Market Fundamentals: The Institute for Supply Management’s (ISM) Services PMI fell to a three-month low of 52.1, down from 56.0 in the previous month and below market expectations. This weaker-than-expected reading reflects a slowdown in the...
The EUR/JPY H1 chart illustrates a clear downtrend over the observed period, characterized by a series of lower highs and lower lows. The Bollinger Bands effectively capture price volatility, expanding during sharp movements and contracting during...
Currently, I observe that the pair is showing reluctance to close above the intermediate resistance levels, yet it is not displaying a strong downward momentum either. I notice that a short-term bearish trend has started to emerge, which I believe...
Governing Council member and Bank of France Governor François Villeroy de Galhau acknowledged that while the French economy is experiencing a slowdown, he does not foresee a recession. He projected that economic growth could regain momentum in 2026...
Expectations of a hawkish Federal Reserve, coupled with ongoing geopolitical tensions, continue to dampen investor sentiment, steering them away from riskier assets. This shift is evident in weaker equity markets and a persistent bid for safe-haven...