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German inflation falls to 3.2%, eurozone inflation next US second-estimate GDP improves to 5.2% The euro is showing limited movement on Wednesday. In the North American session, EUR/USD is trading at 1.0984, down 0.11%. German inflation falls to 3.2% Gerrmany’s inflation rate dropped more than expected, coming in at 3.2% y/y in November. This was

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US GDP KEY POINTS: MOST READ: Bitcoin (BTC/USD) Holds the High Ground as Binance Deals with Client Exodus Elevate your trading skills and gain a competitive edge. Get your hands on theUS DollarQ4 outlook today for exclusive insights into key market catalysts that should be on every trader’s radar. Recommended by Zain Vawda Get Your

USDJPY bounces from new ten-week low on Wednesday, as bears faced headwinds on probe through the base of daily cloud (147.38) and from 100DMA (146.97). Fresh jump was sparked by dovish comments from BoJ policymaker, who said that it is still early to talk about exiting from negative rate policy. However, bounce is likely to

On the higher timeframes, NZDUSD almost touched the upper boundary of the descending corridor, which the pair has mainly followed since March 2021. This year, the pair have spent a lot of time near the lower boundary, while reversals down from the upper boundary have been swift. During the period of this channel, it took

On the technical level, the dollar pair against the Turkish lira rose slightly, as the pair recorded its highest levels ever at 28.94 levels during early trading this morning.  Forex Brokers We Recommend in Your Region See full brokers list   Risk 0.50%. Entering a buy deal with a pending order from the 28.70 level.

Taipei, Nov. 29 (CNA) The U.S. dollar plummeted against the Taiwan dollar Wednesday, shedding NT$0.218 to close at NT$31.250. Source link

It is worth noting that the allure of cryptocurrencies appears to be gaining momentum as traders increasingly ponder the inevitability of central banks worldwide resorting to monetary policy adjustments.  The Ethereum market opened Tuesday’s trading session with a pullback, appearing to stumble momentarily before regaining its footing. In this evolving landscape, it seems we are

Mumbai, Nov 29 (PTI) The rupee stayed on upward track for the second straight session and gained 6 paise to 83.28 against the US dollar in early trade on Wednesday amid a weak American currency and foreign fund inflow in the domestic equities. Source link

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US DOLLAR FORECAST – EUR/USD, GBP/USD, AUD/USD The U.S. dollar extends losses, sinking to its weakest point since early August Meanwhile, EUR/USD, GBP/USD and AUD/USD break out to the topside, clearing key price levels in the process This article focuses on the technical outlook for top forex pairs Trade Smarter – Sign up for the

With USD/CNH and USD/JPY probing key support levels, we may require a break of them for AUD/USD to stand a chance of continuing its strong rally (which met strong resistance on Tuesday). Unless of course Australia is treated to a hot inflation report today, which could fan fears of another RAB hike. Source link