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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...
EURUSD H4 Forecast The EUR/USD pair is struggling to stay above the psychological level of 1.0500 after failing to close above this key resistance level in the last trading session. At this point, the pair faced strong selling pressure, which...
The Australian dollar (AUD) experienced a slight decline against the US dollar (USD) on Friday, primarily influenced by the release of the Judo Bank Purchasing Managers’ Index (PMI) data.1 However, positive sentiment was bolstered by news of...
General Points about USDCAD: aa We can see that the U.S. dollar has been quite weak this week, facing pressure from multiple economic and political factors. One of the key events influencing market movements today is the release of Canadian Retail...