Forex Market

The EUR/USD pair experienced a period of mild losses on Wednesday, ultimately settling near the 1.0800 level after the European trading session closed. Despite this intraday softness, the pair remains entrenched within a broader bullish trend, characterized by its sustained position above key upward-sloping moving averages. This alignment suggests underlying …

The UK’s economic growth forecast for 2025 has been revised downward to 1.0%, according to Finance Minister Rachel Reeves. The announcement, made on Wednesday, cites updated estimates from the Office for Budget Responsibility (OBR). This new projection marks a sharp decline from the previously expected 2.0% growth, which was part …

U.S. stock index futures edged lower on Wednesday as investors remained cautious ahead of key economic data and trade tariff updates from President Donald Trump. Market Performance (06:00 ET / 10:00 GMT) Dow Jones Futures: -57 points (-0.1%) S&P 500 Futures: -11 points (-0.2%) Nasdaq 100 Futures: -55 points (-0.3%) …

Gold prices edged lower in Asian trading on Wednesday, as traders took profits while awaiting further clarity on U.S. President Donald Trump’s trade tariffs and key U.S. economic data. Gold Market Performance: Spot Gold: Down 0.1% at $3,015.73/oz Gold Futures (May Expiry): Down 0.2% at $3,048.25/oz Despite the dip, gold …

U.K. inflation rose less than expected in February, easing some pressure on Chancellor Rachel Reeves as she prepares to deliver her Spring Statement to Parliament. Key Inflation Figures: Annual CPI: +2.8% (vs. 3.0% expected, down from 3.0% in January) Monthly CPI: +0.4% (vs. 0.5% expected, following -0.1% in January) Core …

Dollar/Yen Drops as US Treasury Yields DeclineThe Dollar/Yen exchange rate experienced losses from the start of Tuesday’s trading, influenced by the downward trend in US Treasury yields, to which the pair has a direct correlation. The decline in sovereign bond yields was attributed to a drop in US consumer confidence.Impact …

The eurozone’s economic outlook is brightening as the composite Purchasing Managers’ Index (PMI) for March climbed to 50.4, up from 50.2 in February, signaling continued expansion in private sector activity. This uptick, driven largely by renewed optimism in Germany’s manufacturing sector, marks a strong finish to the first quarter of …

US stocks are attempting a cautious recovery on Tuesday, navigating a landscape fraught with negative pressures. These include a confluence of lackluster economic data and recent statements from the Federal Reserve, signaling a potential inclination to maintain current interest rate levels for an extended period.Adding to investor concerns, the Conference …

The US Dollar is navigating a volatile landscape, as geopolitical tensions and a series of concerning economic indicators exert downward pressure. The US Dollar Index (DXY), a key metric tracking the greenback against a basket of six major currencies, has retreated below the critical 104.00 level after a brief attempt …

A creeping unease is settling over the U.S. economic landscape, with whispers of “stagflation-lite” now circulating among market observers. The term, a chilling reminder of the economic turmoil of the 1970s, describes a period of simultaneous high inflation and high unemployment – a scenario many hoped was consigned to history. …