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Dissecting the Markets: Dovish NFP Report Shifts Fed Expectations, Boosts EUR/USD
Dissecting the Markets: Dovish NFP Report Shifts Fed Expectations, Boosts EUR/USD

The US Non-Farm Payrolls report for October delivered a stark downside surprise, with the economy adding only 12K jobs compared to consensus estimates of 113K. This figure also reflects a sharp...

GBPUSD H4  | Falling toward the support
GBPUSD H4  | Falling toward the support

TitleGBPUSD H4  | Falling toward the supportTypeBearish reversalPreference:The price is moving up towards the pivot level of 1.2918, which acts as a pullback resistance. A reversal at this level could...

Traders Brace For NFP Fireworks
Traders Brace For NFP Fireworks

NFP Up NextAll eyes are on the US Dollar today as traders brace for the latest set of US labour market readings. The NFP is forecast to have fallen to just 106k in October, down from 254k a month...

Dollar Down Following GDP Miss
Dollar Down Following GDP Miss

USD Soft Following Mixed DataThe US Dollar continues to trade with a weaker tone as we cross through the back end of the week, with the DYX pulling back from recent highs. There is a clear sense of...

EUR/USD Forecast: The Long-Awaited Price Correction Ahead
EUR/USD Forecast: The Long-Awaited Price Correction Ahead

The price of the currency pair EUR/USD remained still for some time and then rebounded from the supporting level of 1.0780. It is undergoing correction right now. The price of this asset might...

Dissecting The Markets: Euro Advances Amid Robust Eurozone Data; Dollar Softens Despite Strong US Labor Indicators
Dissecting The Markets: Euro Advances Amid Robust Eurozone Data; Dollar Softens Despite Strong US Labor Indicators

Recent data releases suggest that the Eurozone economy is displaying greater resilience than previously forecasted. Eurostat reported that the Eurozone's GDP expanded by 0.9% year-over-year in...

FX Options Insight 31/10/24
FX Options Insight 31/10/24

FX Options Insight 31/10/24Options become more influential when the market is quiet, and the EUR/USD pair is undoubtedly quiet, as seen by the fact that this year's range is inside last...

Daily Market Outlook, October 31, 2024
Daily Market Outlook, October 31, 2024

Daily Market Outlook, October 31, 2024 Munnelly’s Macro Minute…"Asian Markets In The Red As US Tech Earnings Fail To Impress”Asian stocks declined on Thursday as semiconductor stocks mirrored...

Dollar Softens Ahead of ADP & GDP Data
Dollar Softens Ahead of ADP & GDP Data

Weaker Jobs Data SeenThe US Dollar is pulling back from recent highs today across early European trading. A weaker JOLTS job openings number yesterday has caused profit taking ahead of the NFP on...