Market Fundamentals: Market participants will also closely monitor upcoming economic data, including the US Personal Consumption Expenditures Price Index (PCEPI) inflation report and the quarterly update on US Gross Domestic Product (GDP) growth....
EU Commission to lift budget caps on defense spending According to European Commission President Ursula von der Leyen, the EU is ready to propose exempting defense from EU limits on government spending. The statement follows pressure from US...
Date: 21st February 2025. European PMI Disappoint, Weighing on Euro Before German Elections The German Manufacturing PMI read 0.5 points higher than previous expectations and the Services PMI was 0.2 points lower. The data from Germany was a relief...
I see that the newly elected leader brings the energy of a young man, but I also notice that his ideas seem scattered and nonsensical. For my part, I draw an arrow pointing upwards, but I only trade based on signals. According to my analysis, which...
During Friday's European session, EUR/USD fell to about 1.0470. The Hamburg Commercial Bank (HCOB) released preliminary Purchasing Managers Index (PMI) data for February for the Eurozone and its major countries. The major currency pair declined....
