Tag: Market analysis

Silver had a bit of a rough week, ending with over 4% in losses, even though it managed to post a 0.31% gain by the end of Friday's session. This drop below $28.00 has...

The EUR/USD pair experienced a dip to 1.0825 last week but has since been moving sideways. The initial bias for this week remains neutral, with a further fall likely as long as the minor...

The US Dollar, as measured by the DXY Index, faced some challenges in bouncing back after the release of mixed Personal Consumption Expenditures (PCE) data. There is uncertainty in the market regarding a potential...

US stocks closed the week with gains, with the S&P and Nasdaq lower for the week. Next week is expected to be a big week for earnings reports. The Baker Hughes oil rig count...

In the trading world, the NZD/USD pair has shown some signs of a slight rebound recently, settling near the 0.5900 mark after facing a strong bearish influence. Despite this small bounce, the pair had...

Foreign exchange trading can be a risky venture, not suitable for all investors. It's important to be aware of the risks involved, especially with leverage, which can increase the potential for loss. Before diving...

The USD/CHF pair is seeing a decline near 0.8800 as the US economy data looms. Despite stronger-than-expected US economy data, the Greenback is dropping, and the global stock market sell-off is causing a flight...

The US Presidential election is a hot topic right now, causing volatility in the market and making the Fed's job more challenging. Recent events, such as the gun attack on Donald Trump and President...

Bitcoin recently experienced a drop in price, falling back to the 64000 level due to general market risk-off sentiment. Despite this, from a fundamental perspective, the data continues to show strong growth, decreasing inflation,...

The euro initially dropped on Wednesday but has since bounced back. In the current North American trading session, EUR/USD is at 1.0860, showing a 0.07% increase for the day.Eurozone PMI numbers came in weaker...

Foreign exchange trading is known to carry a high level of risk, which may not be suitable for all investors. It is essential to understand that leverage can create additional risk and increase the...

EUR/USD and USD/CHF Trends AnalysisIn the world of forex trading, the EUR/USD and USD/CHF pairs have been making significant movements. Let's take a closer look at the technical analysis for these currency pairs.EUR/USD Technical...

Foreign exchange trading is a high-risk activity that may not be suitable for all investors. It is important to understand the risks involved, especially when using leverage, which can increase the potential for loss....

EUR/JPY experienced a significant drop of almost 1% on Tuesday due to the strengthening of the yen following hawkish discussions that suggest the Bank of Japan may increase interest rates. This resulted in the...

The Federal Reserve is eagerly awaiting the release of key economic data this week to gain a better understanding of the current state of growth and inflation in the US. The upcoming Preliminary GDP...

TD, a financial institution, is cautious about the future of gold prices due to various factors. They believe that the current positioning of discretionary traders is skewed towards the downside, with many traders having...

The stock market has been facing some challenges lately due to various factors like upcoming elections and geopolitical tensions. However, investors can still navigate these rough waters by focusing on long-term prospects rather than...

Credit Agricole analysis indicates that the British Pound (GBP) remains a strong contender among G10 currencies, despite facing challenges such as increased risk aversion and higher-than-expected UK inflation. The GBP's resilience is linked to...

Match Group, the company behind popular dating apps like Tinder and Hinge, has caught the attention of activist investor Starboard Value. With a 6.64% ownership stake in the company, Starboard has outlined various opportunities...

The European Central Bank (ECB) announced today that they have decided to keep their key policy rates unchanged in a unanimous decision. They reiterated their stance of not committing to a specific rate path...

Gold prices have surged to a new all-time high of $2482, with a significant increase of 1.9% in a single day - the largest jump since December 13. This rise comes after breaking through...

In the recent trading session, the major stock indices all closed higher with the Dow and the Russell 2000 performing the best, while the Nasdaq lagged behind. The Dow Industrial Average saw a significant...

Global core bonds saw some gains ahead of the release of US retail sales data. UK gilts performed slightly better than Bunds and Treasuries as investors prepare for the upcoming June CPI numbers. There...

The Bank of Canada is set to meet on July 24, and many economists are predicting a rate cut. This prediction is further supported by the fact that interest rate derivatives are now indicating...

The Eco Data Calendar for July 16, 2024, provides a snapshot of various economic indicators from around the world. Here are some key events and their corresponding data:1. Japan's Tertiary Industry Index for May...

Switzerland's producer and import prices in June remained steady at 0.0% month-on-month. This stability indicates that there was no increase or decrease in prices during this period.It is important to note that foreign exchange...

The People's Bank of China announced on the 15th of this month that the Medium-term Lending Facility (MLF) rate will remain at 2.5%. This news comes amidst expectations of no change to the rate...

The upcoming events in the market for the week of July 15-19 are as follows:On Monday, we have various events including the New Zealand Services PMI, PBoC MLF, China Industrial Production and Retail Sales,...

EUR/USD saw a strong rally last week, reaching a high of 1.0910. The current bias is still leaning towards the upside for the coming week. If there is a decisive break above 1.0915, we...

Bitcoin trading can be a profitable opportunity, but it comes with risks. It's important to be cautious and patient when trading Bitcoin. Here are some key points and strategies to consider:Bulls' Strategy: - Breakout from...

The European Central Bank (ECB) is set to conclude its two-day policy meeting on Thursday. It is not expected to make any changes to interest rates after a 25 basis point cut last month....

It's already halfway through 2024, and the countdown to the US presidential election has begun. While geopolitical tensions like the Ukrainian-Russian conflict and Israeli-Hamas situation are ongoing, the focus has shifted towards political risks...

The pound is currently experiencing a significant breakout, with gains in nine out of the past 10 days, including three substantial increases in a row. This surge can be attributed to the recent clarity...

The Japanese government typically releases economic growth forecasts twice a year, in January and July. The upcoming report, set to be released next week, is expected to show a reduction in the growth forecast...

The US Dollar weakened last Friday due to a soft US NFP report that showed a cooling labor market. This led to an increase in the unemployment rate and a decrease in wage growth....