Forecast

EUR/USD: How Mr. Powell Aided the Dollar ● The past week witnessed few significant events, which reflected in EUR/USD pair's fluctuations around 1.0700. Notably, there was a slight increase in the Dollar Index (DXY), starting…

EUR/USD: A Bad Week for the Dollar ● Throughout the week, the Dollar Index DXY, along with EUR/USD, appeared to be riding the waves, moving up and down. At the beginning of the week, preliminary data for Europe was released. In…

US NFP REPORT KEY POINTS:The U.S. economy is forecast to have created 180,000 jobs in OctoberThe unemployment rate is seen holding steady at 3.8%A weak NFP report would be bearish for the U.S. dollar, creating the right conditions for a…

Share: PLTR stock has surged more than 21% on Thursday following its Q3 earnings beat. Revenue and…

EUR/USD: Awaiting the Pair at 1.0200? ● Having started the past week on a positive note, EUR/USD approached a significant support/resistance level at the 1.0700 zone on Tuesday, October 24, before reversing and sharply…

EUR/USD: No Interest Rate Hikes from the Fed and ECB in the Near Future? ● Starting from the last days of September, the U.S. Dollar Index (DXY) has been trading within a sideways channel. Macroeconomic data released last week…

RAND TALKING POINTS & ANALYSISSA inflation data limits rand strength after stellar Chinese GDP print.US building permit figures ad Fed guidance under the spotlight later today.Rising wedge breakout not completely confirmed yet.The…

EUR/USD: Inflation Drives Trends   ● At the beginning of last week, the Dollar Index (DXY) continued its decline that began on October 3, while global equity markets experienced growth. The dovish stance of Federal Reserve…

AUD/USD ANALYSIS & TALKING POINTSSoft Chinese CPI and safe haven demand for USD weighs on AUD.US data under the spotlight later today.New yearly lows looming for AUD/USD?Elevate your trading skills and gain a competitive edge. Get…

Share: Palantir stock rose 6% on Monday due to Israel-Hamas war. Palantir rises again Tuesday after…