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Bounces after printing a doji, as morning-star looms
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GBP/USD rises 0.34%, trading at 1.2755, as soft US jobs data fuels speculation the Fed may end its…
Pound Sterling soars amid mixed US Employment report
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GBP/USD registered modest gains on Friday after a soft US jobs data report spurred speculations the…
Further losses in store below 103.50
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DXY drops markedly to the 102.00 area following US NFP.
The 103.50 region continues to cap the…
The hunt for the 1.1150 zone
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EUR/USD rebounds sharply and reclaims the area above 1.1000.
Next on the upside comes the weekly…
USD/JPY drops below 142.00 as US Nonfarm Payrolls miss estimates
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USD/JPY dipped below 142, down 0.47%, after the US jobs data showed easing in the labor market and…
S&P 500 reversal and sectoral performance
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S&P 500 reversed right on cue yesterday, and the retreat before AAPL earnings was duly bought.…
XAU/USD should succeed in overcoming its all-time high of $2,075 in 2024 – Commerzbank
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Gold price has recovered significantly since autumn last year. Economists at Commerzbank analyze the…
NZD/USD recovers following mixed NFPs from the US
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NZD/USD jumped above the 0.6100 threshold but is poised to close a third consecutive weekly loss.…
Nikkei 225, GBP/USD, Nasdaq 100
Market sentiments continue to reel in from the US credit rating downgrade by Fitch overnight (DJIA -0.98%; S&P 500 -1.38%; Nasdaq -2.17%), with overbought technical conditions and “extreme greed” sentiments (Fear & Greed Index)…
Gains traction as an inverted head-and-shoulders pattern looms
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EUR/GBP gains for four consecutive days, up 0.81% for the week, trading at 0.8635 but failing to…