EUR/USD Preserves Upleg Above SMAs
[ad_1] EUR/USD finds familiar support after pullback from 4-year high. A break above 1.1800 could trigger the next bullish cycle.…
Category: Currency Analysis
EUR/USD Extends Gains as US Dollar Weakens on Fed Uncertainty and Shutdown Fears
[ad_1] The EUR/USD pair advanced to 1.1804 on Tuesday, marking a second consecutive day of gains. The US dollar faced…
BoE’s Pill more comfortable on inflation, opposed slower QT pace
[ad_1] BoE Chief Economist Huw Pill signaled a softer tone on inflation risks, saying in a speech he is “more…
OECD upgrades 2025 growth forecast, tariff impact less severe
[ad_1] OECD’s latest Interim Economic Outlook projected global GDP growth of 3.2% in 2025, an upward revision from 2.9% in…
European PMIs Shrugged Off, Focus Turns to Aussie CPI
[ad_1] The forex markets remained largely directionless today, with consolidative trading dominating across major pairs. Price action was muted, and…
EUR/USD Mid-Day Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 1.1751; (P) 1.1777; (R1) 1.1829; More… Intraday bias in EUR/USD remains neutral at this point. On…
USD/JPY Mid-Day Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 147.47; (P) 147.93; (R1) 148.19; More… Intraday bias in USD/JPY stays neutral at this point. Current…
Bowman warns Fed could be behind the curve on jobs
[ad_1] Fed Governor Michelle Bowman said in a speech that she welcomes the Fed’s decision to start easing last week,…
US PMI composite falls to 53.6, still indicative of 2.2% annualized GDP growth in Q3
[ad_1] US business activity softened in September, with PMI Composite falling from 54.6 to 53.6. Manufacturing slipped from 53.0 to…
Sunset Market Commentary
[ad_1] Markets Eurozone business activity continued to rise in September, with the composite PMI reaching a 16-month high at 51.2…