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Forex

Daily Market Outlook, October 28, 2024
Daily Market Outlook, October 28, 2024

Daily Market Outlook, October 28, 2024 Munnelly’s Macro Minute…"Geopolitical & Macroeconomic Headline Risk Abounds In A Busy Week For Investors”The results of Japan's Lower House...

Big Risks For EURUSD This Week
Big Risks For EURUSD This Week

Key EUR Data on WatchThe sell off in EURUSD has paused for now, with the pair seeing better demand across early European trading on Monday. However, the market looks highly vulnerable to fresh...

FX Options Insight 28/10/24
FX Options Insight 28/10/24

FX Options Insight 28/10/24As attention turns to other event risks, such as a Bank of Japan policy decision and U.S. payroll data next Friday, it is interesting to note that the options market also...

Dollar Pullbacks Limited as Markets Brace for Key US Labor Data and Election Uncertainty
Dollar Pullbacks Limited as Markets Brace for Key US Labor Data and Election Uncertainty

The US Dollar continues to demonstrate robust performance, trading near three-month highs and on track for a 4% rally in October—its strongest monthly gain in two years. This strength underscores the...

Dollar Softens on Lower Jobless Claims
Dollar Softens on Lower Jobless Claims

Jobless Claims DropFollowing a further strong rally this week, the US Dollar softened yesterday as the latest weekly jobless claims number came in below forecasts. Claims rose 227k last week, down...

Daily Market Outlook, October 25, 2024
Daily Market Outlook, October 25, 2024

Daily Market Outlook, October 25, 2024 Munnelly’s Macro Minute…"US Yields Off Highs As Dollar Rally Stalls Ahead Of A Big Week For Earnings ”As the week comes to an end, yields are thankfully...

Durable Goods Contraction Provides Welcomed Relief to Battered Market Sentiment
Durable Goods Contraction Provides Welcomed Relief to Battered Market Sentiment

The latest data shows that US Durable Goods Orders fell by 0.8% in September, marking the second consecutive month of contraction after a sharp downward revision of the previous month's figure...

Pound Pulls Lower on Weak UK Data
Pound Pulls Lower on Weak UK Data

UK PMIs Drop AgainGBPUSD is pulling back from earlier highs on the session as traders digest the latest UK economic data released this morning. Both the factory and non-factory sector PMIs came in...

US Dollar Retreats Due to Profit Taking Move but Upside Risks Remain
US Dollar Retreats Due to Profit Taking Move but Upside Risks Remain

The US Dollar has weakened against most major currencies today, as market participants book profits after the parabolic rise and ahead of crucial US economic data releases. The spotlight is on the PMI...