Gissing

Share: I remember taking my first economics course in college and feeling like I had just unlocked the key to understanding how the world works. I’m especially talking about the macroeconomic part of the course. Macroeconomics, for the uninitiated, involves the study of large-scale economic issues,

Business sentiment in South Korea improved for the first time in three months in September, though marginally, the latest survey from the Bank of Korea showed on Wednesday. The Business Survey Index on business conditions in the manufacturing sector rose to 68 in September from 67 in August. Neverth

Share: Key highlights EUR/USD extended losses and traded below 1.0650. A key bearish trend line is forming with resistance near 1.0700 on the 4-hour chart. EUR/USD technical analysis Looking at the 4-hour chart, the pair settled below the 1.0700 level, the 100 simple moving average (red, 4 hours), a

The U.S. dollar firmed against its major counterparts on Friday as weak PMI data from across the globe pushed up the demand for the safe-haven currency. Recent hawkish statement by the Federal Reserve contributed as well for the greenback's uptick. After climbing higher to 105.78 in the European ses

Share: BoJ dovish stance hits the yen. UK services PMI weakness drives GBP lower following BoE meeting weakness. US markets keep close eye on latest PMI release. The Bank of Japan have highlighted their unpredictable nature overnight, with the widely expected rate hold coming alongside comments that

Share: NZD/USD struggles to preserve its modest intraday gains, though the downside remains limited. The risk-on impulse prompts some USD profit-taking and lends support to the risk-sensitive Kiwi. The lack of follow-through buying warrants some caution before positioning for any further gains. The

Share: EUR/USD extends losses on ECB’s signaling the ending of the current rate-hike cycle. ECB President Christine Lagarde emphasized more on how long the current interest rates will be maintained. US Dollar Index (DXY) reached near its six-month high after the US economic data on Thursday. EUR/USD