Germany’s fiscal shift gives euro rare shot at dollar’s crown: Capital Economics

Germany’s fiscal shift gives euro rare shot at dollar’s crown: Capital Economics
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Germany’s fiscal shift gives euro rare shot at dollar’s crown: Capital Economics
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It was a jam-packed trading week as top-tier economic data, an ECB rate cut, escalating trade tensions, and Trump’s accusations of currency manipulation fueled volatility across FX markets. Source link
The AUD/USD outlook shows a strong uptrend driven by a boosted Aussie and a steady greenback. The ABS revealed 4.3% unemployment in October, exceeding forecasts of 4.4%, down from September’s 4.5%. Traders await commentary from FOMC officials for further policy cues. The AUD/USD outlook shows a strong bullish momentum as the pair trades near 0.6570,…
Investing.com – The U.S. dollar rose Thursday, benefiting from robust employment data as well as the uncertainty caused by the Middle East turmoil. At 04:30 ET (08:30 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% higher to 101.597, not far removed from its recent three-week high….
JP Morgan Chase (JPM) Elliott Wave Analysis: Bullish Structure Remains Intact with Key Support at $215 and Upside Targets Toward $350–$395 into 2025 JP Morgan Chase & Co. (NYSE: JPM) continues to show a strong bullish structure, as reflected in the latest Elliott Wave analysis. The monthly chart indicates that JPM is trending higher within…
Key Highlights WTI Crude Oil price started a recovery wave from the $67.00 zone. It broke a key bearish trend line with resistance at $70.60 on the 4-hour chart. EUR/USD could struggle to recover above the 1.0920 resistance. GBP/USD faces hurdles near the 1.3020 resistance. WTI Crude Oil Price Technical Analysis WTI Crude Oil price…
During Friday’s trading session, Tesla shares briefly rose above the $300 mark — the first time in over two months. Although the daily candle closed below this key psychological level, TSLA still outperformed the broader stock market. This move was supported by: → Investor approval of Elon Musk’s late-April pledge to spend less time on…