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Eurozone sees marginal improvement in surveys US services cool in February EUR/USD breaks through descending channel The PMI surveys have certainly made it an eventful day in the markets, albeit one...
EURUSD has its best week of the yearDownside risks remain around 1.0880EZ flash business PMIs show a mixed picture EURUSD is in the seventh day of gains, marking its longest bull run in a while...
There could be trading opportunities in key currency pairs like the EUR/USD, USD/JPY, and GBP/USD in the coming weeks. EUR/USD has bounced off key support amid renewed buying interest as GBP/USD...
Gold Declines for the Second Consecutive Week as the Fed Seems HawkishThe gold (XAU) price increased by 0.45% on Friday. Still, it had a second straight weekly fall as higher-than-expected inflation...
Trade Ideas for Friday 15th February 2024 If you managed to buy some EUR/JPY at 160.90 (this was the low for the day so it would have been tough to get the position on I know), the pair immediately...
The S&P 500 rebounded past the 5000 yesterday. This time, a mixed set of manufacturing data and a drop in US retail sales – which fell the most in almost a year – were brought forward...
XAU/USD Drops Below 2,000 for the First Time in 2 MonthsThe US Dollar Index (DXY) rallied sharply and reached a 3-month high on Tuesday, while the gold price plunged. The price of gold fell below...
US CPI Key PointsUS CPI is expected to fall to 2.9% y/y, with the “Core” (ex-food and -energy) reading coming in at 3.8% y/y. The recent surge in the “Prices” component of the...
Ahead of the inflation data tomorrow, the US dollar is trading sideways and hovering near three-month highs. The greenback is currently approaching a key resistance level and could break higher if CPI...
Today sees one of the key event risks of the week – the annual US CPI benchmarks revisions. The Fed’s current position is that it is looking for confidence in the disinflation process....
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