AUD/USD Price Forecast: The 0.6400 region holds the downside…for now
The US Dollar (USD) faced renewed downside pressure on Wednesday, adding to Tuesday’s pullback and slipping closer to the key 106.00 support level once again as tracked by the Dollar Index...
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FTSE 100 stumbles but Dax and S&P 500 keep rising
Investors await news of the French government this afternoon, while watching the year’s strong performers make yet new highs, says Chris Beauchamp, Chief Market Analyst at online trading platform...
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EUR/USD Price Analysis: Pair sees more gains and rises to 1.0530
The EUR/USD pair found support around the psychological 1.0500 level after opening the week with a sharp decline of over 1% and tallies a two-day winning...
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Gold: Sizable liquidations over the coming week are possible – TDS
Precious metals have remained locked in a tight range, but recent flows have been interesting, TDS’ Senior Commodity Strategist Daniel Ghali...
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ADP reaffirms the picture of a healthy US labour market
The most important publication in the coming weeks will be Friday's US employment...
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GBP/USD Price Forecast: Struggles to crack 1.2700, oscillates around 1.2650
The GBP/USD fluctuated between gains/loses, trapped at around the 1.2630-1.2700 range for the third consecutive...
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Silver Price Forecast: XAG/USD experiences V-shape recovery from $30.50 after US ADP job data
Silver price (XAG/USD) recovers in a V-shape manner from the key support of $30.50 in Wednesday’s North American session and refreshes an intraday high near $31.20 after the release of the United States (US) ADP Employment Change data for...
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UnitedHealth CEO murdered early Wednesday in Manhattan
A local television station in New York City is reporting that the CEO of UnitedHealth Group (UNH), the largest health insurer in the US, was gunned down outside a Hilton hotel in Manhattan early Wednesday...
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Fed chief Powell speaks, along with several other Feds
Today we get the service sector PMIs and the Beige Book. Fed chief Powell speaks, along with several other...
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Lagarde speech: Growth will be weaker in short term
While testifying before the European Parliament's Committee on Economic and Monetary Affairs on Wednesday, European Central Bank (ECB) President Christine Lagarde said that the economic growth in the Eurozone will be weaker in the near term, per...
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EUR/GBP stays vulnerable below 0.8300 as French government sets to dissolve
The EUR/GBP pair ticks lower and sustains below the cruical resistance of 0.8300 in Wednesday’s North American...
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Breaking: US ADP private sector employment up a modest 146,000 in November vs. 150,000 forecast
The ADP Employment Change report is seen showing a deceleration of job creation in the US private sector in...
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Breaking: US ADP private sector employment rises 146,000 in November vs. 150,000 forecast
The ADP Employment Change report is seen showing a deceleration of job creation in the US private sector in...
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Salesforce stock storms 9% higher to new all-time high above $368
Salesforce stock gained some 9% on Wednesday following Q3 earnings late...
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Gold Price Forecast: XAU/USD holds on to modest gains around $2,650
Back and forth among financial markets did not impact Gold price on Wednesday, with the bright metal stuck around $2,650 a troy...
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Services activity cooled in november, prices did not
A sharper than expected decline in the service sector ISM came with broad-based declines in the components that feed into the headline and a rise in prices paid, which does...
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Divergence after US elections
US election results have driven divergence in markets. While more expansionary tax policies are expected to boost growth in the US, fears of rising tariffs have weighed on markets...
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US ISM Services PMI rose less than expected in November
According to the Institute for Supply Mangement (ISM), the Services PMI eased to 52.1 in November, coming in short of estimates at 55.5 and markedly lower than October’s 56...
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Four out of G10
It’s that time of year again. Time to buy the 2025 Spectra Markets Trader Handbook and...
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Gold price edges higher as ADP falls shorts of expectations
Gold prices consolidate at around $2,650 for the seventh consecutive day, posts modest gains of over 0.20% after US jobs data revealed that private hiring dipped, missing economists...
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Fed's Musalem: Will wait to see data before deciding on December meeting
St. Louis Federal Reserve President Alberto Musalem said on Wednesday that it might be possible to pause rate cuts at the upcoming meetings, and added that they are keeping all options for the December...
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Equities report: US Equities move higher as the S&P500 forms new ATH’s
Major US stock market indexes appear to be moving in an upwards fashion as we near the end of...
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How to trade NFP, one of the most volatile events
NFP is the acronym for Nonfarm Payrolls, arguably the most important economic data release in the...
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Today we have the Beige Book and Chairman Powell will be speaking
USD: Dec '24 is Up at 106.515. Energies: Jan '25 Crude is Up fractionally at...
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December is normally not a good month for the Dollar
Dollar buying returns but watered down. December is normally not a good month for the...
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Accelerating Czech wages are a pro-inflationary risk
Robust wage growth will further drive Czech household spending, prompting policymakers to consider both increased consumption and more relaxed budgetary...
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Breaking: US ADP private sector employment rises 146,000 in November vs. 150,000 forecast
The ADP Employment Change report is seen showing a deceleration of job creation in the US private sector in...
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