Dollar slips after Powell’s speech; euro finds support

Dollar slips after Powell’s speech; euro finds support
Source link

Dollar slips after Powell’s speech; euro finds support
Source link
The Mexican Peso extends its downtrend but appears to be finding a floor. The weakness of rivals, such as the US Dollar, as well as uncertainty over the direction of Mexico’s monetary policy are supportive factors. USD/MXN steadily rises in a mildly bullish channel. The Mexican Peso (MXN) trades flattish and mixed on Monday after…
The best trend reversal MT5 indicator addresses this problem by combining multiple confirmation signals into one visual tool. Instead of juggling five different indicators across your charts, you get clear reversal signals backed by price action, momentum, and volume analysis. This article breaks down how these indicators work, when they’re most effective, and what limitations…
AI in global finance is transforming the way markets operate, investments are made, and risks are managed. From Wall Street to retail brokers, Artificial Intelligence in financial markets has shifted from being a futuristic concept to a daily trading necessity. It has redefined how institutions analyze data, make predictions, and execute trades. By blending automation…
Long dollar positions no longer stretched – BofA Source link
Australia Judo Bank / S&P Global data for December 2024. Services PMI comes in at 50.8, 11th consecutive month of growth November was 50.5 flash was 50.4 (more on the preliminary reading is here) From the report, in summary: Services activity growth aligned with stronger new business, supported by rising market demand. Export orders increased…
Ahead of each European Central Bank meeting ING distribute their awesome ‘cheat sheet’. Preamble: ECB widely expected to cut by 25bp after the recent inflation slowdown We explore how a market positioned for a predictable outcome could react to a surprise hold or more dovish guidance. We retain a bias for higher front-end EUR rates,…