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: 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...
UK inflation changes interest rate expectations Traders have revised down their expectations for the Bank of England's key interest rate after an unexpected rise in inflation in the country, reducing their confidence in two possible cuts of 25 basis...
#CL I wish you all a good mood! The strength of the buyer is manifested in the linear regression channel on the daily chart, which is growing. The steeper the angle of the channel, the more pronounced the buyer's activity. Bulls are doing...
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...
