Eurozone PMI Manufacturing dropped from 61.5 to 58.7 in September, below expectation of 60.4, a 7-month low. PMI Services dropped from 59.0 to 56.3,...
WTI futures are climbing above the Ichimoku cloud and the bullish crossover within the 20- and 40-day simple moving averages (SMAs), challenging again the...
Germany PMI Manufacturing dropped from 62.6 to 58.5 in September, below expectation of 61.3, an 8-month low. PMI Services dropped from 60.8 to 56.0,...
By Tom Westbrook
SINGAPORE (Reuters) - The dollar was supported on Monday in cautious trade as worries of an immediate widening of the Sino-U.S. trade...
Pivot (invalidation): 60.15 Our preference Short positions below 60.15 with targets at 58.65 & 58.15 in extension. Alternative scenario Above 60.15 look for further...
STOCKS Equity indices are regaining strength across the world. The crucial long-term supports on the major indices that we had mentioned earlier are holding very well now. All major indices, the Dow, DAX, Nikkei, Shanghai,...
In light of the recent price action, NZD/USD could extend its recovery further north, suggested FX Strategists at UOB Group.
Key Quotes
24-hour view: “We highlighted...
Traders started preferring riskier assets on comments from the US President and his Chinese counterpart.
The US data and uncertainty surrounding the US-China trade deal...
ECB President Christine Lagarde said the forecasts of 3.9% GDP growth this year in Eurozone is “still very plausible”, despite resurgent in coronavirus infections....
Markets Failure to take out support levels in both EUR/USD and EUR/GBP triggered return action higher in thin Summer trading conditions. EUR/USD 1.1704/1.1695 support...
Oil also recovers on stimulus hopes Oil prices recovered overnight, boosted by OPEC+’s JMMC holding its nerve on production cuts, and rising expectations that a...
Technical analysis The price action surrounding the USDCAD pair looks heavily bearish and large drop below the 1.2500 level could take place anytime. The Commodity...
