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EUR/USD extends pullback into midweek
Forex

EUR/USD extends pullback into midweek

EUR/USD continues its steady decline into midweek after the release of higher-than-expected inflation data from the United States (US) reduced the chances of...

USD/MXN buoys around 16.80 amid an improved risk appetite
Forex

USD/MXN buoys around 16.80 amid an improved risk appetite

USD/MXN extends its losing streak that commenced on February 29 as the US Dollar (USD) weakens on improved risk appetite as market participants...

EUR/GBP to stabilise around 0.8550 ahead of Friday’s UK data and the BoE meeting next week – ING
Forex

EUR/GBP to stabilise around 0.8550 ahead of Friday’s UK data and the BoE meeting next week – ING

EUR/GBP ended Tuesday higher and it is little changed on Wednesday after the UK's Office for National Statistics reported real Gross Domestic Product...

Forex

Japan PM advisor Yata says wage hikes this year likely to exceed last year’s

Must continue wage hikes next year and thereafter to defeat deflationMust broaden wage hikes to workers nationwide and in every prefectureGovernment won't meddle...

Forex

WTI Crude Oil Technical Analysis

Crude Oil continues to maintain a bearish bias for now amid weaker US data and the failed breakout above the $80 level. On...

Forex

ECB’s Villeroy: It is more likely a rate cut will happen in June than in April

A spring rate cut remains probableWe remain vigilant on the inflation front but victory is within sightWe are winning the battle against inflationAs...

Forex

European equities keep lightly changed to start the day

Eurostoxx +0.2%Germany DAX +0.2%France CAC 40 +0.2%UK FTSE +0.1%Spain IBEX +0.6%Italy FTSE MIB +0.2%This comes as US futures are looking rather flattish still...

Heiken Ashi Smoothed Momentum Bounce Forex Trading Strategy for MT5
Forex

Heiken Ashi Smoothed Momentum Bounce Forex Trading Strategy for MT5

Often, trend following and trend continuation strategies tend to lean more towards high-accuracy trades based on trend direction rather than high-yielding profitable trades,...

Pound Sterling drops on cautious market mood, UK monthly GDP grew expectedly by 0.2%
Forex

Pound Sterling drops on cautious market mood, UK monthly GDP grew expectedly by 0.2%

The Pound Sterling (GBP) weakens in Wednesday’s European session.

Forex

There is no urgency for RBI to act ahead of the Fed’s next move – Commerzbank

Economists at Commerzbznka analyze Indian economic outlook after inflation and growth data.