Economic

EUR/USD Price, Chart, and AnalysisGerman economic sentiment deteriorates in April.EUR/USD moving higher on US dollar weakness. Recommended by Nick Cawley Get Your Free EUR Forecast Most Read: Euro Week Ahead…

IMF World Economic Outlook Latest AnalysisWorld output is seen falling to 2.8% this year from 3.4% in 2022.Advanced economies' output slashed to 1.3% in 2023 from 2.7% last year. Recommended by Nick Cawley Trading…

US Dollar, Euro, Australian Dollar Vs Japanese Yen – Price Action: Recommended by Manish Jaradi How to Trade USD/JPY The Japanese yen could maintain a firm tone against the US dollar and some of its peers amid…

Nasdaq 100, ISM Services Index, Fed, Technical Analysis – Asia Pacific Market Open:Tech-heavy Nasdaq 100 underperforms after soft ISM Services dataTraders seemed to focus on economic woes rather than a dovish FedTurn lower has the Nasdaq…

ISM Non-Manufacturing (Services) PMI Misses EstimateThe second of the two measures gauging the health of the US economy compounded concerns that the relatively strong US economy is showing signs of concern. The ISM non-manufacturing PMI…

Gold, XAU/USD, Federal Reserve, Jobless Claims - Briefing:Gold prices gained on the Fed as USD and Treasury yields fellAll now focus on US initial jobless claims to gauge SVB impactXAU/USD turned back towards key resistance, where to…

ISM SERVICES KEY POINTS:ISM Services PMI slows to 55.1 from 55.2, topping expectations calling for a larger pullback to 54.5The new orders and the employment indices extend their recovery, prices paid move down moderatelyU.S. dollar, as…

US PMI KEY POINTS:Flash U.S. Composite rises to 50.2 from 46.8, topping expectations calling for a more modest rebound to 47.5Services PMI also moves out of contraction territory, climbing to 50.5 from 46.8 previouslyManufacturing…

Economic and political news have a significant impact on the Forex market, as they can affect the supply and demand for a particular currency. Economic Data: Economic data such as gross domestic product (GDP),…

It’s gonna be a busy NFP week, as three central bank decisions are also coming up! Not only do we have the FOMC statement, but we’ll hear from the folks over at the BOE and ECB, too. Before all that, ICYMI, I’ve written a quick recap of…