The composite PMI dropped from 50 to 48.1, once more stressing growth concerns for the eurozone. Hard data has actually come ...
“European Central Bank board member Isabel Schnabel narrowed the gap with the Fed by pushing back dovish rate cut bets in the Eurozone. EU CPI inflation returned to the 2% target in October after a ...
EUR/USD extends losses below 1.0550 in the European session on Thursday. The pair's downside could be attributed to French ...
Despite no significant increase in downward momentum, there is room for the US Dollar (USD) to edge lower to 7.2380. In the ...
This week, investors will focus on the Canadian Q3 Gross Domestic Product (GDP) data, which will be published on Friday. The Canadian economy is estimated to have expanded by 1% compared to the same ...
“The DXY Index fell a second time in three days by 0.9% to 106, its lowest close since November 11. US inflation data met expectations; October’s PCE headline and core inflation were unchanged at 0.2% ...
USD/SGD bounced this morning, tracking the move higher in USD/CNH. Pair was last seen at 1.3444, OCBC’s FX analysts Frances ...
Donald Trump’s sweeping election victory is likely to put US-EU economic relations under pressure at a time when any ...
USD/JPY fell further overnight amid the decline in UST yields and broad US Dollar (USD). Pair was last at 151.90 levels, OCBC ...
Scope for the New Zealand Dollar (NZD) to test 0.5920 before levelling off; the major resistance at 0.5950 is likely out of reach for now. In the longer run, for the time being, NZD is likely to trade ...
The Pound Sterling falls to near 1.2650 against the USD as the latter bounces after plunging on Wednesday. Market speculation ...
“Daily momentum is mild bearish while RSI fell. Consolidation likely. Support at 1392, 1385 (23.6% fibo retracement of Sep ...