EUR/USD now loses some traction and slips back to the area of daily lows around 1.1630 on the back of a mild bounce in the US Dollar. Fresh US data, including the September PCE inflation numbers and the latest read on December consumer sentiment, … [Continue reading]
United States CFTC Oil NC Net Positions climbed from previous 39.8K to 656K
EUR/USD now loses some traction and slips back to the area of daily lows around 1.1630 on the back of a mild bounce in the US Dollar. Fresh US data, including the September PCE inflation numbers and the latest read on December consumer sentiment, … [Continue reading]
Eurozone CFTC EUR NC Net Positions: €1073K vs €111.8K
GBP/USD is struggling to keep its daily advance, coming under fresh pressure and retreating to the 1.3320 zone following a mild bullish attempt in the Greenback. Even though US consumer sentiment surprised to the upside, the US Dollar isn’t getting … [Continue reading]
Forecasting the upcoming week: It’s all about the Federal Reserve
The US Dollar (USD) remained on the back foot this week, continuing the broad downward trend that has been in place since late November. As usual in the last few days, expectations for a more dovish Federal Reserve in 2026 as well as steady bets for … [Continue reading]
Italy’s Gold reserves become the focus of politics – Commerzbank
Italy is considering declaring its central bank’s 2,452 tons of Gold as the property of the people, a move opposed by the ECB over fears it could threaten bank independence. While the Italian central bank is unlikely to be forced to sell, central … [Continue reading]
Austria Trade Balance: €-230.8M (September) vs €-1895.6M
Pi Network edges lower on Friday for the third consecutive day, approaching a local support trendline. The on-chain data suggests an increase in supply pressure as Centralized Exchanges experience a surge in inflows. Technically, the pullback in PI … [Continue reading]
Top Crypto Gainers: Zcash rallies as MYX Finance, Dash test critical EMA levels
Zcash (ZEC), MYX Finance (MYX), and Dash (DASH) are the top-performing assets in the top 100 cryptocurrency list over the last 24 hours. The privacy coin leads the rally while MYX and DASH struggle to clear their 100-day Exponential Moving Averages … [Continue reading]
Euro dips as US jobs data boosts the Dollar despite Fed-cut buzz
Euro retreats somewhat on Thursday as traders digest the last round of US jobs data as they also brace for the release of the Federal Reserve’s preferred inflation gauge, the Core Personal Consumption Expenditures (PCE) Price Index. At the time of … [Continue reading]
EUR/USD softens after eight-day rally ahead of key US PCE, Eurozone data
The Euro (EUR) trades slightly lower against the US Dollar (USD) on Thursday, weighed down by a modest uptick in the Greenback. At the time of writing, the pair is hovering near 1.1659, snapping an eight-day winning streak after briefly climbing to … [Continue reading]
CAD shrugs off renewed USMCA withdrawal threat – Scotiabank
The Canadian Dollar (CAD) shows only mild weakness after fresh headlines on a possible USMCA withdrawal, but persistent long-term trade uncertainty continues to cap gains. Despite supportive risk sentiment and narrower spreads, USD/CAD remains stuck … [Continue reading]