Euro Price Forecast: EUR Threatened by Dovish ECB & Bleak Forecasts
EUR prices stay depressed as markets digest less aggressive commentary from ECB officials as rate expectations see cuts in the first quarter of 2024.
EUR prices stay depressed as markets digest less aggressive commentary from ECB officials as rate expectations see cuts in the first quarter of 2024.
In this article, we analyze the technical outlook for the Nasdaq 100 and gold prices, examining major price levels that could act as support and resistance later this week.
This article focuses on the technical outlook for USD/JPY, GBP/USD and AUD/USD, taking into account recent price action dynamics as well as prevailing market sentiment.
The US Service sector remained robust in November but job openings hit a 30 month low weighing on the US Dollar. A sign of what is to come from this weeks NFP Print?
Saudi Arabia supports OPEC + decision on rate cuts, US production breaks record levels for second successive month and the US focuses on replenishing SPR levels
The Euro is under pressure again after a dovish interview by one senior ECB board member sent German bond yields sliding to fresh multi-month lows
While the Dow has held on to its gains, other indices have suffered losses. The Hang Seng in particular has been hard-hit, touching a fresh low for the year.
Gold recovers from a phenomenal day of trading where prices spiked well above the prior all-time-high only to erase the move and end the day lower. Where to from here?
AUD prices weakened against the USD after the RBA decided to maintain current rates as inflation and wage growth looks to be softening.
In this article, we scrutinize the technical outlook for gold, EUR/USD and the Nasdaq 100, analyzing major price levels that could come into play throughout the week.