The market reaction was brutal, stocks are a sea of red in Europe and in the US. The Dow Jones is down nearly 1%, however, the biggest casualty in the US is the Nasdaq, which is lower by 1.61% as ...
GBP/USD extends its weekly slide and trades at its weakest level since November 2023 below 1.2250. The data from the US ...
The USD/JPY remains subdued after hitting a six-month high of 158.88 following the release of a stellar US Nonfarm Payrolls ...
US inflation has been slightly more benign over the past few months, rebounding modestly from lows of 2.4% in September, to ...
The FOMC made clear at its December meeting that it would take additional progress on moving inflation back to 2% before ...
“The Bank of Canada (BoC) already flagged in December that with interest rates no longer clearly at 'restrictive' levels, and ...
GBP/USD extends its weekly slide and trades at its weakest level since November 2023 below 1.2250. The data from the US showed that Nonfarm Payrolls rose by 256,000 in December, fuelling a US Dollar ...
Now, let’s take a look what Elliott Wave Flat Pattern looks like in the real market ...
The Pound Sterling (USD) is down marginally on the session but, like many of its G10 counterparts, the pound has settled into a tight trading range into the end of the week, Scotiabank’s Chief FX ...
The Euro (EUR) has settled into a tight trading range around the 1.03 point through the latter part of this week, Scotiabank’s Chief FX Strategist Shaun Osborne notes. “Markets are reluctant perhaps ...
Slight increase in upward momentum is likely to lead to US Dollar (USD) trading in a higher range of 7.3450/7.3650. In the ...
Economists expect the Nonfarm Payrolls report to show that the US economy added 160,000 jobs in December after witnessing a ...