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Note: PPI Positive Today! Forex Strategy is Bearish: We are currently @ 159.99 after a double top. If we get the breakdown here, we are looking for a continuation to the ATR target @ 158.87 area and...
The EUR/USD pair declined to 1.0504 on Thursday, influenced by investor reactions to the latest US inflation data. The November US Consumer Price Index (CPI) showed a rise of 0.3% month-over-month,...
EUR/USD retains neutral phase in short term. MACD and RSI extend bearish momentum. EUR/USD has been strongly bearish since it peaked at 1.1215. EUR/USD slides significantly after the failed...
Gold Grows on Geopolitical Conflicts and Possible US Rate Cut Gold (XAU/USD) gained 1.26%, finishing yesterday's trading session slightly below the crucial $2,700 level, supported by expectations of...
The US dollar has come back bid this week. Any upside surprise to today’s US November core CPI number would trigger another leg higher in the dollar – as would only a 25bp rate cut from the Bank of...
The EUR/USD failed to hold ono its earlier gains on Monday, turning lower into the close. It has fallen further so far in today’s session with the European Central Bank's rate decision and key US...
The EUR/USD is slightly higher on Tuesday. In the European session, EUR/USD is trading at 1.0528, down 0.23% at the time of writing. German Inflation Climbs to 2.2% Germany, the largest economy in...
EUR/USD traders eye critical resistance at 1.06, with central bank decisions looming. A deeper ECB rate cut could trigger a sharp decline, testing this year's lows near 1.0350. Watch for surprises...
We should see little action before a busier second half of the week in the US and eurozone. If anything, the dollar should see some support ahead of tomorrow’s inflation numbers. Inflation numbers in...
Gold Hits a Two-week High Gold (XAU/USD) price rose by 0.98% on Monday, as Peoples Bank of China (PBOC) reported that it restarted to buy the bullion in November. "The market is getting hopeful that...
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