-
Forex

Trade of The Day – NZD/JPY
Facts:An upward trend has been in force since April 9The bounced off the key support at 84.40 Recommendation: Trade: Long position on…
Read More » -
Forex

EUR/USD recovers as US Dollar falls back after weak US Employment, GDP data
EUR/USD rebounds to near 1.1385 as the US Dollar surrenders some gains after the release of the US ADP Employment…
Read More » -
Forex

Pound Sterling declines against USD despite US economic contraction
The Pound Sterling retraces against the US Dollar to near 1.3350 as the former underperforms across the board. The US…
Read More » -
Economics

US GDP shrinks, as imports surge, but it is not as bad as it seems
US GDP data was weaker than expected for last quarter. The US economy experienced a sharp slowdown, as expected, and…
Read More » -
Economics

EUR/USD Gains on Lower Than Expected ADP Data
13:15 PM BST, United States – Employment Data for April: ADP Nonfarm Employment Change: actual 62K vs forecast 115K; previous 155K; In April, private…
Read More » -
Markets

U.S. Equities Sell-off After Negative Preliminary GDP in Q1
01:30 PM BST, United States – GDP data: GDP (Q1): actual -0.3% QoQ; forecast 0.2% QoQ; previous 2.4% QoQ; Real Consumer Spending (Q1):…
Read More » -
Forex

EUR/USD slips as Eurozone major economies report soft inflation data
EUR/USD falls to near 1.1370 as major nations in the Eurozone have indicated that price pressures grew moderately. The pair…
Read More » -
Forex

Chart of The Day – EUR/USD
Today, EURUSD is trading around $1.1395-$1.1400 declining by a modest 0.10%. The pair surged 5.10% in April so far, its…
Read More » -
Economics

French CPI Slightly Higher Than Expected
07:45 AM BST, France – Inflation Data for March (preliminary): French HICP: actual 0.6% MoM; forecast 0.3% MoM; previous 0.2% MoM; French HICP: actual…
Read More » -
Economics

Economic Calendar – U.S. PCE, ADP And GDP Sets a Busy Macro Day
Today, we will receive several interesting macroeconomic reports from the U.S. These include the PCE inflation report, the preliminary U.S. GDP report for the…
Read More »









