IG Market Comments - payrolls drive gains on Wall Street
Renewed labour market strength powered US stocks to new highs this afternoon, says Chris Beauchamp, Chief Market Analyst at online trading platform...
Read More👈
EUR/USD Price Analysis: Pair retreats to 1.0550 after testing 1.0600
The EUR/USD pair retreated on Friday after briefly testing highs around 1.0600, ending the session near 1.0550 but still holding above the 20-day Simple Moving Average...
Read More👈
Cutting cycle continues
This week, we published our macroeconomic projections for the global economy and the...
Read More👈
Gold Weekly Forecast: Bulls remain on the sidelines despite retreating US yields
Gold (XAU/USD) opened in a calm manner on Monday and spent the rest of the week fluctuating in a narrow channel at around...
Read More👈
GBP/USD Weekly Forecast: Pound Sterling edges up before the next leg lower
The Pound Sterling (GBP) held on to the corrective upside against the US Dollar (USD), fuelling a brief GBP/USD recovery above the 1.2750...
Read More👈
Week ahead – The central bank bonanza begins, US CPI eyed too [Video]
RBA to hold rates, but will it turn less hawkish? The Reserve Bank of Australia will kick off the central bank bonanza next week, announcing its decision on...
Read More👈
Canada Unemployment Rate rises to 6.8% in November vs. 6.6% expected
The Unemployment Rate in Canada rose to 6.8% in November from 6.5% in October, Statistics Canada reported on...
Read More👈
Kickstart Your Forex Trading with our Deposit Bonus up to $10,500 💯🚀🎯
Trade the global Forex markets with XM and enjoy:
Exceptional conditions 🏆
Low fees 📈
Superfast order execution ⚡
💰 Try and find a better deposit bonus. We’ll wait. 💰
Risk warning: Promotional materials from XM Global are not intended for persons residing in countries where such offers are prohibited. For further information, please visit XM.com.
Elliott Wave analysis: BAC found support from blue box
Welcome to another blog post where we share how members of Elliottwave-Forecast trade using the Elliott wave...
Read More👈
Silver Price Forecast: XAG/USD recovery stalls below $31.45 with NFP data eyed
Silver (XAG/USD) rally from last week’s lows near $30.00 has been capped at the top of the last two week’s horizontal channel, at 31.15, with investors awaiting the release of November’s US employment...
Read More👈
CME plans to launch trading in Gold futures for retail investors – Commerzbank
The CME Group intends to start trading a Gold futures contract worth one ounce from mid-January 2025, Commerzbank’s commodity analyst Carsten Fritsch...
Read More👈
Gold ETFs post net outflows in November – Commerzbank
On Thursday, the World Gold Council (WGC) published data on changes in gold ETFs in...
Read More👈
US Dollar steadies as traders await last Nonfarm Payrolls release of the year
The US Dollar (USD) trades broadly flat on Friday ahead of the important Nonfarm Payrolls (NFP) number for November, a key indicator to gauge the health of the US labor market. Expectations of job growth have been tuned down in recent days...
Read More👈
EUR baulks at pushing through 1.0590 resistance – Scotiabank
A rebound in French markets following this week’s political turmoil has done little for the EUR, Scotiabank’s Chief FX Strategist Shaun Osborne...
Read More👈
ECB meeting next week is not likely to have much impact on the Gold price – Commerzbank
The Gold price stabilized at $2,650 per troy ounce after falling in November, Commerzbank’s commodity analyst Barbara Lambrecht...
Read More👈
GBP/USD retreats after flirting with 1.2800
The US Dollar (USD) fell following the release of the United States (US) Nonfarm Payrolls (NFP) report, pushing GBP/USD to a fresh one-month high of...
Read More👈
Kickstart Your Gold Trading with our Deposit Bonus up to $10,500💯🚀🎯
Trade the global gold markets with XM and enjoy:
Exceptional conditions 🏆
Low fees 📈
Superfast order execution ⚡
💰 Try and find a better deposit bonus. We’ll wait. 💰
Risk warning:Promotional materials from XM Global are not intended for persons residing in countries where such offers are prohibited. For further information, please visit XM.com.
November employment: Softer than meets the eye
The November employment report signaled that supply and demand in the labor market has come back into...
Read More👈
US NFP report: Ebury reacts
The dollar has sold-off against its peers this afternoon, as investors see today’s payrolls report as insufficiently strong enough to prevent a December rate cut from the Federal...
Read More👈
USD/CAD surges to near 1.4100 after US-Canada Employment data
The USD/CAD pair advances to near the round-level resistance of 1.4100 after the release of the labor market data for November from both economies: the United States (US) and...
Read More👈
The week ahead – ECB set to cut rates for the 5th time this year, US CPI, UK GDP
1) ECB rate decision (Nov) – 12/12 – It’s hard not to feel an element of sympathy for ECB President Christine Lagarde as she looks out over the economic landscape that is currently the two largest economies in Europe in France and...
Read More👈
Breaking: US Nonfarm Payrolls increase by 227,000 in November vs. 200,000 expected
The United States (US) Bureau of Labor Statistics (BLS) will release the high-impact Nonfarm Payrolls (NFP) data for November on Friday at 13:30...
Read More👈
Breaking: US Nonfarm Payrolls rise by 227,000 in November vs. 200,000 expected
The United States (US) Bureau of Labor Statistics (BLS) will release the high-impact Nonfarm Payrolls (NFP) data for November on Friday at 13:30...
Read More👈
EUR/GBP edges lower as Sterling performs strongly across the board
The EUR/USD pair ticks lower to near 0.8285 in Friday’s North American session after struggling to extend Thursday’s recovery above the key resistance of...
Read More👈
Jobs Friday
USD: Dec '24 is Up at 105.760. Energies: Jan '25 Crude is Down at...
Read More👈
CAD holds range ahead of employment data cue for the BoC – Scotiabank
The Canadian Dollar (CAD) is a little softer but still holding well within recent ranges, Scotiabank’s Chief FX Strategist Shaun Osborne...
Read More👈
GBP holds below resistance in the upper 1.27s – Scotiabank
The BoE’s Decision Maker Panel boosted year ahead inflation expectations to 2.8% in November, from October’s 2.5%, Scotiabank’s Chief FX Strategist Shaun Osborne...
Read More👈
💰 Boost Your Trading Profits with FXStreet Trader Cashback! 💰
Ready to make your trades work even harder for you? With FXStreet Trader Cashback, you can earn a percentage of your trading commissions back—effortlessly!
1️⃣ Sign Up Free in minutes
2️⃣ Select a Broker with top cashback offers
3️⃣ Link Your Account and watch your cashback accumulate automatically
Why Join?
This is your chance to cut trading costs, maximize earnings, and keep trading conditions exactly as they are! Whether you trade daily or occasionally, every commission cashback adds to your profits!
Sign up today: https://bit.ly/cashback_forex
USD edges higher ahead of jobs – Scotiabank
The US Dollar (USD) is tracking a little higher ahead of the US jobs...
Read More👈
USD/JPY regains lost ground, approaching 151.00 on broad-based Dollar strength
The US Dollar is appreciating against its main peers on Friday, with investors closing Dollar lows ahead of the release of November’s Nonfarm Payrolls...
Read More👈