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The Australian dollar is showing limited movement on Thursday. In the European session, AUD/USD is trading at 0.6496, up 0.07%.Australian Job Growth FlatlinesAustralia’s employment report was...
UK GDP -0.3% in Q4 and -0.1% in December BoE not concerned about recession GBP/USD momentum fading near February lows? The UK fell into recession in the second half of last year after GDP figures for...
US dollar retreats as risk appetite improves, but bullish trend persists amid Fed's hawkish stance. Attention turns to upcoming economic data, with retail sales, jobless claims, and sentiment...
Aussie Rebounds, Employment Data LoomsThe Australian dollar is in positive territory on Wednesday. In the North American session, AUD/USD is trading at 0.6488, up 0.54%. The Australian currency slid...
The release of last October’s US inflation data was a real blockbuster for the markets, creating powerful one-way movements.Consumer prices rose 0.3% in January, while annual inflation slowed from...
Bearish: We are currently @ 150.57 in a rectangle pattern. Two scenarios: Bullish: a move to the upper day chart trend line @ 152.00 area). 2: Bearish: A break down here or the 149.57 area. Watch...
· USD/JPY surpasses significant levels such as 150.00· RSI and Stochastic indicate overbought market· MACD still looks strongly positiveUSD/JPY experienced a new three-month...
Yesterday's strong US January CPI release clearly does not provide the Fed with the confidence it needs to start cutting rates. Instead of powering the next leg of the risk rally, the CPI data has...
In this video, I walk you through my EASY 10-minute fundamental analysis routine to get you prepared for your trading day
The New Zealand dollar has declined after New Zealand inflation expectations decelerated in the fourth quarter. In the European session, NZD/USD is trading at 0.6114, down 0.25%. The New Zealand...
The GBP/USD edged higher in reaction to the firmer wages and jobs data from the UK earlier this morning, ahead of the release of even more top-tier data from both sides of the pond. It is inflation...
Economic data continues to be on the Pound's side, with another set of better-than-expected figures, this time from the labour market. The unemployment rate fell from 4.2% to 3.8% against expectations...
EURJPY edges higher after 50-day SMA prevents declineJumps back within its bullish channel in place since JuneMomentum indicators turn positiveEURJPY had been sliding lower in the short term,...
UK wage growth key to BoE sustainably hitting inflation target GBP/JPY struggling near recent highs Divergence points to loss of momentum The coming days offer several important data points for the UK...
The British pound is showing limited movement at the start of the week. In Monday’s North American session, GBP/USD is unchanged at 1.2629. Bank of England Governor Andrew Bailey will speak at a...