posted real strength in the calendar Q4 results. The company has limited exposure to the consumer and it shows in results. Share prices are...
The Aussie could not hold to its gains above 0.7100, outweighed by a strong US Dollar. US data showed the tightness of the labor market underpinned...
The GBP/USD collapses after the Bank of England’s decision to raise the Bank Rate by 50 bps to the 4% threshold. Economic data revealed in the...
The rate hike by the US Federal Reserve tumbled the USD/CAD to new YTD lows. Falling oil prices and solid US labor market data underpinned the...
Gold plunges across the board, even though US Treasury yields are dropping. The US Dollar recovered some ground, bolstered by the Euro and Pound Sterling fall....
The Bank of England (BoE) will announce its interest rate decision on Thursday, February 2 at 12:00 GMT, publishing the Minutes of the meeting and the...
USD/JPY was rejected at the 20-day EMA and collapsed as the Federal Reserve increased rates by 25 bps. Federal Reserve officials stated that more increases would...
Gold price shifted negatively as time for the US Federal Reserve decision approaches. ADP Employment Change was lower than estimates; would it be a prelude for...
Inflation in the United States continues to fall, as the ECI showed, sparking talks about a Fed pivot. Canada’s economy stalled and grew at a 0.1%...
The AUD/USD falls below the 0.7100 psychological level amid a lack of fresh impetus. The US Federal Reserve’s monetary policy decision keeps traders at bay, dampening...
GBP/USD outlook: Extended narrowing range ahead of key events this week cables is trading within a narrow range around 1.24 handle in European session on Monday,...