Harriet

Upside momentum on EUR/USD and potential for the breakout towards median Pitchfork trend line... Share: Analysis feed

Euro (EUR) is likely to trade in a range, probably between 1.0345 and 1.0440. In the longer run, current price action is part of a recovery phase that could extend to 1.0480, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note. Recovery phase can extend to 1.048024-HOUR VIEW: “EUR surged two

EUR/USD EURUSD fell on Tuesday morning, erasing about a half of Monday’s 1.3% rally, sparked by decision of President Trump to keep tariffs on hold, against initial plan to impose them from the day one. A breather in the larger downtrend seems to be short lived so far, as correction was minor and ca

Notes/observations - European equity markets opened flat to mixed, reflecting traders read on US Pres Trump's inauguration and policy announcements. Broader market sentiment oscillated between initial relief from his speech, lacking immediate aggressive tariff impositions, to concern over his later

US corporations' hiring plans last year totaled 769,953 workers, the fewest since 2015, according to the labor research firm Challenger, Grey, and Christmas. Private sector data shows that the need to hire new employees for all of last year was the lowest in nearly a decade. The ADP report showed th

XAU/USD Gold price eased from five-week high on Friday, driven by a partial profit-taking at the end of the week, following a three-day rally. The yellow metal was supported by recent US economic data which showed weaker than expected US core inflation numbers in December and revived narrative of mo