EUR/USD Price Playing Within Demand Zone Ahead of US NFP
The lower pressure remains high after failing to make a new higher high. A new lower low triggers more dips. Positive US data should lift the dollar. The EUR/USD price…
The lower pressure remains high after failing to make a new higher high. A new lower low triggers more dips. Positive US data should lift the dollar. The EUR/USD price…
The yen fell 2.5% against the dollar in the first week of the year. Traders are pricing in less than 140 basis points of a Fed rate cut. Economists predict…
Markets expect employment data to show an additional 170,000 jobs in the US in December. The data revealed a seventh straight monthly contraction in Canada's services sector. The Canadian dollar…
The bias remains bearish as long as it remains below the downtrend line. Positive US data could punish the price of gold. A new lower low triggers more dips. The…
Minutes from the FOMC meeting showed confidence that inflation is under control. There is no clear indication of when the Fed might initiate a rate cut. The third consecutive monthly…
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Oil prices rose on persistent concerns about supply disruptions in the Middle East. There is uncertainty around the start of the Fed's rate cut. Economists forecast a job gain of…
Prices in UK chain stores rose at their slowest pace in a year and a half. Food price inflation in Britain fell to 6.7%. British output and employment fell sharply…
Confirmation of its breakout activates an upward continuation. Removing the middle line (ml) confirms higher growth. The minutes of the FOMC meeting today should be decisive. USD/JPI is trading at…
The loonie weakened on weak Canadian factory activity. Market expectations for a Fed rate cut in 2024 have been reduced. Oil prices fell due to interest rate fears and reduced…