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Euro Jumps Ahead of EU GDP and German CPI as US Dollar Pauses. Where to for EUR/USD?
The Euro found some support today as the US Dollar paused, with growing geopolitical concerns boosting energy commodities. Will EUR/USD make new lows?
S&P 500 Begins the Month on a Bullish Note as Risk Aversion Fades, NFP Eyed This Week
After fluctuating between small gains and losses, the S&P 500 powers higher in late trading, rallying 0.69% on improving risk sentiment and FOMO mentality.
Google Stock Gains on Rosy Q4 Earnings, Stock Split News – Tech Earnings Results
Google gained in after-hours trading after Alphabet, Inc. reported rosy fourth-quarter corporate earnings. Strong ad and cloud revenue encouraged investors and lifted other tech shares.
USD/CAD Post-Fed Rally Unravels amid Failed Test of January High
USD/CAD may continue to depreciate over the coming days as the exchange rate reverses course ahead of the January high (1.2814).
British Pound Price Analysis: GBP/USD Lacks Momentum Prior to BoE
The British Pound (GBP) has edged slightly higher as investors await the BoE and other major risk events
ISM Manufacturing Data at 57.6: Employment and Prices Rise
US ISM manufacturing data for January produces another strong figure. Rising employment and prices data adds to the narrative of a Fed rate hike in March
Bitcoin Setup – BTC/USD Bulls Take Control of the Trend
Bitcoin (BTC) prices have regained confidence after climbing above channel resistance. With increased geopolitical tensions, risk sentiment may continue to support price action.
AUD/USD Cautiously Higher After China Manufacturing PMI. RBA Inbound
AUD/USD is probing higher after impressive Chinese PMI data. Aussie Dollar traders are eying tomorrow’s Reserve Bank of Australia (RBA) policy decision.
Bitcoin Setup – BTC/USD Bulls Take Control of the Trend
Bitcoin (BTC) prices have regained confidence after climbing above channel resistance. With increased geopolitical tensions, risk sentiment may continue to support price action.
British Pound Outlook: GBP/USD Tests 1.3500 on Robust Data and BoE Rate Forecast
Sterling continues to push higher against a weaker US dollar, buoyed by solid manufacturing data and BoE rate hike expectations.
