Peacock

EUR/USD declines on Monday, settling near 1.0210 as its losing streak stretches to five days. RSI drops to 32, hovering close to oversold territory, while the MACD histogram prints rising red bars. The pair dives below 1.0250, marking the lowest level since November 2022 and signaling persistent bea

GBP/USD struggles to register any meaningful recovery and seems vulnerable to slide further. Stagflation fears and UK fiscal concerns continue to weigh on the GBP amid a bullish USD. The upbeat US jobs data reinforced hawkish Fed bets and pushed the USD to a two-year top. The GBP/USD pair enters a b

USD/JPY hovers near 158.00 as it retreaces due to US economy creating 256,000 jobs last month, surpassing the forecasts. The US unemployment rate drops to 4.1%, with average hourly earnings slightly decreasing, influencing Fed rate cut projections. The US 10-year Treasury yield sees volatility, peak

The Swiss franc has started the week with gains. In the North American session, USD/CHF is trading at 0.9048, down 0.40% on the day at the time of writing. The Swiss franc rose as much as 0.86% but has pared much of those gains. Retail sales in Switzerland climbed 0.8% y/y in November, missing the m

EUR/GBP gains ground following the economic data from Germany, the Eurozone's largest economy. Germany's Retail Sales grew by 2.5% YoY in November, exceeding the expected 1.9% increase and outperforming the 1.0% growth in October. The Pound Sterling may strengthen as traders expect the BoE to implem

The market is showing signs of discomfort with the implication of yet another round of stronger economic data out of the US. On Tuesday, JOLTs job openings and ISM services both exceeded expectation. Looking ahead, we get German factory orders, German retail sales, Eurozone confidence and sentiment

The CAD is holding a minor gain on the broadly softer USD. Yesterday’s CAD rally stalled after Trudeau confirmed he was stepping aside and Trump indicated that there would be no relenting in the application of tariffs, countering the earlier story in the Washington Post that had suggested a more sel