The Australian Dollar is holding onto its gains as investors eagerly await the release of the US Non-Farm Payrolls report. This key economic indicator has the potential to move markets significantly, so traders will be watching closely for any surprises...
EUR/GBP continues to weaken below the key level of 0.8500 as a result of weaker German Industrial Production data and the recent victory of the Labour Party in the UK election. This has put pressure on the euro against the pound, with further downside potential in the near term...
The Pound Sterling saw a boost in value as exit polls predicted a landslide victory for the Labour Party in the UK general election. This news caused GBP/JPY to move away from its multi-year top and slide to the 205.00 neighborhood amid intervention fears...
The recent economic data releases have painted a mixed picture for the markets. Initial Jobless Claims in the US rose more than expected, signaling potential weakness in the labor market...
The Australian Dollar continues to strengthen as solid economic data supports its gains. With Retail Sales rising more than expected in May, the currency is showing resilience in the face of global uncertainties...
EUR/USD continues to be caught in chart churn as traders await Wednesday's HCOB PMIs and US ADP jobs figure. The currency pair is facing a lack of clear direction as it navigates through key economic data releases. Meanwhile, the Judo Bank Australian Services PMI has ticked higher to 51...
Gold may have taken a hit as Powell delivered dovish remarks, but the Mexican Peso was quick to capitalize on the weakening US Dollar. The GBP/JPY pair continues its upward momentum towards 205.00, fueled by extended declines in the Yen...
The Australian Dollar showed resilience today, bouncing back after the release of RBA minutes and dovish comments from Powell. This recovery indicates potential strength in the AUD moving forward...
The US Dollar is facing struggles following Jerome Powell's comments on disinflation, despite positive JOLTs data. This uncertainty in the market is causing traders to turn towards safe-haven assets, with many adding back to their XAU/USD positions according to TDS...
The recent speeches by Fed Chairman Powell and ECB President Lagarde have shed some light on the current state of disinflation and progress towards reaching the 2% inflation target...
The ECB Forum in Sintra is set to be a pivotal event for traders this week, with both Fed Chair Powell and ECB President Lagarde taking center stage. The US Dollar has turned flat ahead of the US JOLTS numbers, but is showing signs of revival as the EUR/USD slumps to 1.0700...
Pound Sterling continues to struggle as investors remain cautious ahead of Fed Powell's speech, causing it to remain on the backfoot. Meanwhile, Gold remains rangebound despite its long-term prospects looking bullish, indicating a potential breakout in the near future...
China's upcoming third plenum focusing on economic reforms is a key event to watch for potential market impact. The Pound Sterling has weakened amid caution ahead of Fed Powell's speech, indicating potential volatility in the currency markets...
Eurozone inflation data came in as expected, with the Eurozone Preliminary HICP inflation falling to 2.5% YoY in June. This news has led to some volatility in the EUR/USD pair, with UOB Group forecasting a potential fall to 1.0680 if the pair breaks below 1.0710...
The recent comments from Fed's Goolsbee regarding improved monthly inflation readings potentially leading the path to 2% have sparked some optimism in the market. However, the Japanese Yen continues to hover near 38-year fresh lows, indicating a strong bearish sentiment towards the currency...
EUR/GBP continues to show strength as it holds above the key level of 0.8450, with traders eagerly awaiting the Eurozone inflation data for further direction. A positive outcome in the data could potentially push the pair even higher, while any disappointing numbers could lead to a pullback...
Political turmoil in France has led to London once again becoming Europe's largest stock market, overtaking Paris...
The United States imposed sanctions against Mosbirzhi, NCC and NSD. Starting from June 13, the dollar and the euro will stop trading on the stock exchange – transactions will take place on the over-the-counter market...
Analysts note the gradually growing contrast between India and Indonesia on the one hand and China on the other. The first two developing countries have a clear advantage over China due to the rapid population growth, especially among young people...
