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EUR/GBP EURGBP stands at the back foot on Monday and retraces more of Thursday’s jump, signaling that near-term correction (off 0.8260 low) might be over. Larger downtrend remains intact, with firmly bearish daily studies (MA’s in full bearish configuration, 14-d momentum moved into negative territo

The Australian dollar is drifting on Tuesday. In the North American session, AUD/USD is trading at 0.6461, down 0.20% on the day at the time of writing. Australia’s GDP expected to improve in Q3 Australia’s economy is expected to improve in the third quarter, with a market estimate of 0.4% q/q. This

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Following another print in US NFP jobs data, markets will pivot to face rate calls from several central banks next week and fresh inflation updates from both the US and China. The US Dollar Index (DXY) spent most of the week on the low end, but made a late recovery on Friday to end the week near the

Mexican Peso drops 0.37% as November Business Confidence in Mexico worsens, signaling economic slowdown. A Banxico survey shows inflation likely to stay below 4%, but the economy will miss expectations of growth above 2% in 2024. US Dollar supported by stronger ISM Manufacturing PMI and Trump’s tari

The German economy grew by a meagre 0.1% quarter-on-quarter in the third quarter, just avoiding an official technical recession. However, the latest developments suggest that a winter recession is still looming. The positive surprise just got less positive. The second estimate of German GDP growth i

EUR/JPY drops to its lowest level since October in reaction to stronger Japan’s CPI on Friday. Reviving December BoJ rate hike bets and geopolitical tensions benefit the safe-haven JPY. Expectations for more aggressive rate cuts by the ECB undermine the Euro and the cross. The EUR/JPY cross attracts