AlexBraun
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EUR/GBP outlook: Looks for fresh direction signal
EUR/GBP EURGBP dips in early Thursday’s trading, after a double upside failure at falling 100DMA (0.8572), the lower boundary of strong resistances at 0.8580 zone (including Fibo 38.2% of 0.8714/0.8498 downtrend and a multiple spike highs). Sterling regained ground after being deflated by UK CPI dat
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EUR/USD is testing Friday’s lows at 1.0620 with the US Dollar boosted by strong consumption figures
The Euro resumes its decline following strong US Retail Sales data The divergence between the ECB and the Fed's rate outlook is expected to weigh on the Euro. Geopolitical concerns are an additional support for the safe-haven USD. The Euro’s mild upside bias seen during Monday’s European session has
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Macklem speech: There was clear consensus to hold policy rate at 5%
Tiff Macklem, Governor of the Bank of Canada (BoC), explains the BoC decision to leave the interest rate unchanged at 5% after the April policy meeting and responds to questions from the press. Key quotes "We did discuss when to reduce rates, there was clear consensus to hold it at 5%." "There is so
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WTO forecasts rebound in global trade but keeps geopolitical risks in focus
The World Trade Organization on Wednesday said that it expects global trade to rebound gradually this year, before rising further in 2025, as the impacts of higher inflation fall into the rearview mirror. In its latest "Global Trade Outlook and Statistics" report, the WTO forecast that total global
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Pull-up Update