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RBNZ eases policy as inflation moderates and the economy slows
The Reserve Bank of New Zealand (RBNZ) has delivered its third consecutive rate cut today (Wednesday, 27 of November), lowering the Official Cash Rate (OCR) by 50 basis points to...
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EUR/GBP drops below 0.8350 due to less likelihood of BoE rate cut next month
EUR/GBP extends its losses for the second successive session, trading around 0.8330 during the early European hours on...
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Trump's tariff move briefly jolts markets – S&P hits record high
US President-elect Trump announcing he will raise tariffs on imports from Canada and Mexico by 25% and the levy on China by 10% in the end only had a limited impact on...
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S&P 500 reaches fresh record high, as Oil price retreats
It’s America first when it comes to stock market...
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Croatia and Romania carry employment growth in CEE
Real Retail Sales in Poland increased by 1.3% y/y in...
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Gold stabilizes at support levels ahead of US core PCE data release
The release of the US PCE Price Index and quarterly GDP data later today will significantly influence the gold...
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Forex Today: Market focus shifts to US data dump ahead of Thanksgiving holiday
Here is what you need to know on Wednesday, November 27: The US Dollar (USD) stabilizes following two days of choppy action, with the USD Index moving sideways slightly below 107.00 in the European morning on...
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Ceasefire gives hope, US data in focus before Thanksgiving
Even though Donald Trump’s tariff threats on China, Mexico and Canada didn’t concern Europe, the feeling in Europe was far from being comfortable...
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No surprises in FOMC Minutes
From the US, October PCE data is due for release. PCE inflation is expected to remain close to past month's pace in both headline and core terms, in line with the CPI data released...
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GBP/USD strengthens above 1.2550 ahead of US PCE inflation data
The GBP/USD pair trades on a stronger note near 1.2570 on Wednesday during the early European...
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J.M. Smucker stock jumps 5% on earnings beat, guidance rise
J.M Smucker stock rose 5% Tuesday after it topped earnings...
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EUR/USD remains below 1.0500, traders await release of key US economic indicators
EUR/USD maintains its position after the recent losses registered in the previous session, trading around 1.0480 during the Asian hours on...
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Morning briefing: Crude prices continue to fall
Good Morning! The Dollar Index, despite seeing a fall yesterday has sustained well above 106.50 and could be soon headed towards...
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India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Wednesday, according to data compiled by...
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USD/JPY Elliott Wave technical analysis [Video]
USDJPY Elliott Wave Analysis Trading Lounge U.S. Dollar / Japanese Yen (USDJPY) – Day Chart USDJPY Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Navy Blue Wave 2 Position: Gray Wave 1 Direction (Next Higher Degree): Navy Blue Wave 3 Details: Navy blue wave 1 appears to be completed, and navy blue wave 2 is now...
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EUR/USD Forecast: Euro could extend recovery once it stabilizes above 1.0520
EUR/USD failed to make a decisive move in either direction on Tuesday and closed the day virtually unchanged slightly below...
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Unibail Rodamco Westfield Elliott Wave forecast [Video]
Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with UNIBAIL-RODAMCO-WESTFIELD –...
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Emini Dow Jones hits a new all time high
Emini S&P December choppy again as we try to retest the all time high at...
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US core PCE inflation set to hold steady, raising doubts on further Federal Reserve rate cut
The United States Bureau of Economic Analysis (BEA) is set to release the Personal Consumption Expenditures (PCE) Price Index data for October on Wednesday at 13:30...
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USD/CHF attracts some sellers to near 0.8850 as traders await US PCE inflation data
The USD/CHF pair softens to near 0.8855 during the early European session on...
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JPY strength weighs on Nikkei, automakers – RBNZ cuts another 50bps
Asia market update: JPY strength weighs on Nikkei, automakers; RBNZ cuts another 50bps; Focus on US Oct Core PCE, US Q3 GDP 2nd est; BOK rate decision...
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EUR/JPY Price Forecast: Falls toward 159.50 near descending channel’s lower boundary
EUR/JPY extends its losses for the second consecutive day, trading around 159.60 during the Asian hours on...
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FX option expiries for Nov 27 NY cut
FX option expiries for Nov 27 NY cut at 10:00 Eastern Time via DTCC can be found...
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USD/CAD Price Forecast: Bulls have the upper hand, move back above 1.4100 awaited
The USD/CAD pair attracts some dip-buyers following the previous day's pullback from the highest level since April 2020 and trades around the 1.4070 region during the Asian session on...
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Asia wrap: Skating to where the puck is headed
Through the trade war lens, China's weakening economic indicators loom large over global markets, with today's startling 10% plunge in October's industrial profits starkly illustrating the severe challenges on the...
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Gold price builds on Tuesday’s bounce from one-week low, climbs closer to $2,650
Gold price (XAU/USD) attracts some follow-through buying during the Asian session on Wednesday and looks to build on the overnight bonce from the $2,600 neighborhood, or a one-week...
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