Jeames
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Germany Retail Sales Unexpectedly Fall In February
Germany's retail sales posted an unexpected decline in February, data from Destatis revealed on Thursday. Retail sales decreased 1.9 percent from January, confounding expectations for an increase of 0.3 percent. On a yearly basis, retail sales decreased 2.7 percent in real terms, worse than economis
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Portfolio rebalancing and reflation trades emerge into Q2 [Video]
European stocks renewed record on Wednesday, the US dollar consolidated gains and the S&P500 stocks got a late-session boost. Yesterday’s price action pointed at a possible end-of-quarter portfolio rebalancing as the session saw the laggards of the quarter like Apple and Tesla gain, and the star
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GBP/USD attracts some sellers below 1.2620 on Fed Waller’s hawkish comments
GBP/USD remains under pressure around 1.2614 following hawkish comments from Fed’s official on Thursday. Fed’s Waller said there is no rush to cut the rate and may need to maintain the current rate for longer than expected. The dovish comments from BoE’s Bailey about rate cuts weigh on GBP. Investor
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China Industrial Profits Increase
China's industrial profits increased notably in the first two months of the year driven by the improvement in the manufacturing sector, data from the National Bureau of Statistics showed on Wednesday. Industrial profits grew 10.2 percent in the January to February period from the previous year. This
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Forex Today: Japanese Yen trades at multi-decade lows, markets look for next catalyst
Here is what you need to know on Wednesday, March 27: The Japanese Yen (JPY) continued to weaken against the US Dollar (USD), with USD/JPY reaching its highest level since 1990 near 152.00 early Wednesday. Investors will keep a close eye in the pair's action amid growing risk of a central bank inter
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XAUUSD: Today’s Analysis and Strategy
#XAU/USD# Gold technical analysis The resistance above the daily level is 2250 and the support below is 2145. The resistance above the four-hour level is 2208 and the support below is 2177-50. Gold operation suggestions: The gold European market surged higher and reached the 2200 mark
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Pull-up Update