EUR/USD Weighed By Key Technical Levels Ahead of the ECB & US Inflation Update
The pair has started the week on the back foot, having rejected critical technical levels, while markets are edgy ahead of key events later in the week
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The pair has started the week on the back foot, having rejected critical technical levels, while markets are edgy ahead of key events later in the week
The UK Prime Minister won the no-confidence vote on Monday, with 59% of the Tory MPs voting that they have confidence in their party leader
The Australian central bank (RBA) raised interest rates by 50 basis points today, which is more than baseline expectations and the largest upward adjustment since February 2000
Markets seem to be in a good mood today and XAU/USD trades with slight positive undertone, but lacks firm direction
Conservative members of the UK parliament will hold a no-confidence vote in Boris Johnson later today, in the aftermath of the Sue Gray report into the “party-gate”
The index starts the week with profits, following a mixed performance in the previous one, as sentiment seems to be in a good place today
The pair comes from its best week since late-2016 and hawkish Fed comments, but the new one starts with caution, despite the fact that the BoJ remains committed to its ultra-easy policies
During the holiday-shortened week of May 30 – June 03, we saw AMC benefiting from the success of Top Gun: Maverick, Microsoft downgrading its revenue projections, Delta Airlines raising them and more developments
The US index is soft after yesterday’s rebound and gears up for the jobs report, at the end of a volatile and holiday-shortened week
OPEC and allies brought forward their oil production rises and USOil trades with caution today as market turn to the US jobs report
The pair comes from a volatile month during which it had its best performance since April 2021, as the European Central Bank has been turning hawkish, with the upcoming policy decisions looming
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