Colombia Consumer Price Index (MoM) in line with forecasts (1.18%) in January | FXStreet

The US dollar is facing headwinds due to escalating trade tensions between the US and China and the potential implementation of a “revenge tax” targeting foreign investors. Weaker-than-expected jobs data released this week could further pressure the dollar. Meanwhile, the Eurozone and Canada are anticipated to implement interest rate reductions. Re-emerging US-China trade friction is…

West Texas Intermediate (WTI) edges lower on Thursday, giving back this week’s gains as geopolitical risk premiums fade after US President Donald Trump softened his rhetoric on Iran, easing fears of imminent military action. At the time of writing, WTI trades around $59.26 per barrel, down nearly 1.40% on the day. However, prices are finding…

Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…

The Big Picture: President Trump wants the United States to control Greenland, a huge Arctic island currently owned by Denmark. After the U.S. military operation in Venezuela, traders are asking: could this actually happen? And what would it mean for markets? What’s Actually Happening? President Donald Trump has been talking about acquiring Greenland on and…

The Eurogroup’s meeting and weaker US retail sales may give the euro hope of regaining ground against the US dollar. More details in our analysis for 15 November 2024. EURUSD forecast: key trading pointsThe Eurogroup’s meetingThe European Union’s economic outlookUS retail sales (m/m): previously at 0.4%, projected at 0.3%The core US retail sales index (m/m):…