On Friday, the market is looking to trade the manufacturing PMI figures from Eurozone, U.S., and U.K. That’s all the events that will be driving price action in the market today. Besides, the market continues to trade the risk-off sentiment in the wake of Coronavirus. The virus has killed over 2,200 people in China and […]
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On Thursday, the U.S. dollar was absorbing up funds during the Asian session following an abrupt and sudden drop in the Japanese yen. Its safe-haven status is being called into question, and eventually, it’s spooking traders out of local assets. Moreover, China announced a reduction in new diseases on Thursday. Still, experts advised the pathogen […]
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On the forex front, the U.S. Dollar Index climbed 0.5% on the day to 99.45. The U.S. Federal Reserve will release its latest monetary policy meeting minutes. The U.K. Office for National Statistics will release January CPI (+1.6% on-year expected). The U.S. Commerce Department will post January housing starts (1.42 million units expected) and building […]
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On Tuesday, the investors focus stays on the U.K. labor market report and German ZEW economic sentiment. At the USD front, the greenback continues to gain support and hit the fresh 4-month high across its main competitors at 99.24 earlier today. It’s mainly due to the market risk-sentiment getting worse time by time in the […]
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On the Forex front, the U.S. Dollar Index moved up 0.1% to 99.10, lifted by stronger-than-expected U.S. inflation figures. Also, the ICE U.S. Dollar Index turned up by 0.1% on the day, to 99.10, driven by stronger-than-expected U.S. inflation release. Let’s take a look at today’s trade plan. Economic Calendar BTC/USD – Daily […]
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On the forex front, the U.S. Dollar Index edged up 0.1% on the day to 99.10, supported by stronger-than-expected U.S. inflation data. On the forex front, the ICE U.S. Dollar Index edged up 0.1% on the day to 99.10, backed by stronger-than-expected U.S. inflation data. Let’s take a look at today’s trade plan… Economic Calendar […]
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On the forex front, the U.S. Dollar Index rose 0.3% on the day to 99.01. The German Federal Statistical Office will release the final readings of December CPI (+1.5% on-year expected). France’s INSEE will report a 4Q jobless rate (8.5% expected). The U.S. Labor Department will report January CPI (+2.4% expected), and initial jobless claims […]
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On the forex front, the U.S. Dollar Index eased from a four-month high, slipping 0.1% on the day to 98.75, as the Fed flagged risks to the economy from the spread of coronavirus. The U.S. Federal Reserve Chairman Jerome Powell will testify before the Senate Banking Panel. The European Commission will report December industrial production […]
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On the forex front, the ICE U.S. Dollar Index climbed for a fifth consecutive session to a four-month high of 98.70, supported by a solid jobs report. The Eurozone Sentix Investor Confidence Index for February will be reported (5.9 expected). The Bank of France will post January Industry Sentiment Indicator (97 expected). Economic Calendar […]
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On the forex front, the U.S. dollar extended its rally for a fourth straight session ahead of the closely eyed nonfarm payrolls report due later today. The ICE Dollar Index gained 0.2% on the day to 98.47. The U.S. Labor Department will release the January nonfarm payrolls report (+163,000 jobs, jobless rate steady at 3.5% […]
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