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News

United States Housing Price Index (MoM) came in at 0.1%, above forecasts (-0.7%) in September
United States Housing Price Index (MoM) came in at 0.1%, above forecasts (-0.7%) in September | 29/11/2022 14:00
Popular News
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USD/CHF Price Analysis: Rallies back above 0.9250 reclaim the 20-DMA as bull’s eye the 50-DMA
The USD/CHF is surging sharply during Friday’s North American session, as Wall Street is set to finish the last trading day of the week with losses. T | 03/02/2023 21:02
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USD/CAD Price Analysis: Gains traction and tests the 100-day EMA at around 1.3410
USD/CAD climbs in the North American session after hitting a daily low of 1.3311 before Wall Street opened. Nevertheless, a strong US jobs report bols | 03/02/2023 20:33
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GBP/USD collapses to new 4-week lows at 1.2059 after robust US economic data
GBP/USD nosedives and extended its losses past the 50 and 200-day Exponential Moving Average (EMA) on Friday after a surprisingly strong jobs report f | 03/02/2023 19:05
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United States Baker Hughes US Oil Rig Count fell from previous 609 to 599
United States Baker Hughes US Oil Rig Count fell from previous 609 to 599 | 03/02/2023 18:01
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US: Despite the rebound, the breadth of services expansion has still slowed – Wells Fargo
The ISM Service PMI released on Friday showed the index rose back above 50, into expansion territory. Analysts at Wells Fargo, point out that after ju | 03/02/2023 16:30
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EUR/GBP: Poor UK fundamentals to be a drag on the Pound – Rabobank
Strategists at Rabobank point out that the change in the Bank of England’s language favours the doves, they see scope for further rate rises. They con | 03/02/2023 16:18
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US: FOMC will be cautious in reading too much into the magnitude of January's NFP – Wells Fargo
The data published on Friday by the US Bureau of Labor Statistics (BLS) showed that Nonfarm Payrolls rose by 517K in January, well above market consen | 03/02/2023 16:07
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WTI climbs above $77.00 and forms a bullish engulfing candle as bulls eye the 20-DMA around $78.40
The US crude oil benchmark, known as Western Texas Intermediate (WTI)., jumped after the release of a solid job report in the United States (US), thou | 03/02/2023 16:01
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Gold Price Forecast: Upside risk to XAU/USD forecast of $1,850 at year’s end – Commerzbank
Gold price surged by $30 immediately after the Fed’s meeting on Wednesday evening and reached $1,960 the following day. Economists at Commerzbank see | 03/02/2023 15:51
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Silver Price Analysis: XAG/USD tumbles to eight-week lows, worst week since October
Metals extended the sell-off after the US official employment report. Silver hits fresh monthly lows near $22.50 and is having the worst day in months | 03/02/2023 15:42
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Interest rate differentials point to a higher EUR/USD – Nordea
EUR/USD came briefly above 1.10 this week before falling to just below 1.09 today. Economists at Nordea note that the rate differentials continue to p | 03/02/2023 15:41
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GBP/USD: Correction weaker before a trend stronger – MUFG
GBP gained further in January, mainly versus USD. Economists at MUFG Bank believe that the Pound could struggle in the near term before a sustained ap | 03/02/2023 15:34
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AUD/USD losses traction and plummets to two-week lows around 0.6930s after solid US data
AUD/USD collapsed after US economic data revealed on Friday showed that the labor market remains tight, and it would keep the US Federal Reserve under | 03/02/2023 15:23
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Gold Price Forecast: Wild beat on NFP pummels XAU/USD – TDS
Gold price tumbles sharply after a solid January US Nonfarm Payrolls report. A break under $1,880 would exacerbate losses, strategists at TD Securitie | 03/02/2023 15:08
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US: ISM Services PMI rebounds to 55.2 in January vs. 50.4 expected
The economic activity in the US service sector expanded at a robust pace in January with the ISM Services PMI rising to 55.2 from 49.2 in December. Th | 03/02/2023 15:06
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United States ISM Services PMI above expectations (50.4) in January: Actual (55.2)
United States ISM Services PMI above expectations (50.4) in January: Actual (55.2) | 03/02/2023 15:00
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United States ISM Services Prices Paid above expectations (65.5) in January: Actual (67.8)
United States ISM Services Prices Paid above expectations (65.5) in January: Actual (67.8) | 03/02/2023 15:00
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United States ISM Services Employment Index registered at 50, below expectations (50.5) in January
United States ISM Services Employment Index registered at 50, below expectations (50.5) in January | 03/02/2023 15:00
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United States ISM Services New Orders Index above expectations (57.6) in January: Actual (60.4)
United States ISM Services New Orders Index above expectations (57.6) in January: Actual (60.4) | 03/02/2023 15:00
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USD Index extends the upside north of 102.00 ahead of ISM
The greenback adds to the optimism seen in the second half of the week and lifts the USD Index (DXY) back above the 102.00 hurdle on Friday. USD Index | 03/02/2023 14:54
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GBP/USD tumbles to the 1.2100 zone as Dollar jumps on upbeat NFP
The GBP/USD tumbled from 1.2250 to 1.2100, reaching the lowest level in three weeks after the NFP. During the last hour, it rebounded modestly rising | 03/02/2023 14:51
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Natural Gas: Further rout in prices is unlikely – TDS
Historically mild weather through January has seen natural gas demand slump well below seasonal norms. Is there a bottom in sight for gas markets? Str | 03/02/2023 14:46
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United States S&P Global Composite PMI came in at 46.8, above forecasts (46.6) in January
United States S&P Global Composite PMI came in at 46.8, above forecasts (46.6) in January | 03/02/2023 14:45
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United States S&P Global Services PMI above expectations (46.6) in January: Actual (46.8)
United States S&P Global Services PMI above expectations (46.6) in January: Actual (46.8) | 03/02/2023 14:45
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Gold Price Forecast: XAU/USD plummets below $1890 after stunning US NFP report
Gold price tumbles sharply after the US Department of Labor revealed a staggering Nonfarm Payrolls report that added more jobs to the economy than exp | 03/02/2023 14:43
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USD to be on a choppy path amid unresolved uncertainties – HSBC
The US Dollar will likely weaken anew when uncertainties about the Fed, the US economy’s landing and China’s recovery resolve, in the view of economis | 03/02/2023 14:41
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AUD/USD: Aussie can benefit from the most resilient real growth in G10 – SocGen
Since its low in October, AUD/USD has been recovering strongly. Economists at Société Générale expect the pair to enjoy further gains. China’s growth | 03/02/2023 14:16
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EUR/USD: The trend for this year will be the upside – MUFG
EUR gained further in January. Economists at MUFG Bank expect the EUR/USD pair to extend its race higher. Upward pressure on yields and increased frag | 03/02/2023 14:01
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USD/JPY jumps to fresh daily high, eyes 130.00 mark on mostly upbeat NFP report
The USD/JPY pair catches some bids during the early North American session and spikes to a fresh daily top, around the 129.80 region in reaction to th | 03/02/2023 13:44
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EUR/USD corrects lower to 1.0850 post-Payrolls
EUR/USD comes under further downside pressure and rapidly gives away the initial optimism, returning to the mid-1.0800s in the wake of another stellar | 03/02/2023 13:40
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