The US will release three high-impact economic indicators during the week's last session, bringing high volatility to USD pairs, particularly against other major FX currencies.
In the morning, the US will announce Retail Sales YoY for September; they are expected to drop from a previous 9.1% to 8%. Retail Sales MoM is also expected to fall; the analyst's...
The US will release a series of high-impact economic indicators related to inflation and the labor market during the trading session, which will bring high volatility to major Forex pairs.
The US will release: Consumer Price Index, which is expected to increase from 296.171 to 296.43; a higher figure will be positive for the USD as it suggests high economic...
The pound is on a four-day losing streak against the USD, and the general trend is downwards once again; the pair is losing the gains it made during the previous weeks. The price trades below the short and long-term moving averages, suggesting that the price could sink further down.
The Bollinger bands are wide, allowing high volatility in the short term;...
AUDUSD lost 0.74% in the last trading sessions of the week, and it's on a four-day losing streak; the USD strengthened after the 10-year treasury yield climbed to 3.88%. The pair continues on a downward trend, and the price broke the support level at $0.63633, reaching a new low in over two years.
The Bollinger bands are wide and moving downwards, suggesting that...
NZDUSD is resuming the downtrend despite weak results from the US Initial Jobless Claims; the pair could find support at $0.55653. RSI is close to entering an oversold status which could change the market sentiment. Bollinger bands are wide and moving down, strengthening the short signals.
The US dollar strengthened after Minneapolis Fed President Neel Kashkari...
GBPUSD lost ground after a six-day winning streak; the USD regained strength with the release of S&P Global Services PMI and ISM Non-Manufacturing PMI, which showed a better performance than the previous month, strengthening the USD.
The pair is still on a downtrend as the long-term moving average is above the current price; the pair found strong resistance at...
The euro is gaining ground against the USD, and it is up 3.95% in the last five trading sessions. The pair is getting close to reaching parity, currently at 0.99831. High-impact economic indicators suggest that the US economy is finally slowing down.
The US released ISM Manufacturing PMI in the previous session; the result came short of expectations, which hurt...
AUDUSD + 1.83%
The Aussie strengthens against the USD amid the upcoming Reserve Bank Of Australia Interest Rate Decision. The USD lost ground to most major Forex pairs during the session after high-impact economic indicators suggested that the US economy might be slowing down. US manufacturing data showed weak figures, the US Bond Yields dropped, and the Stock...
The New Zealand Dollar lost the gains it made in the two previous trading sessions against the US dollar. The kiwi gained 1.76% when the US 10-year Treasury Note spiked earlier in the week. After the US released high-impact economic indicators, the NZD lost strength, and the USD is having a solid week against most major currency pairs.
The US released the...
The US dollar is losing ground to some currency pairs after the US 10-year treasury Note spiked in the previous trading session. The Chinese Yuan gained 2.44% after reaching a 14-year high yesterday.
The US released Initial Jobless claims this morning, and the result came out at 193K, a better than the expected figure by 22K; analysts anticipated a 215K. The...
The SwissFranc is gaining ground over the US dollar, but we could see the SwissFranc lose ground after the fundamental news release from the US. They are releasing Initial Jobless claims in tomorrow's trading session; the previous week's figure reached 213K, and analysts expect this week's number to increase to 215K. The US has a very solid labor market that has...
The Aussie continues losing ground to the USD; the pair is on a three-day losing streak, and it reached a level we had not seen since May 2020. AUDUSD is down 6.75% in the last eleven trading sessions; we could see the pair sink lower with the release of a high-impact economic indicator from AU later in the day.
Australia will announce the Retail Sales MoM for...
