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Recent market shifts influenced by the Fed's decision and employment data have led to a decline in US Treasury yields and the US dollar. Despite the weakening economic data and geopolitical tensions,...
EUR/USD to be tested by bear market resistance Original Post
November and December are normally soft months for the dollar. This year, however, the tailwind from strong US growth and hawkish Fed policy should keep the dollar bid through to year-endFed-Driven...
US nonfarm payrolls expected to ease to 170,000 The euro is showing limited movement on Friday after posting strong gains a day earlier. In the European session, EUR/USD is trading at 1.0633, up...
Traders are expecting the October NFP report to show 179K net new jobs and average hourly earnings rising 0.3% m/m. The immediate market impact of this week’s jobs report may be smaller than...
Recent market focus has shifted from geopolitical issues to economic data The US dollar declined slightly following Fed's decision to leave interest rates unchanged Meanwhile, the EUR/USD has...
The British pound is relatively strong to start BOE week. With no change to interest rates expected, traders will key in on the BOE’s vote split and economic forecasts. GBP/USD is consolidating...
German inflation is cooling more than expected. According to preliminary estimates for October, price growth slowed to 3.8% y/y - the lowest in more than two years - and well below the expected...
The EUR/USD pair is currently trading without significant momentum, hovering around the 1.0560 level. This week promises a flurry of critical data that could potentially sway the currency...
On Friday, the Nigerian naira (NGN) was the best-performing currency among the 20 global currencies we track, while the Russian rouble (RUB) showed the weakest results. The Japanese yen (JPY) was the...
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