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Forex
China’s NBS Manufacturing PMI unexpectedly contracts to 49.5 in May vs. 50.5 expected
China’s official Manufacturing Purchasing Managers' Index (PMI) dropped from 50.4 in April to 49.5 In May, the latest data published by the National Bureau of…
Elliott Wave analysis: S&P 500, Nasdaq 100 and top tier stocks [Video]
Market indices overview: S&P 500, SPY, NASDAQ 100, QQQ, Russell 2000, DAX 40, FTSE 100, ASX 200 featuring Elliott Wave technical analysis.
Elliott Wave…
AUD/USD recovers as weaker US GDP sparks US yields drop
AUD/USD rises to 0.6632 as US Q1 GDP growth slows to 1.3%, below expectations.
US Initial Jobless Claims increase slightly to 219K; Pending Home Sales…
AUD/NZD gains ground on robust Australian data, markets digest NZ tax relief
The AUD/NZD rebounded to a high of 1.0840 after dipping to 1.0815 on Wednesday.
Strong data from Australia following the report of hot inflation figures…
IBEX Elliott Wave: Buying the dips at the blue box area
Hello fellow traders. In this article we’re going to take a quick look at the Elliott Wave charts of IBEX published in members area of the website. IBEX is…
USD/JPY Price Analysis: Slips below 157.00 as bearish engulfing pattern looms
USD/JPY slips from weekly highs of 157.71, down 0.30%.
Technical outlook remains neutral to upward, with key resistance at 157.00 and 157.71.
Support…
Fed’s Bostic: Rate hike shouldn’t be required to reach 2% inflation goal
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic noted on Thursday during an interview with Fox Business that the Atlanta Fed head doesn't…
Mexican Peso surges as slowing US economy weighs on US Dollar
Mexican Peso strengthens to 16.92 after hitting four-week low of 17.13.
US GDP data unchanged; higher unemployment claims suggest economic slowdown,…
Canadian Dollar rebounds as market sentiment recovers, Greenback softens
Canadian Dollar pivots into high side on Thursday amid fresh risk appetite.
Canada finds better-than-expected Current Account figures.
US GDP growth cooled…
US Dollar retreats, DXY loses gains from sharp recovery on Wednesday
US GDP Q1 revisions and increasing Jobless Claims affects USD negatively.
Weekly Jobless Claims rose higher than expected.
Markets look forward to PCE…