Tag: New York

EUR/USD is currently trading within the range of 1.0330 to 1.0609. The short-term bias is neutral with a preference for further decline. A break below 1.0330 would signal a continuation of the downtrend from...

EURJPY has been experiencing a downward trend for the fourth consecutive week, showing signs of bearish control. After reaching the 159.00 level on Wednesday, the currency pair retraced more than half of its September-October...

In October, personal income in the United States increased by 0.6% compared to the previous month, surpassing the expected 0.3% rise. This growth amounted to a total increase of $147.4 billion. At the same...

The European Central Bank (ECB) Executive Board member Isabel Schnabel has expressed a cautious stance on the current accommodative monetary policy. Despite the recent dovish sentiment within the central bank, Schnabel believes that the...

The US 100 index is currently trading sideways, just below its all-time high, as it grapples with the August 5, 2024 trendline. Market sentiment remains cautiously bullish, with investors closely monitoring geopolitical tensions and...

The EUR/USD mid-day analysis shows that the intraday bias remains neutral and the outlook is unchanged. While there may be more consolidations above the temporary low of 1.0330, a further decline is expected as...

Minneapolis Federal Reserve President Neel Kashkari recently shared his thoughts on the upcoming December meeting, hinting at the possibility of a rate cut. In an interview with Bloomberg TV, Kashkari mentioned that a 25-basis-point...

The recent appointment of Scott Bessent as the US Treasury Secretary has had a significant impact on the bond market. Bessent has proposed a plan to reduce the government deficit to 3% of GDP,...

The latest PMI figures were just released, and unfortunately, they were not as positive as analysts had hoped. Both the Flash Manufacturing PMI and Flash Services PMI for Germany and France fell below the...

Gold (XAUUSD) has been showing an interesting Elliott Wave pattern in the short term. The recent rally ended at 2790.07, marking the completion of wave ((3)). This was followed by a pullback in wave...