United States Factory Orders (MoM) came in at -4.8%, above forecasts (-4.9%) in June
United States Factory Orders (MoM) came in at -4.8%, above forecasts (-4.9%) in June
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United States Factory Orders (MoM) came in at -4.8%, above forecasts (-4.9%) in June
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The British Pound is currently facing an unprecedented decline, driven by escalating UK unrest and deepening UK economic challenges. As the GBP/USD currency pair continues to reflect this turmoil, traders and investors are watching closely, trying to navigate a complex and volatile market. This article delves into the factors contributing to the British Pound’s decline,…
On 20 February, in the note “BTC/USD Analysis: Are the Bulls Stirring?”, we outlined a broad descending channel and highlighted early signs of increasing demand near the $65,600 level. Subsequent price action provided further grounds to suggest that, following the dramatic decline in Bitcoin’s price from its all-time high in October 2025 to the February…
The US Bureau of Labor Statistics will release the non-farm payroll (NFP) and jobs data for February 2025 on Friday, March 7th, 2025. Economists are predicting 170,000 jobs added and the unemployment rate holding steady at 4.0%. Key factors influencing February’s jobs report include potential federal job cuts, changes in trade policies, a strong services…
By InvestMacro The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on August 26th. This weekly Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category. Extreme positioning in these markets can foreshadow strong…
Why AI in Forex Trading? The world of forex trading is full of opportunities—but it’s also unpredictable, with constantly shifting market dynamics. For entrepreneurs looking to make their mark, Artificial Intelligence (AI) has emerged as a game changer. No longer reserved for tech giants or financial institutions, AI is now accessible to individual traders and…
Gold price retraces losses on Wednesday after US GDP turns negative. Traders sent Gold initially lower after President Trump signed an order to ease tariffs on car parts. Both daily resistances and supports for Gold are narrowing, signaling the increasing chances of a breakout, from a technical point of view. Gold price (XAU/USD) is recovering…