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Pronounced weakness in manufacturing activities in Germany may spread to the broader Eurozone. ECB may be forced to remove its “restrictive monetary policy” forward guidance next Thursday and evolve...
The week culminates in today’s November NFP jobs report. Given expectations of a bounce back after last month’s weather and strike-hit figure of +12k, the market now probably sees less than 200k as a...
Gold's Growth Pauses Ahead of the NFP Report Gold (XAU/USD) declined by 0.67% on Thursday as traders repositioned ahead of the US nonfarm payroll (NFP) report. Yesterday's US Weekly Jobless Claims...
The EUR/USD has been drifting most of this week and remains steady on Thursday. In the European session, EUR/USD is trading at 1.0533, up 0.22% at the time of writing. France in Political Chaos as...
Gold Grows on Weak US Labour Market Data Gold (XAU/USD) gained 0.24% on Wednesday after a report showed private sector hiring fell more than expected last month. The ADP Employment Change report...
EUR/USD hovers near 1.0500 as traders await the outcome of the French no-confidence vote. ECB policymakers suggest a 25 bps rate cut is likely in December. Technical analysis indicates key support...
The EUR/USD is almost unchanged on Wednesday. In the European session, EUR/USD is trading at 1.0506, up 0.02% at the time of writing. Eurozone Services PMI Falls Into Contraction in November The...
The DAX is a stock market index consisting of the 40 major German blue-chip companies trading on the Frankfurt Stock Exchange. Here are the top five weighted sectors: Sector...
A no-confidence vote to remove French PM Barnier pushed out by the far-right National Rally party may topple the French government this week. A current political fiasco in France has triggered an...
EUR/USD and AUD/USD are heading into their strongest month, hinting at rally potential. Meanwhile, December is the most bearish month of the year for USD/JPY, and it’s carrying bearish short-term...
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