Tag: Economic indicators

The EUR/USD pair saw a rise from a short-term low of 1.0760 last week, reaching 1.0904 before retreating. This week, the initial bias has turned neutral. There may be more consolidation above 1.0760, and...

The latest economic data in the US has caused some turbulence in the markets. The US October non-farm payrolls came in at +12K, falling far short of the expected +113K. This led to an...

The Canadian job market is expected to show signs of continued weakness in the upcoming employment report for October. While there may be an increase of around 15,000 jobs, this growth is not expected...

The US manufacturing sector experienced a decline in October, with the ISM Manufacturing PMI dropping from 47.2 to 46.5. This was below the expected 47.6 and marked the lowest level since July 2023. It...

Italian ECB Governing Council member Fabio Panetta recently spoke about the importance of easing monetary conditions in the Eurozone due to concerns about economic weakness and declining inflation. He emphasized the need to address...

In the latest Eco Data Report, several key events and their corresponding data were analyzed in the Forex Market. Let's take a closer look at the numbers:Australian Dollar (AUD): - Monthly CPI Y/Y Sep: Actual...

The EUR/USD pair experienced a notable fall recently after being rejected by the 55 4-hour Exponential Moving Average (EMA) at 1.0832. Despite this, it managed to stay above the temporary low of 1.0760. At...

According to Carson Investment Research, October 28 has historically been the best day of the year for the S&P 500. While daily averages may be influenced by unique events, Goldman Sachs also points out...

The Australian dollar to US dollar (AUD/USD) pair continued its decline last week, dropping from 0.6941. The breach of the 0.6621 resistance level indicates a potential bearish reversal in the near term. The initial...

This week is crucial for the US dollar as several key events are set to take place. The Federal Reserve has shifted to a more hawkish stance after cutting rates in September. Economic indicators...