Carpenter
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The ECB will conduct a third consecutive 25 bps rate cut
Markets November US CPI data came in bang in line with consensus. Monthly growth of 0.3% for both the headline and the core series resulted in annual readings of respectively 2.7% (from 2.6%) and 3.3% (stable). Contrarians betting on a status quo at next week’s FOMC meeting threw in the towel in abs
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USD/JPY: USD to test 152.45 before the risk of a pullback increases – UOB Group
Scope for US Dollar (USD) to test 152.45 before the risk of a pullback increases. In the longer run, USD must break and hold above 152.45 before further advances can be expected, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note. Above 152.45 further advances can be expected 24-HOUR VIEW:
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DXY: Head and shoulders pattern appears to have formed – OCBC
US Dollar (USD) traded a subdued range overnight in absence of key catalyst. Fedspeaks go into blackout so that puts the focus on data before FOMC next Thursday (19 December). DXY was last at 106.35, OCBC’s FX analysts Frances Cheung and Christopher Wong note. A bearish setup arises on the charts “T
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Gold: complex correction continues | trading opportunities (forex, commodities, indices & btc)
Timestamps: 01:26 – About Us 04:44 – EURUSD 10:45 – Crude Oil 15:15 – Gold 25:43 – SPX (Went up as per analysis) 35:12 – Nifty (Went up as per analysis) 43:36 – Bitcoin (Moving as per analysis) Share: Analysis feed
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EUR/USD: US jobs data and Fed officials statements will lead the pair into a potentially stormy day
The single European currency is trading at the threshold of the 1,06 level in the early hours of Friday morning, in anticipation of a very rich agenda with new jobs in the United States standing out. Signs of fatigue in the US currency remain on the table, giving the European currency the opportunit
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This is another data-overload week, with the US market back in the headlights
Outlook This is another data-overload week, with the US market back in the headlights (JOLTS, ADP, and nonfarm payrolls. We also get ISM PMIs, Australia GDP and late in the week, the U Michigan consumer confidence and eurozone retail sales. Japan household spending might be interesting as contributi
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US Dollar extends correction amid condensed bulk economic data release ahead of Thanksgiving
The US Dollar trades on the back foot at the start of the last normal trading day of the week. With Thanksgiving and Black Friday ahead, Wednesday will release three days’s worth of economic data. The US Dollar Index extends this week’s correction and falls below 106.50 on Wednesday. The US Dollar (
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XAU ! Scalping , trade under 2700 ! The bears will prevail
#XAU/USD# SCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: US President-elect Donald Trump's promise to impose tariffs on imports from Canada, Mexico, and China sparked renewed safe-haven demand for Gold. Meanwhile, Ukraine reported its largest Russian drone
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US CB Consumer Confidence Index improves to 111.7 in October
CB Consumer Confidence edged higher to 111.7 in November. US Dollar Index stays in daily range slightly below 107.00. Consumer sentiment in the US improved in November, with the Conference Board's (CB) Consumer Confidence Index rising to 111.7 from 109.6 in October. The Present Situation Index incre
Pull-up Update
