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Friday, November 15, 2024

European Markets Wrap-Up: Dollar holds lower ahead of retail sales data

Dollar holds lower ahead of retail sales data

Is this where the train stops for the dollar? The post-election run higher has been without much pause but finally we might be getting that today. The greenback is down across the board, retracing jus... 

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S&P 500 Technical Analysis – Another great dip-buying opportunity?

Fundamental Overview The S&P 500 rallied into a new all-time high following Trump's victory and the red sweep as the market started to look forward to bullish drivers like tax cuts and deregulatio... 

GBPUSD Technical Analysis – The US Dollar rally might have run out of steam

Fundamental Overview The US Dollar yesterday weakened across the board despite a higher than expected US Core PPI and Fed Chair Powell acknowledging the need to proceed more carefully with rate cuts f... 

Fed's Collins: December rate cut is certainly on the table but not a done deal

There is more data that we will see between now and December Have to continue to weigh what makes sense Fed could eventually slow down pace of rate cuts but too soon to say if it will be in December F... 

EURUSD Technical Analysis – The price fails to break through a crucial level

Fundamental Overview The US Dollar yesterday weakened across the board despite a higher than expected US Core PPI and Fed Chair Powell acknowledging the need to proceed more carefully with rate cuts f... 

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Latest Forex Orders

FX option expiries for 15 November 10am New York cut

There is just one to really take note of on the day, as highlighted in bold . That being for EUR/USD at the pivotal 1.0500 level. As mentioned here , that is a major technical mark for the pair and th... 

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