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...
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....
European gas storage below 5-year average, UBS reports The gas crisis is escalating, affecting both Europe and the United States. The issue of natural gas is more relevant than ever! According to experts at UBS, European gas storage levels are...
USDCAD Daily Time Chart Analysis (updated) The USD/CAD pair reached a two-month low, finding support at 1.4150. The pair is under pressure after a breakout of the ascending channel and a bearish crossover between the 20-day and 50-day simple moving...
Market Fundamentals: The Dollar strengthened during the European session following Russian President Vladimir Putin’s approval of a nuclear doctrine revision in response to Ukraine’s use of long-range missiles—permitted and supplied by the US under...
