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Economics

German Industrial Production falls 0.7% MoM in March vs. 0.5% expected
Germany’s industrial sector activity fell sharply in March, the latest data published by Destatis showed on Friday. Industrial Output, in…
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Forex

EUR/GBP holds losses near 0.8650 after weaker German Industrial Production data
EUR/GBP loses ground to near 0.8650 in Friday’s early European session. German Industrial Production falls 0.7% MoM in March, weaker…
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Forex

Japanese Yen gathers strength on reports of FX intervention during May holidays
USD/JPY edges lower to near 156.85 in Friday’s Asian session. Japanese authorities intervened in the FX market again during the…
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Forex

EUR/JPY – Hovers around 184.00 as near-term bearish bias maintains
EUR/JPY may fall toward the 11-week low around 181.87. The 14-day Relative Strength Index stands at 41.75, signaling persistent downside…
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Markets

Gold sticks to gains below two-week top on softer USD; focus remains on US NFP
Gold regains positive traction and moves back closer to an over two-week high set on Thursday. Hopes for a US-Iran…
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Forex

AUD/JPY Advances on improved risk sentiment, holds bullish bias above 100-day EMA
AUD/JPY gains ground near 113.20 in Friday’s early European session. The positive outlook of the cross remains intact above the…
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Forex

USD/CHF stays above 0.7800 as US Dollar steadies on market caution
USD/CHF stays firm as the US Dollar holds steady amid caution following US strikes on Bandar Abbas and Qeshm Island.…
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Markets

US Nonfarm Payrolls expected to rise by 62K in April
Nonfarm Payrolls are expected to rise by 62K in April. The Unemployment Rate is seen holding steady at 4.3%. The…
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Markets

Market wrap – Oil slips below $100 supporting optimism across European and US stocks
Stoxx Europe 600 futures are rising more than 0.2%, with European equities extending positive momentum after record highs on Wall…
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Markets

Market Talk – Oil hovers around $100 as we wait for news on Iran deal
The market remains in a bullish mood as we wait for further details on whether a deal will be agreed…
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