U.S. Dollar Roughly Flat After Seeing Overnight Strength
(RTTNews) – After a strong overnight rally, the US dollar showed a significant pullback during trading on Friday. The US…
A light one on the data docket in Europe today
The major currencies have remained relatively mixed and mixed this week, with only the Aussie showing any conviction in my…
Trade ideas thread – European session 27 January 2023
The focus today is on US PCE data before broader market sentiment may take a hit ahead of next week’s…
GBP/USD IS SUBDUED AROUND 1.2200 AFTER PRINTING A FOUR-WEEK HIGH
US consumer sentiment improved, while inflation expectations fell. UK Q GDP contracted and the economic outlook was bleak. GBP/USD traders…
US: CONSUMER CONFIDENCE RISES IN JANUARY BUY IT MAY NOT TRANSLATE INTO A SPENDING SURGE – WELLS FARGO
Data released Friday showed that consumer confidence rose significantly in January, according to a preliminary report from the University of…
The NZD is the strongest and the JPY is the weakest as the NA session begins
It’s heading into the year end but nevertheless the forex markets are in motion. The NZD and AUD are leading…
SILVER PRICE ANALYSIS: XAG/USD BOUNCED AT THE 20-DMA, RECLAIMS $23.00 ON RISK AVERSION
Silver price rebounds and remains on the rise despite the rise in the US dollar. In the near term, XAG/USD…
GBP/USD: Weekly Forecast 4th December – 10th December
Last week’s low GBP/USD flirted with the 1.19,000 level on Wednesday, but buying suddenly exploded when US Federal Reserve Chairman…
EUR/USD: Weekly Forecast 4th December – 10th December
EUR/USD entered the weekend at near-term highs, challenging levels not seen since June 2022. Optimistic bullish speculators who were looking…
WTI Crude Oil Forecast: Continues to Break Down
Remember that Thursday is Thanksgiving in the US, which makes for huge volume. , West Texas Intermediate crude traded lower…