The US ISM Services PMI dropped below 50 in December. The US Dollar continues to weaken against its major rivals. The economic activity in the US...
Job openings in the US declined marginally in November. US Dollar Index continues to rise towards 104.50. The data published by the US Bureau of Labor...
The US ISM Manufacturing PMI declined modestly in December. US Dollar Index recovers from daily lows, holds above 104.00. Business activity in the US manufacturing sector...
Last year global stocks had their worst year since 2008. World stock market capitalization fell nearly 20% which, in recent history, was only eclipsed by the...
Silver rallied sharply, more than 1.60%, as liquidity conditions improved. A strong US Dollar was no excuse for XAG/USD to print solid gains, bolstered by falling...
Inflation in Germany declined at a stronger pace than expected in December. EUR/USD continues to trade deep in negative territory below 1.0550. Inflation in Germany, as...
Here is what you need to know on Tuesday, January 3: With trading conditions finally normalizing following the New Year holiday, investors seem to have adopted...
China’s State Administration of Foreign Exchange (SAFE) Director Pan Gongsheng said on Tuesday, “China will use exchange rate policy tools to promote foreign trade, expand foreign...
NZD/USD retraces after hitting 0.6370, as investors’ sentiment remains upbeat. Weaker than expected, China’s PMIs would likely hurt the NZD/USD climbing prospects to the 0.6400 area....
Eurozone S&P Global Manufacturing PMIs were mixed and weighed on the EUR. European Central Bank Nagel said the ECB needs to take further action to tackle...
The US Dollar regains some composure and climbs against the Canadian Dollar. Canadian and US S&P Global Manufacturing PMIs for December would update the current state...
Here is what you need to know on Monday, January 2: Major currency pairs remained stuck near Friday’s closing levels on Monday amid thin trading conditions....
GBP/USD holds decent gains around 1.2070s but below the 200-day EMA. US Chicago Manufacturing PMI exceeded estimates but remains in contractionary territory. GBP/USD Price Analysis: Upward...
EUR/USD is still rangebound, failing to crack the 1.0700 ahead of the year’s end. The Chicago PMI for December exceeded expectations and the previous month’s reading....
Gold price holds onto gains above $1,800 amid thin liquidity conditions. The US labor market appears to ease as Initial Jobless Claims increase. Global central banks...
The Euro remains above the 1.0600 figure, eyeing a year-end close above the figure. US Initial Jobless Claims exceeded the previous week’s reading, showing the labor...
Analysts are rewarding stocks like Netflix when they provide good news. Nike stock is also ready to move higher on a wave of analysts’ support. Biogen...
AUD/USD clings to decent gains as the mood shifts sour. A jump in US Treasury bond yields underpins the US Dollar and weighs on the Australian...
USD/CAD rebounds from weekly lows around 1.3520s and closes to the 1.3600 mark. Overall, US Dollar strength and falling oil prices keep the USD/CAD rallying. USD/CAD...
Here is what you need to know on Wednesday, December 28: Action in financial markets remains choppy on Wednesday as trading conditions remain thin ahead of...