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Forex
EUR/USD tumbles below 1.0550 as traders await ECB’s Lagarde speech, US PMI data
EUR/USD loses momentum to near 1.0530 in Monday’s Asian session.
Eurozone's inflation rose to 2.3% YoY in November.
The cautious stance of the Fed…
Australia’s Retail Sales climb 0.6% MoM in October vs. 0.3% expected
Australia’s Retail Sales, a measure of the country’s consumer spending, climbed 0.6% MoM in October, compared to a rise of 0.1% in September, the official data…
Russian and Syrian airstrikes hit Aleppo and Idlib as rebels take control
Russian and Syrian jets have carried out a series of air strikes on Syrian rebels who are advancing through the country after seizing its second-largest city,…
China’s NBS Manufacturing PMI rises to 50.3 in November, Non-Manufacturing PMI eases to 50.0
China’s official Manufacturing Purchasing Managers' Index (PMI) rose to 50.3 in November, compared to 50.2 in the previous reading. The reading was in line…
EUR/USD turned lower on Friday after technical rejection from 1.06
EUR/USD started Friday with hopeful gains, but slumped back into the low side.
European inflation figures showed contraction on the near end of the curve.…
Dow Jones Industrial Average taps new record high, closes just below 45,000
The Dow Jones finds room to move higher on thin Friday.
November set to close as the Dow Jones’ best-performing month of the year.
Another data-laden NFP…
US Dollar recovers from daily lows on quiet Friday
US Dollar Index falls near 106.00 on a quiet Friday.
DXY stands soft as US markets open on Black Friday after remaining closed on Thursday.
The hawkish Fed…
Nvidia stock recovered on Friday as coming chip curbs on China seem less strict
Bloomberg reports that new chip curbs on China might be less strict.
The rules are set to be released next week by the outgoing Biden administration.…
NZD/USD Price Analysis: Pair conquers 20-day SMA, but 100-day SMA crossover raises concerns
Friday's session saw NZD/USD rally 0.61% to trade around 0.5930.
Price action shows recent gains and a recovery to the 20-day SMA, indicating potential for…
Australian Dollar continues to gain some ground, upside may be limited
Aussie mildly rose to 0.6510 in Friday's session.
Gains in the Aussie pair are influenced by broad-based US Dollar weakness.
Aussie finds support but faces…