Forex

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The US NFP on Friday surprised the markets as the data came out much better than expected. I would argue that the part that weighed the most was the strong average hourly earnings figures. Now, I’m not an economist, so I try to look at it from a market participant’s perspective gathering analyses from the…

The GBPUSD currency pair has been trading sideways in a range between 1.2671 and 1.2817 for several weeks, with the pair now facing the support of the rising trend line on the 4-hour chart. Consolidation for Uptrend As long as the trend line support holds, the sideways move could be viewed as consolidation for the…

Investors will begin the week in a state of uncertainty regarding the outlook of Europe’s political landscape. The four-day European Parliament elections concluded on Sunday. According to Reuters, the results showed a significant gain for eurosceptic-nationalists, who have displaced liberals and greens. Additionally, President Emmanuel Macron dissolved the French Parliament, calling for early legislative elections…

NZDUSD Price Analysis Expected ScenarioThe NZDUSD price settles at 0.6100$ barrier, waiting to resume the negative trades to test 0.6070$ level that represents our waited negative target, noting that breaking it will extend the pair’s losses to reach 0.6000$ areas.Moving below the EMA50 supports the continuation of the expected…

GBP/JPY has been seeing lower highs since getting rejected from the 200.50 – 201.00 area in late May. And why not? Threats of the Bank of England (BOE) turning dovish and mixed data from the U.K. are keeping the bulls at bay. Meanwhile, a bit of risk aversion and talks of the Bank…

Adverts for bookmakers and online casinos should carry smoking-style warnings, the UK’s leading gambling charity has said, as it warned that a marketing surge during the Euro 2024 football tournament could make it harder for people to cut down or quit. GambleAware called for an end to the industry-approved “Take Time To Think” slogan, which…

Investing.com– Asian stocks were a mixed bag on Monday, with Japanese markets rising on a slightly positive revision in gross domestic product data, while other Asian markets sank on resurgent concerns over U.S. interest rates. Holidays in China, Hong Kong and Australia also kept trading volumes languid. Regional markets took a weak lead-in from Wall…