The US dollar’s recent strength has pressured major currencies, notably impacting the euro, British pound, and Australian dollar, each facing technical sell signals amid weak domestic data and dollar gains on strong inflation expectations. The euro and pound are constrained by weak economic indicators, while the yen remains under pressure despite Japan’s high inflation, as growth concerns loom. The Swiss franc, though depreciating, has seen relief for Swiss exporters. In […]

The euro and pound continue to face downward pressure amid dollar strength driven by U.S. inflation concerns, with the euro nearing its lowest level in a year and the pound slipping past key support levels. In the eurozone, speculation grows around a possible ECB rate cut in December due to persistent inflation pressures, exacerbated by U.S. trade tensions. The yen weakens as “Trump trades” influence markets, reflecting expectations of tighter […]

The euro is experiencing a downtrend due to weak Eurozone sentiment, rate cut expectations, and German political instability, while the British pound faces similar challenges amid a rising UK unemployment rate, limiting its performance. The yen is under pressure as the Bank of Japan remains unclear on rate hikes, while yen-supporting intervention seems limited against a strong dollar. Meanwhile, gold is under selling pressure due to a robust dollar, buoyed […]

EUR, GBP, JPY, NZD, and gold markets display unique dynamics amid global economic shifts. EUR/USD faces bearish pressure with possible corrective rallies, influenced by an empty Eurozone economic calendar. GBP/USD continues its downward trend, anticipating further pressure if UK job data disappoints, though resistance to the strong USD is observed. USD/JPY remains bullish, with the yen’s weakness likely as the Bank of Japan remains cautious on rates, while limited incentives […]

Last week’s volatility from the US election and interest rate cuts by the Fed and the Bank of England has set the stage for a more measured trading week. Key data releases and statements from prominent central bankers are lined up to guide investor sentiment. Here’s a day-by-day breakdown of the notable events to watch.

In the latest market session, the EUR and GBP have shown bearish tendencies amid pressures from the U.S. dollar, buoyed by anticipation of a Federal Reserve rate cut and expectations of a hawkish outlook from Jerome Powell. EUR’s decline is tempered by limited growth potential, with investors focusing on MACD levels to gauge buy and sell entry points. GBP rallied slightly after a BoE rate cut but faces downward pressure […]

Following Donald Trump’s surprise election win, the U.S. dollar surged across major currencies, sharply impacting EUR, GBP, JPY, and Gold. The euro and pound plunged as markets expected Trump’s policies, like higher tariffs, to support inflation and potentially increase interest rates. The yen also weakened considerably amid stronger U.S. dollar sentiment, further fueled by Japan’s hold on interest rates. Meanwhile, gold saw a swift sell-off as rising Treasury yields diminished […]

The EUR, GBP, JPY, NZD, and gold have recently shown mixed performance in response to economic data, geopolitical factors, and the upcoming U.S. election. The EUR and GBP face resistance due to limited upward momentum, while U.S. economic releases and the election may influence further fluctuations. JPY remains cautious as BoJ policy awaits key decisions, and USD strength is variable. NZD’s recent gains are tempered by weak economic data from […]

The euro remains steady as eurozone inflation hits target levels, while the ECB is expected to maintain its cautious rate-cutting stance despite robust employment data. The pound hovers amid uncertainty in UK fiscal policy, with the BoE eyeing a careful balance between inflation control and monetary easing. The yen strengthens after BoJ comments suggest a potential rate hike, though market volatility is high due to political shifts. The Aussie dollar […]

This week, the US markets are set for an intense period, driven by the convergence of two major events: the US election and a Federal Reserve meeting. These events are expected to shape market sentiment, potentially inducing high volatility with lasting effects on prices well beyond Friday. Investors and analysts alike are braced for a turbulent week, with sharp movements anticipated as major decisions unfold. Here’s a detailed breakdown of […]