Germany October final services PMI 46.5 vs 44.9 prelim
Previous 5.0 Composite PMI 5.1 vs .1 Initial Previous 5.7 The revision higher indicates that business is contracting more slowly than in September, but overall conditions are still quite moderate.…
USD/JPY: BREAK ABOVE 149.35 TO SET UP A TEST OF THE OCTOBER 21 HIGH NEAR 15 – BBH
The British government creates positive business. At the end of last week, GBP / USD continued to attack new highs, as the British government made no major mistakes. Ad Photo…
GBP/USD: Weekly Forecast 30th October – 5th November
The British government creates positive business. At the end of last week, GBP / USD continued to attack new highs, as the British government did not make any serious mistakes.…
WTI Crude Oil: Weekly Forecast 30th October – 5th November
West Texas Intermediate rose late last week and is within $88.00 per barrel. Crude oil prices open this week near near-term highs on the West Texas Intermediate. After the weekend,…
Gold Forecast: Continues to Grind Back and Forth
After all, this is a market that continues to decline, especially at the 50-day EMA above. The gold market initially tried to move higher during Thursday’s trading, but has bounced…
USD/JPY Forecast: USD Pulls Back Against Yen
I suspect as of now that the pair will probably be a bit indifferent as we wait to see what language comes out of this meeting. USD/JPY retreated slightly during…
WTI TURNS POSITIVE, HOVERING AROUND $85.00 A BARREL AS THE US DOLLAR TUMBLES
Western Texas Intermediate (WTI) ended the week with a loss of 0.55%. Chinese demand and a soft US dollar supported oil prices. , WTI buyers that fail to break above…
EURUSD: THE EURO RECLAIMED 0.9800 AS FEDERAL RESERVE’S OFFICIALS WOULD TUNE SUBSEQUENT RATE HIKES
The Federal Reserve is laying the groundwork to reduce the scope of US dollar futures. The drop in US bond interest rates weakened the dollar and increased the euro. EURUSD…
GBP/JPY PRICE ANALYSIS: OSCILLATES AROUND 166.11 AMID A RISK-OFF IMPULSE
GBP/JPY erases some of its gains and ends the week up more than 3 percent. GBP / JPY Traders largely ignored UK political turmoil. The cross currency is range bound…
AUD/USD PRICE ANALYSIS: WEEKLY CLOSE BELOW 0.6200 WOULD EXPOSE YTD LOWS
AUD/USD ended the week with a significant loss of 2.61%. On Friday, AUD/USD traded in a 200-point range, ending the week below 0.6200. AUD/USD Price Forecast: Falling to 0.6100 as…