GBPUSD dailyThe pound is slowly chewing through last week's losses.It's trading at a session high, up 79 pips to 1.2646 in the second day of gains. It comes after a tough three day stretch late last week that sent it to the lowest since May.This week, the US dollar...
US October durable goods orders MoM 0.2% vs 0.5% expected
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US October advance wholesale inventories +0.2% vs -0.2% prior
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US October advance goods trade balance -$99.1 billion vs -$108.7 billion prior
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US Q3 GDP (second estimate) +2.8 vs +2.8% expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
US initial jobless claims 213K vs 216K estimate
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What is driving the FX markets technically. A look at the major currency pairs today
As the North America session begins the USD is lower, US yields are lower and the broader indices are lower (although the Dow is trading above and below unchanged). Crude oil is marginally higher after an up and down day on Tuesday. Gold is higher after rebounding by...
ForexLive European FX news wrap: Dollar eases lower ahead of US data flurry
Headlines:Markets:JPY leads, USD lags on the dayEuropean equities lower; S&P 500 futures down 0.1%US 10-year yields down 4.1 bps to 4.261%Gold up 0.8% to $2,652.44WTI crude up 0.5% to $69.09Bitcoin up 1.5% to $93,037There weren't any major headlines on the...
Aventus Introduces Blockchain Factory for Effortless Enterprise Blockchain Adoption
Aventus, a leader in enterprise blockchain technology and parachain on Polkadot, today announces the launch of its Blockchain Factory: a platform designed to help businesses deploy bespoke blockchain networks with advanced features and seamless integration into...
Pepeto Unveils Innovations in the Memecoin Space Ahead of 2025
As Bitcoin flirts with the $100K milestone, the crypto market is gearing up for the next cycle. Historically, this surge in BTC’s value leads to altcoins pumping, followed by liquidity flowing into the memecoin sector. With this momentum, memecoins offering compelling...
Simplifying Trading with IronFX TradeCopier
As the global online trading landscape constantly evolves, with new trends emerging all the time, brokerages are having to rise to the challenge by delivering the best products and services to adapt to shifting trader preferences.One particular area that has...
Trust Wallet Introduces World of Dypians (WOD) on Trust Wallet Launchpool
Trust Wallet, a leading self-custody Web3 wallet trusted by over 140 million users, has announced the third project under Trust Wallet Launchpool, featuring the reward token $WOD.$WOD is the native token of World of Dypians, a MMORPG available on Epic Games, set in a...
US MBA mortgage applications w.e. 22 November +6.3% vs +1.7% prior
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
GBPUSD Technical Analysis – Key levels in focus for a potential pullback
Fundamental OverviewThe US Dollar remains the strongest currency but overall, we haven’t got much action in the past couple of weeks due to the lack of key catalysts and the market’s pricing remaining largely unchanged around roughly three rate cuts by the end of 2025...
Gold bounce today keeps buyers interested going into month-end
On the month itself, gold is still down around 3.5% and poised for its first monthly loss since June. And if this holds, it would be the biggest monthly loss for the precious metal this year. That says a lot about how bullish sentiment has been for gold during the...
Germany December GfK consumer confidence -23.3 vs -18.6 expected
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What is the distribution of forecasts for the US PCE?
Why it's important?The ranges of estimates are important in terms of market reaction because when the actual data deviates from the expectations, it creates a surprise effect. Another important input in market's reaction is the distribution of forecasts. In fact,...
Is Visa Stock a Buy or Sell?
📈 Is Visa Stock (V) Still a Buy After a 25% Rally?Visa Inc. (V) has experienced a remarkable 25% rise since its summer 2024 earnings. This rally has solidified its status as a dominant player in the payments industry, but the key question remains: Is Visa a buy, hold,...
Switzerland November UBS investor sentiment -12.4 vs -7.7 prior
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ECB’s Schnabel: Easing too much would use up valuable policy space
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...