EUR/USD Current Price: 1.0601 The EUR benefited from S&P Global reports suggesting inflation in the Euro Zone is receding. A sharp decline in government bond yields weighed on the US Dollar. EUR/USD trimmed half of its Tuesday gains, but … [Continue reading]
Hong Kong SAR Retail Sales came in at -4.2% below forecasts (2%) in November
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]
EUR/USD: Recovery appears capped by 21DMA at 1.0605 ahead of Fed Minutes
EUR/USD is rebounding toward 1.0600 amid a broad US Dollar retreat. Hawkish ECB-speak power the Euro amid weak US Treasury yields. EUR/USD is not out of the woods yet amid a symmetrical triangle breakdown. EUR/USD is attempting a minor … [Continue reading]
Japan Foreign Bond Investment rose from previous ¥-941.8B to ¥-459.5B in December 23
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]
Australia S&P Global Manufacturing PMI came in at 50.2 below forecasts (50.4) in December
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]
United States S&P Global Manufacturing PMI in line with forecasts (46.2) in December
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/CAD recovers above 1.3600 on renewed US Dollar strength
USD/CAD gained traction in the early European session on Tuesday. US Dollar Index posts strong daily gains near 104.50. WTI continues to fluctuate in tight range slightly above $80. USD/CAD gathered bullish momentum and advanced beyond 1.3600 in the … [Continue reading]
Focus on German and Eurozone inflation this week – TDS
Analysts at TD Securities (TDS) provide a snippet on what they expect from the upcoming German and Eurozone inflation data. Key quotes “While headline inflation in Germany and the euro area likely fell due to a decline in petrol prices and lower … [Continue reading]
GBP/USD Price Analysis: Inside the woods ahead of FOMC minutes
GBP/USD is oscillating in a 1.2000-1.2126 range for the past 10 trading sessions. The 200-EMA around 1.2027 is acting as a major cushion for the Cable. A 40.00-60.00 range oscillation by the RSI (14) indicates an absence of a potential trigger. The … [Continue reading]
Gemini founder Winklevoss sets January 8 deadline for DCG CEO Barry Silbert to return customer funds
Gemini Earn users continue to demand their money back, which has been denied to them since Genesis’ withdrawal halt in November 2022. In Q4 2022, Genesis claimed that it was doing its best to avoid filing for bankruptcy. Digital Currency Group … [Continue reading]