EUR/USD: Euro remains calm near 1.0300 ahead critical US labor data
The single European currency remains near the 1,03 level for the third consecutive day and although it remains in a contested environment, it has not yet approached the recent low of 1,0220.
German industry might have reached the bottom
Retail sales grew dynamically in November in Romania – up by 9.2% y/y. 3Q24 GDP growth was revised marginally up to 1.2% y/y in Romania. At 10.30 AM CET Slovenia will publish industrial output growth ...
AUD/USD remains depressed below 0.6200, lowest since October 2022 ahead of US NFP
AUD/USD struggles to register any meaningful recovery and hangs near multi-year trough. The Fed’s hawkish shift keeps the US bond yields elevated and lends support to the USD. US-China trade war fears ...
Bitcoin speculators panic sell at $92K in 'good time for accumulation'
Bitcoin BTC $94,623 sentiment has taken a hit this month as volatility favored the downside and bulls failed to reclaim and ...
Pound Sterling continues to decline due to ramping UK gilt yields
The Pound Sterling (GBP) continues underperforming its major peers, rattled by rising borrowing costs on the United Kingdom ...
USD/CAD Price Forecast: Bulls have the upper hand; focus remains on US/Canadian jobs data
The USD/CAD pair prolongs its uptrend for the fourth successive day on Friday and has now reverses a major part of its weekly ...
WTI rises to near $74.00 due to increased likelihood of higher heating fuel demand
West Texas Intermediate (WTI) Oil price extends gains for the second successive session, trading around $73.90 per barrel during the European hours on Friday. Crude Oil prices are bolstered by ...
China’s Vice Finance Minister: Expect more proactive fiscal policy this year
Liao Min, China’s Vice Finance Minister, said on Friday that “we can expect more proactive fiscal policy in 2025, in terms of strength, efficiency and timing.” To speed up fiscal spending in a bid to ...
Northern Star Resources Ltd analysis and Elliott Wave forecast [Video]
Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with NORTHERN STAR RESOURCES LTD – NST. We see ASX:NST stock starting a Bullish trend, and this analysis will ...
Gold price hits fresh multi-week top, bulls retain control ahead of US NFP report
Gold price attracts buyers for the fourth straight day on Friday amid some haven flows. The Fed’s hawkish stance, elevated US ...
December Payrolls report will get most of the market attention
The University of Michigan’s consumer confidence indicator (January) is scheduled but it’s the December payrolls report that’ ...
NFP data looming
NFP is the acronym for Nonfarm Payrolls, arguably the most important economic data release in the world. The indicator, which provides a comprehensive snapshot of the health of the US labor market, is ...