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Monday, November 18, 2024

European Markets Wrap-Up | USDCAD Technical Analysis – We are at the highest level since 2020

USDCAD Technical Analysis – We are at the highest level since 2020

Fundamental Overview Last week, despite the higher-than-expected inflation figures and a less dovish Powell, the US Dollar couldn't extend the gains. The market's pricing remained largely unchanged at... 

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ECB's Makhlouf: The evidence would need to be overwhelming for 50 bps move in December

Believes in cautious and prudent approach, policy is working as it is It would be "going a bit far" to say that a rate cut in December is "in the bag" We are going meeting by meeting Let's see what th... 

ECB's Makhlouf: I don't think the job is done on taming inflation

Services inflation is still slightly higher than I would prefer Prudence and caution have a premium to them, we should continue in that manner I don't feel at the moment the need to rush We need to th... 

USDCHF Technical Analysis – Will the US Dollar reach new highs?

Fundamental Overview Last week, despite the higher-than-expected inflation figures and a less dovish Powell, the US Dollar couldn't extend the gains. The market's pricing remained largely unchanged at... 

Gold bulls ready to rumble again?

Gold is up over 1% on the day and starting to close back in on testing the $2,600 mark once more. The bounce here comes as the precious metal looks to snap a run of six straight days of losses, after... 

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Latest Forex Orders

FX option expiries for 18 November 10am New York cut

There are just a couple to take note of, as highlighted in bold . They are for EUR/USD at the 1.0500 and 1.0520 levels. Similar to last week, the former will be the more important one to watch as it s... 

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