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Services remain in expansion

ISM services showed a slight improvement in the headline number, but the details look better, although the USD continues to slide ahead of t Full Article

5 M
JPY benefiting as a safe haven asset

The JPY is benefiting from the safe haven status again as US economic indictors take a turn for the worse, keeping USD/JPY bearish Full Article

6 M

We are seeing large moves on any decent economic report, which indicates that markets are not certain about a hard or a soft global recessio Full Article

9 M
USD/CAD reached 1.36 after surging more than 200 pips

USD/CAD reached 1.36 yesterday after surging from below 1.34, as Oil prices tumbled lower after the US ISM services Full Article

10 M
When will the RBA start cutting rates?

Yesterday USD buyers returned as risk sentiment turned negative after the stronger US ISM services numbers, while today the RBA raised rates Full Article

10 M
Services are not improving in Europe

Full Article

10 M
The service sector is holding better as the global economy falls into a recession

The USD has been on a strong bearish momentum for more than a week, but yesterday we saw a bullish reversal after strong ISM non-manufacturi Full Article

12 M
The retrace seems to be over for EUR/USD

EUR/USD made a strong comeback since Monday last week, but buyers failed at parity and today we're seeing a strong reversal lower Full Article

12 M
Services remain in expansion

We have seen the USD dive on softer ISM manufacturing and JOLTS jobs in the last two days, so we'll watch ISM services closely today Full Article

12 M
BOC remains very hawkish

The Bank of Canada is expected to raise interest rates by 75 basis points (bps) today, but mind FED members for action in USD/CAD Full Article

1 year
Are services holding up in the US?

The RBA raised interest rates by 0.50% last night, but the main event will be the ISM services which will affect the FED policy Full Article

1 year

We remain short on the German DAX30 index, as it continues to find resistance above at moving averages Full Article

1 year
Unemployment claims expected to remain within range

Full Article

1 year
The service sector is holding better as the global economy falls into a recession

The global economy is heading into a recession, with the US economy already there, but services have remained decent until June Full Article

1 year
US services activity slowing but remains far from contraction

US services are holding up well compared to Europe as the ISM non-manufacturing report for June showed today Full Article

1 year
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