Where Is the GBP Standing After Employment and GDP Data?
GBP/USD made a strong bearish reversal this week after a strong rally last week. But the decline stalled in anticipation of UK GDP report Full Article
EUR/JPY Down to 160 As After Positive GDP Revisions from Japan
EUR/JPY has been on a massive rally since 2020, but it retreated 3 cents lower last week and now sellers are facing the 160 level Full Article
Q4 US GDP Revised Lower, Sends USD Retreating
Yesterday the US Dollar was trying to make a comeback, but the lower revisions of the US GDP for Q4 ended the bullish rally and the USD... Full Article
Forex Signals Brief Feb 29: Focusing on US PCE Inflation, Canada GDP
Yesterday the RBNZ meeting was the highlight, today we have the Canada GDP and US PCE inflation Full Article
Q1 US GDP Revised Higher by Atlanta FED
Today we had a number of data releases from the US, which came on the soft side. However, the US GDP for Q1 was revised up by Atlanta FED Full Article
Japan Plunges into Recession: Yen and Global Impact in Focus
Japan's economy unexpectedly slipped into a technical recession, raising concerns for the nation's future and impacting the global landscape Full Article
Inflation, US Elections, and Liquidity: Navigating a Volatile 2024 in Global Markets
According to a recent survey by JPMorgan, inflation and the US presidential election are poised to be the main drivers of global markets in Full Article
USD Continues to Progress After Higher US Q1 GDP Revisions
Fundamentals are turning in favour of the USD as Q1 GDP gets revised higher while the debt ceiling issue is finding a solution Full Article
GBP/USD Ends the Week at 1.2450 Resistance After A Soft GDP Report
GBP/USD reversed lower in the last two days of the week and closed at the previous resistance level at 1.2450 after the BOE and GDP numbers Full Article
Will the 50 MA Reverse Crude Oil Back Down?
Crude Oil made a comeback toward the end of last week, although the 50 SMA stopped the buyers just below $77 Full Article
USD/CAD Continues Declining Trend After Strong Canada GDP Numbers
USD/CAD lost three cents last week as risk sentiment improved and the price headed for 1.35 Full Article
GBP/USD Breaks the Pattern of Lower Highs After the UK January GDP Report
GBP/USD continues to remain bearish as highs keep getting lower while the GDP report released today didn't help much Full Article
USD/CAD Resumes Uptrend as Canadian Economy Slows
Canadian GDP posted a slight contraction in December while falling flat in Q4 which is keeping the Canadian dollar bearish Full Article
Main Events in the Weak Ahead Expected – Inflation and GDP Reports
We have some important economic events this week, although crude Oil is under spotlight as China's economy should show a rebound Full Article