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 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 […]

The euro climbed on German GDP data beating expectations, indicating mild growth and delaying a technical recession, though eurozone inflation pressures are nudging the ECB toward a rate cut in December. The British pound remained constrained as markets await the UK budget, with downward movement influenced by U.S. economic indicators. The yen held steady with the Bank of Japan expected to leave rates unchanged amid political uncertainty, while hints of […]

EUR, GBP, and JPY are moving in a cautious trading environment, reacting mainly to technical indicators and U.S. economic data. EUR/USD faces bearish pressure as traders eye consumer confidence and economic indicators, though limited upward moves occur if data underperforms. Similarly, GBP/USD is consolidating in a narrow range, with buyers attempting gains at support levels, while resistance encounters increase the potential for downward moves. USD/JPY sustains an uptrend, fluctuating within […]

The euro has shown minor gains against the dollar, with German economic sentiment expected to improve slightly despite inflation and employment concerns. The British pound remains volatile as traders await the upcoming UK budget, although a stable range holds below key resistance levels. The yen hit a three-month low, weighed down by political instability following Japan’s snap election and anticipation of the Bank of Japan’s monetary stance. The Australian dollar […]