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Forex
China’s Caixin Services PMI jumps to 52.0 in October vs. 50.5 expected
China's Services Purchasing Managers' Index (PMI) rose to 52.0 in October from 50.3 in September, the latest data published by Caixin showed on Tuesday.
The…
RBNZ: Economic conditions remain challenging, businesses facing difficulties
The Reserve Bank of New Zealand (RBNZ) stated on Tuesday that the economic conditions remain challenging and business is doing it tough. The New Zealand…
RBA set to hold key interest rate steady, diverging from other main central banks
Australia’s benchmark interest rate is set to stay unchanged at 4.35% in November.
The focus remains on Reserve Bank of Australia Governor Michele…
Mexican Peso climbs ahead of inflation data, shrugs off US political uncertainty
Mexican Peso strengthens despite weak domestic data; Gross Fixed Investment hits lowest level since February 2021.
Mexican Supreme Court set to discuss…
Will the US Presidential Elections crash the stock market?
If there is one thing the financial markets do not like, it is uncertainty. Of course, who will become the next President of the United States of America is…
US Dollar awaiting direction in Presidential election and FOMC meeting
US Dollar declines after increased probability of VP Kamala Harris winning the Pennsylvania vote.
NFP in the US rose by 12,000 in October on Friday, starkly…
Forex Today: The US election will drive the global sentiment
The unwinding of a big chunk of the “Trump trade” hurt the US Dollar at the beginning of the week amidst marginal developments in US yields and rising caution…
EUR/JPY Price Prediction: Pulls back to trendline of advance
EUR/JPY corrects back to the trendline for its bullish advance.
Given the short and medium-term trends are bullish, the odds favor more upside if certain…
GBP/JPY Price Prediction: Short-term trend may have reversed after Halloween sell-off
GBP/JPY may have reversed trend following the steep decline on October 31.
More downside will likely find support at major moving averages, momentum is…
Pound Sterling Price News and Forecast: GBP/USD sterling gains yet fails to clear 1.3000 ahead of US Election
GBP/USD Price Forecast: Sterling gains yet fails to clear 1.3000 ahead of US Election
The Pound Sterling trimmed some of last week's losses against the…