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Forex Today: The US Nonfarm Payrolls take centre stage
The Greenback came under renewed and marked selling pressure amid uncertain price action in US yields and investors’ steady prudence ahead of the release of the crucial US labour market report on...
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UnitedHealth stock sells off as executive shooter remains at large
UnitedHealth Group (UNH) stock is trending lower on Thursday, a day after news shocked that nation when the CEO of its largest insurance unit was assassinated outside an investor event in Manhattan on...
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Dow Jones Industrial Average sheds 150 points on Thursday
The Dow Jones Industrial Average (DJIA) fell back slightly on Thursday, easing down around 150 points and keeping price action in a tense standoff with the 45,000 major price...
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AUD/USD Price Forecast: Outlook remains bearish so far
The US Dollar (USD) continued to face selling pressure on Thursday, extending its losses from the previous day and breaking below the significant 106.00 support level, as reflected in the Dollar Index...
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Gold Price Forecast: XAU/USD approaches weekly low at 2,621
Spot Gold kept trading uneventfully around the $2,650 mark throughout the first half of the day, with limited action across financial...
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Oil: OPEC+ drops its plans to return the oil production – TDS
Reports that OPEC+ has kicked the can on its plans to return unwanted barrels back to markets by three months will keep crude oil prices from falling further in the imminent term, but the drag from energy supply risk premia will persist nonetheless, TDS’ Senior Commodity Strategist Daniel Ghali...
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EUR/USD climbs on weak US jobs data, NFP eyed
The EUR/USD shrugged off political turmoil in France and edged up by over 0.60% on...
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Gold: 2024 is Gold's year – TDS
Gold's price performance was exceptionally strong, with scarce historical analogies available for such a strong performance outside of a USD bear market and with a concurrently strong year in equity markets, TDS’ Senior Commodity Strategist Daniel Ghali...
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USD/JPY edges lower amid surge in US Initial Jobless Claims
The USD/JPY pair ticks lower to near 150.50 in Thursday’s North American session after the release of the United States (US) Initial Jobless Claims data for the week ending November 29, which came in...
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One of the top governments in Europe falls
One of the top governments in Europe falls. The head of the Federal Reserve says the economy is stronger than we thought in September and we can afford to be more...
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GBP/USD: Key resistance in sight – Scotiabank
The Pound Sterling (GBP) is a moderate outperformer on the session, gaining a little over 0.5% on the softer US Dollar (USD), Scotiabank’s Chief FX Strategist Shaun Osborne...
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Fall of French government does not roil the markets and a BoJ dove did not rule out rate hike this month
Overview: The US dollar is mostly softer today. The only G10 currency that has not gained on it today is the Swedish krona, which is nursing minor...
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USD: Post election premium to FV may ease – Scotiabank
The US Dollar (USD) is trading a little softer overall in quiet...
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Oil outlook: Oil prices moving in a slow sideways river
Oil prices appear to have remained relatively unchanged compared to last...
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EUR/USD Price Forecast: The hunt for the 1.0600 barrier
EUR/USD extended its recovery on Thursday, adding to the ongoing broad-based optimism and climbing to the vicinity of the key barrier at 1.0600 the...
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EUR/USD Price Analysis: Pair extends gains, rises above 1.0560
The EUR/USD pair extended its rebound on Thursday, rising to 1.0560 and breaking above the key 20-day Simple Moving Average...
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Mexican Peso strengthens amid weak US Initial Jobless Claims
The Mexican Peso extends its winning streak to three consecutive days and appreciates against the US Dollar following the release of weak US jobs...
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US Dollar weakens on higher-than-expected Jobless Claims
The US Dollar (USD) is under significant selling pressure on Thursday as markets gear up for the release of November's United States (US) Nonfarm Payrolls (NFP) data on...
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Euro FX: Is a reversal on the horizon?
Momentum – A bounce coming? The Euro FX is in "Stage 4" on our Trend/Market Structure Roadmap: both the short-term and long-term trends turned bearish as of November...
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Monthly news: In the third quarter of 2024, seasonally adjusted GDP increased by 0.3% in the EU
The European Parliament has approved the new European Commission, led by Ursula von der Leyen, by a clear...
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Narrowing in October trade deficit May overstate current US trade position
The U.S. trade deficit narrowed sharply in October amid broad-based weakness in trade...
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Asia week ahead: China’s central economic work conference in focus
We look at what’s in store in the region next week, including China’s Central Economic Work Conference, Australia’s cash target rate, India’s inflation data and the Japanese Tankan business...
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November CPI preview: Barely budging
Stalling progress on the inflation fight should be evident in the November Consumer Price...
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US: Initial Jobless Claims increased to 224K last week
US citizens filing new applications for unemployment insurance rose to 224K for the week ending November 29, as reported by the US Department of Labor (DoL) on...
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Two crucial breadth developments
S&P 500 brought another day of reliable gains delivered to clients both swing and intraday, and I do tolerate the lackluster overall breadth (advance-decline volume, I‘m looking at you...
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CAD: Traders mark time ahead of BoC decision – Scotiabank
The Canadian Dollar (CAD) is little changed again on the session so...
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Gold awaits range break, next move can be something big
.Gold trades within tight range of $2632-$2660 .Traders await Initial Jobless...
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