Share: The US Dollar Index rose to two-week highs despite mixed US data. The EUR/USD fell for the fifth consecutive day, to test the 100-day SMA. Bearish bias will remain in place while under 1.0915. The EUR/USD dropped again and extended … [Continue reading]
Breaking: US JOLTS Job Openings fall to 8.7 million in October vs. 9.3 million forecast
Share: The number of job openings on the last business day of October stood at 8.7 million, the US Bureau of Labor Statistics (BLS) reported in the Job Openings and Labor Turnover Survey (JOLTS) on Tuesday. This reading followed 9.35 million … [Continue reading]
US JOLTS Preview: Job openings expected to decline slightly, remain above nine million in October
Share: The US JOLTS data will be watched closely by investors ahead of the November jobs report. Job openings are forecast to edge lower to 9.3 million on the last business day of October. US labor market conditions remain out of balance as … [Continue reading]
Can Ethereum price rise despite millions of ETH flooding into exchanges?
Share: Ethereum worth $16.7 million was sent to crypto exchange FalconX, which could be positioned to sell. Individual investors are also seen depositing ETH to centralized platforms, likely to book profits. Ether currently trades at … [Continue reading]
PEPE price along with gaming crypto tokens rally as GTA 6 trailer leak leads to early release
Share: PEPE price rose by over 4% in the past hour, adding to the 15% increase in the last 24 hours. Gaming tokens such as Axie Infinity, Gala, and The Sandbox have rallied by more than 2% since the trailer's release. Rockstar unveiled the highly … [Continue reading]
US dollar revives at the start of the week, ahead of labor market data
Share: The DXY index surged, trading with gains above the 200-day SMA at 103.70. Growing tensions between Israel and Hamas made investors seek refuge in the USD. Key US economic reports due this week: ISM Services PMI, ADP Employment Change, … [Continue reading]
Mexican Peso plunges against US Dollar as USD/MXN rallies above the 100-day SMA
Share: Mexican Peso trips down against the US Dollar as USD/MXN posts solid gains. Mexico’s economic docket revealed that Gross Fixed Investment printed a monthly decline in September. Money market futures expect the US Federal Reserve to slash … [Continue reading]
Natural Gas price steady as Gaza tensions soar
Share: Natural Gas prices could return to $3 as cold season kicks in for Europe. Natural Gas prices have fallen throughout November. The US Dollar starts to turn after three weeks of continued weakness. Natural Gas (XNG/USD) … [Continue reading]
Spain Unemployment Change: -24.6K (November) vs previous 36.936K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
USD/INR loses ground, eyes on Indian Services PMI, RBI rate decision
Share: Indian Rupee gains ground on the softer USD, upbeat Indian growth number. The Reserve Bank of India (RBI) is likely to maintain the status quo on the rate in its policy meeting this week. Market players will monitor the S&P Global India … [Continue reading]