Positive Data Supports US Dollar While Risk Appetite Dents Its Appeal
The US dollar holds on to its gains from the previous session even as moves in the forex market remain somewhat limited as investors wait to Full Article
EUR/USD Turns Bearish, As US Economy Shows Signs of Further Improvement
The US economy picks up pace again, supporting the US Dollar Full Article
Buying the Retreat in EUR/JPY as MAs
EUR/JPY has retreated lower but is finding support at MAs now where we decided to go long Full Article
Has EUR/USD Reached the Top Before It Resumes the Bearish Trend?
EUR/USD is now overbought on the daily chart and seems like it wants to reverse down Full Article
UK’s Consumer Confidence Improves to Pre-Pandemic Levels in July
Consumer confidence across the UK bounced back to pre-pandemic levels during the month of July as the lockdowns and restrictions were eased Full Article
Australia’s Retail Sales Contract as Several States Go Into Lockdown
The latest round of lockdowns across several parts of Australia have hurt the nation's retail sales, driving a contraction and hurting Full Article
UK’s Shoppers Look Forward to Stepping Out and Spending More as Restrictions Ease
Recent research by Springboard estimates a surge in consumers stepping out and shopping more once restrictions are eased completely this Full Article
UK’s Consumer Confidence Holds Steady Despite Rising Inflation Concerns
UK's consumer confidence held steady through the month of June despite increasing worries about higher inflation possibly derailing recovery Full Article
US Consumers Feeling More Optimistic About Economic Recovery: Will Fed Take Note?
A recent survey by the New York Fed reveals that US consumers are upbeat about the economic recovery over the coming 12 months, anticipating Full Article
Australia’s Consumer Sentiment Falls in June, AUD/USD Unaffected
The latest resurgence of coronavirus infections across Victoria - the second most populous state, has driven Australia's consumer sentiment Full Article
UK’s Consumer Confidence Rebounds to Pre-pandemic Levels: GfK
Consumer confidence across the UK has posted a rebound to pre-pandemic levels as the nation emerged out of its latest round of lockdowns Full Article
Fundamentals and Technicals Align for A Bearish Reversal in Gold
Gold seems set to resume the bearish trend Full Article
British Consumers More Optimistic About Finances But Hesitant to Spend Big
British consumer confidence posted a slight improvement over the past month as households remained more cautious about the economic outlook Full Article
Strong Data, Economic Recovery Hopes Send US Dollar Higher
The US dollar has touched the highest level seen in a year against the safe haven currency Japanese yen and is holding close to the highest Full Article
Gold Weakens as Prospects of Economic Recovery Rise
The safe haven appeal of gold is waning following the release of a stronger than forecast industrial output reading from China even as US Full Article