UBS raises dollar forecast as Fed cuts slow, cites US AI advantage

UBS raises dollar forecast as Fed cuts slow, cites US AI advantage
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UBS raises dollar forecast as Fed cuts slow, cites US AI advantage
Source link
According to today’s daily chart of EUR/GBP: → The rate is around £0.832 per euro – the lowest since April 2022. → The RSI indicator has dropped into oversold territory. Yesterday, the EUR/GBP rate fell by 0.71%, driven by bearish sentiment following the release of PMI indices, which indicated a slowdown in the Eurozone economy….
As our members know, we’ve been long in ETHUSD . The crypto has made a nice reaction from our buying zone. In this technical article, we are going to present Elliott Wave trading setup of ETHUSD. The crypto completed its corrective decline precisely at the Equal Legs area, also known as the Blue Box. In…
Asia FX steady at start of 2026; dollar dips amid Fed easing bets Source link
“US Jobless Claims Spike: Labor Market Weakness, Fed Rate Cuts, and Market Implications” Unemployment number The old trading adage, “It’s not the news but the reaction to the news that matters,” was on full display after last week’s sharp increase in U.S. weekly jobless claims. Markets initially reacted to fears of an acceleration in labor…
United States Baker Hughes US Oil Rig Count above forecasts (483): Actual (489) Source link
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