Consolidates near 1.0900 as bulls take a breather
EUR/USD was seen circulating around the 1.0900 region after the European session, moving side by side with a neutral momentum. Despite the recent strong gains, the couple struggles to expand…
EUR consolidates gains – Scotiabank
Euro Thabet per day, Sean Osborne, Senior Strategic Expert at ScotiaBank in ScotiaBank. Euro maintains the upscale tracking “German data revealed earlier an increase in industrial production expected (2.0 %…
USD/CAD consolidates above 1.4300 mark; upside potential seems limited
The US dollar is struggling to get any useful traction and hanging near two weeks. The wrong oil prices and BOC expectations from LONIE and CAP are undermined for the…
Gold consolidates with China’s countermeasures on US imposed tariffs over the weekend
Gold saw a fresh record at $ 2,830.70 on Monday. China criticized us and slapped anti -imports on US imports on Tuesday. Gold goes sideways with mixed markets in the…
AUD/USD consolidates around 0.6220 as US Q4 GDP takes centre stage
AUD/USD is traded on 0.6200 from the Data of GDP Q4. The Federal Reserve led a cautious position on interest rates, amid fears of inflation. Market participants are confident that…
Slower inflation consolidates case for cuts – ING
Swedish inflation figures released this morning were less hot than expected, with the headline CPIF slowing to 1.5% and the main core measure (CPIF excluding energy) slowing from 2.4% to…
AUD/USD consolidates around 0.6200 ahead of US ISM Manufacturing PMI
The AUD/USD pair is trading back and forth around the 0.6200 level as investors focus on the US ISM Manufacturing PMI data. The Fed has signaled fewer interest rate cuts…