EUR/USD wobbles around 1.0300 as the US Dollar consolidates while traders re-evaluate the Fed’s likely interest rate outlook for the entire year. Traders see at least one interest rate cut this year after mixed US inflation data for December. ECB’s
January 16, 2025
Image source: Pixabay US core CPI was a little softer and accompanied by a slide in Empire manufacturing. This was enough to keep the US Dollar under some pressure, and enough to inspire renewed demand for stocks on hopes this would
Image Source: Unsplash USD/CAD regains positive traction on Thursday and draws support from a combination of factors. Retreating Oil prices undermines the Loonie and acts as a tailwind amid reviving USD demand. Traders now look to the US monthly Retail
On Monday, the S&P 500 officially made a round trip back to the same levels as election eve. The equity rally that kicked off when Donald Trump won the election has been erased. The financial media blames the recent dump
Bearish view Sell the GBP/USD pair and set a take-profit at 1.2000. Add a stop-loss at 1.2325. Timeline: 1-3 days. Bullish view Buy the GBP/USD pair and set a take-profit at 1.2315. Add a stop-loss at 1.2096. The GBP/USD exchange
Asian markets traded higher following an overnight rally on Wall Street. Japan’s Nikkei 225 gained 0.61%, while the Topix rose 0.23%.US stock market ended higher on Wednesday, with all three major indexes registering their biggest daily percentage gains in more
