EUR/USD Steady Near its Multi-Month High, German Ifo Report Cheers
EUR/USD Price, Chart, and Analysis German Ifo data suggest that the economic outlook is improving The ECB – market impasse over interest rates continues. Recommended by Nick Cawley Download our new Q1 Forecast Most Read: EURUSD Latest – The Bullish Trend Remains in Place as the ECB Talks Tough The German economy is starting the […]
Fresh Multi-Month High in Sight
GBP/USD – Prices, Charts, and Analysis US dollar index tests June 2022 lows. Cable may have further to go. Retail sentiment is bullish. Recommended by Nick Cawley Get Your Free GBP Forecast The Federal Reserve is set to hike interest rates by 25 basis points at the February 1 FOMC meeting and by a further […]
Weak Rebound off the Multi-Month Low, Slowdown Fears Grow
US Dollar (DXY) Price and Chart Analysis US Treasury yields slump on growing recessionary fears. Multi-month support is likely to be re-tested. Recommended by Nick Cawley Forex for Beginners Most Read: US Dollar (DXY) Remains Under Pressure Ahead of Important US Data US Treasury yields slumped on Wednesday after the latest batch of data showed […]
S&P500 Futures continues downside on slowdown fears, yields refresh multi-month low
Market sentiment remains negative as lower US PPI has pushed S&P500 valuations to the expensive side. Firms have been forced to trim the prices of their offerings to match weaker demand. Lower US PPI-inspired downward revision for inflation projections has sent US Treasury yields to a multi-month low. Intense sell-off by the market participants in […]
Retreats from multi-month top, downside potential seem limited
AUD/USD fails ahead of the 0.7000 mark and corrects from a multi-month top touched on Friday. A combination of factors helps revive the USD demand and exerts downward pressure on the pair. The technical setup favours bulls and supports prospects for the emergence of some dip-buying. The AUD/USD pair retreats from the vicinity of the […]