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Forex
Germany annual CPI inflation edges lower to 2% in June
Annual inflation in Germany declined to 2% in June from 2.1% in May.
EUR/USD stays in daily range slightly above 1.1700.
Inflation in Germany, as measured…
AMZN Elliott Wave technical analysis [Video]
AMZN Elliott Wave technical analysis
Function: Trend.
Mode: Impulsive.
Structure: Motive.
Position: Wave (v) of {i}.
Direction: Upside in (v).
Details:…
USD/JPY attracts some sellers below 144.00 on weaker US Dollar
USD/JPY softens to near 143.85 in Monday’s Asian session, down 0.53% on the day. Expectations for earlier Fed interest rate cuts undermine the US Dollar. …
AUD/USD appreciates to near 0.6550 following MI Inflation Gauge, China’s NBS PMI data
AUD/USD edges higher as TD-MI Inflation Gauge rose 0.1% MoM in June, against a 0.4% previous decline.China’s NBS Manufacturing PMI climbed to 49.7, while the…
BHP Group Limited – BHP Elliott Wave technical analysis [Video]
ASX: BHP Group Limited – BHP Elliott Wave technical analysis
Greetings, our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with BHP…
Gold price rebounds from one-month low amid weaker US Dollar
Gold price drifts higher in Monday’s early European session. Optimism over US trade deals bolstered bets for earlier Fed rate cuts, supporting the Gold…
USD/INR climbs as Indian Rupee weakens due to potential FII outflows
The Indian Rupee weakens ahead of economic figures from India due on Monday.Indian equities lose ground due to profit-booking after the indices hit eight-month…
German Retail Sales rise 1.6% YoY in May vs. 2.9% previous
Retail Sales in Germany rose 1.6% over the year in May.EUR/USD defends bids above 1.1700 following the downbeat data.Retail Sales in Germany unexpectedly…
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $64.82 per barrel, up from Friday’s close at…
GBP/USD dips from 1.3770 high as US PCE, sentiment data lift Dollar
GBP/USD retreats to 1.3700 after Core PCE rises 2.7% YoY, slightly above expectations.US Consumer Sentiment improves in June; long-term inflation expectations…