Forecasting the upcoming week: US inflation data to dominate
The US Dollar surged to a fresh 26-month high after US Nonfarm Payrolls (NFP) surged in December, devastating market hopes ...
Crude Oil Price Forecast – Crude Oil Launches on Friday
The crude oil market has launched higher on Friday as the jobs number in the United States shows just how hot the US economy is running. At this point in time, the markets are pulling back a little ...
Payrolls surprise sees Dollar lurch higher, as EUR/USD takes step closer to parity
The market reaction was brutal, stocks are a sea of red in Europe and in the US. The Dow Jones is down nearly 1%, however, the biggest casualty in the US is the Nasdaq, which is lower by 1.61% as ...
Strong U.S. Jobs Data Raise Risk of EUR/USD Hitting Parity This Month
Deeply oversold conditions could slow the pace of further declines in the pound, UOB’s Global Economics & Markets Research team say. GBP broke below 1.2300 to as low as 1.2239 overnight, before ...