EUR/USD Price Struggles as Dollar Attempts a Recovery
The bias is bearish as long as it is below the median line. Friday's low stands as a bad target. The lower midline is seen as the main target. EUR/USD…
The bias is bearish as long as it is below the median line. Friday's low stands as a bad target. The lower midline is seen as the main target. EUR/USD…
Investors awaited a key US jobs report later in the week. Canada added more jobs than expected last month, data showed. Canada's manufacturing sector shrank in November. There was a…
Powell confirmed that US monetary policy is slowing the economy as expected. There is a 60% chance the Fed will cut rates by March. The Reserve Bank of Australia is…
Australia experienced a larger-than-expected decrease in inflation in October. The dollar was weak as the data supported expectations of a Fed rate cut. The RBA is likely to keep its…
US economic data supports the view that the Fed will start cutting rates soon. Canada reported stronger-than-expected employment growth. The BoC is likely to keep its main benchmark rate at…
Data revealed moderate growth in US consumer spending for October. Investors await comments from Fed Chairman Jerome Powell later on Friday. The data revealed that inflation in the eurozone experienced…
The current sideways movement is seen as a bullish formation. The upper middle line (uml) stands as an important target to the upside. US data should bring big action today.…
US consumer spending rose moderately in October. The US PCE price index in October showed a slower growth of 3% compared to a year ago. The Canadian economy shrank at…
The bias remains bullish as long as it is above R2. Removing static support opens the door for more falls. US data should have a big impact today. The price…
US gross domestic product increased by 5.2% on an annual basis in the last quarter. There is an increased likelihood of a Fed rate cut in March. German inflation data…