The Consumer Price Index (CPI) for December rose 0.2% as expected, and the Core Consumer Price Index (CPI) in December dropped to 0.1% from expected 0.2% ad weighed on the U.S. dollar. After the release of Core CPI from the United States moved EUR/USD prices a bit upward to recover some of its day’s losses. […]
Read More
The U.S. dollar opened the week held by faith on the Sino-U.S. trade aspect, while the pound staggered lower following weekend signs at an interest rate decreased from a BOE (Bank of England) policymaker. A U.S.-China trade agreement is expected to be employed at the White House on Wednesday, though rumors on a phase two-pack […]
Read More
On Mondy, the U.S. dollar continues to trade with bearish bias after the disappointing data from the labor market of the U.S. At 18:30 GMT, the closely watched Non-Farm Employment Change, which measures the number of employed people during December was released. It showed a decline to 145K from the expected 162K and weighed on […]
Read More
On Friday, the market participants’ primary focus stays on the U.S. NFP data, which is due to come out during the U.S. session. At 18:30 GMT, the Unemployment Claims form the United States Department of Labour for the previous week showed that the jobless claims decreased to 214K from the expected 221K and supported the […]
Read More
On Thursday, the U.S. dollar is trading with a bullish bias as speech from U.S. President Donald Trump. Besides, the ADP Non-Farm Employment Change for December exceeded the expectations of 160K and came in as 202K. The growth in employment data of the United States in the ending month of last year gave the impression […]
Read More
The U.S. Iran tensions remain the main highlights of the day. Iran has ignited over a dozen rockets at two Iraqi military camps treating U.S. troops. The missiles amid the Ain al-Assad first in Anbar territory and Erbil’s airport in northern Iraq in retaliation for the assassination of prime Iranian commander Qassem Soleimani by the […]
Read More
The dollar has weakened over U.S. Iran tensions, which is underpinning the EUR/USD prices today. The U.S. airstrike killed top Iranian commander, the tensions between Iran & the United States escalated and caused a sudden drop in the Government bond yields across Euro bloc. On Tuesday, the market is trading with the risk-off sentiment, driving […]
Read More
The dollar has weakened over U.S. Iran tensions, which is underpinning the EUR/USD prices today. The U.S. airstrike killed top Iranian commander, the tensions between Iran & the United States escalated and caused a sudden drop in the Government bond yields across Euro bloc. On Monday, the market is trading with the risk-off sentiment, driving […]
Read More
On Friday, the U.S. dollar bounced off fresh weakness as gloomy economic headlines from Europe and the U.K. hefted on primary opponents. Besides, the figures due later in the session are anticipated to lead to some growth in the U.S. manufacturing sector. The U.S. dollar snapped a six-session losing flare to trade around 96.747, surging […]
Read More
The trading volume still remains low, but we got technical setups that we can trade during this timeframe. The development over the US-Sino trade deal and the global growth outlook decreased the demand for the dollar. The thin volume of trades at the end of the year increased the weakness of the U.S. dollar and […]
Read More
