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How Forex Traders Use ISM Data
How Forex Traders Use ISM Data
2022-10-05 10:00:00
Forex traders closely watch ISM monthly manufacturing reports. Learn to trade using ISM data.
Gold Price Rally Blocked by Resistance, Key US Jobs Report Nears
Gold Price Rally Blocked by Resistance, Key US Jobs Report Nears
2022-10-05 09:30:28
The precious metal has been on a strong run of late, fueled by lower US rate expectations. Traders are now looking ahead to the latest US jobs report.
British Pound (GBP/USD) Forecast: PM Truss in Focus Ahead of UK and U.S. Services PMI’s
British Pound (GBP/USD) Forecast: PM Truss in Focus Ahead of UK and U.S. Services PMI’s
2022-10-05 07:59:18
Key services data for the UK and U.S. dominates the economic calendar while PM Liz Truss conference speech aims to restore confidence within her party. Cable tests 1.15.
Euro Holds High Ground as US Dollar Subdued on Market Optimism. Where to for EUR/USD?
2022-10-05 05:00:00
The Euro is approaching parity again after US Dollar gave up some ground in light of a rosier outlook on the back of a perceived peak in hawkishness. If the Fed talks tough again, will EUR/USD head lower?
Dollar Slide Aligns to Rebound in Risk Trends but What About Rates and Recession Forecasts?
2022-10-05 03:00:39
Risk appetite has extended its exceptional start to October and the fourth quarter with the S&P 500 earning its biggest two-day rally since April of 2020. Given the lack of tangible fundamental support behind this move, I remain dubious of its consistency. That said, the Dollar’s retreat from two-decade highs may offer valuable tracking.
Crude Oil Price Climbs Ahead of OPEC+ Meeting and a Sunny Outlook. Where to for WTI?
2022-10-05 02:00:00
Crude oil continues to nudge higher in anticipation of flagged OPEC+ production cuts and the positive mood for markets more broadly. If supply is constrained will WTI go higher?
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