Malan
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ECB's Stournaras: Three ECB cuts now more likely in 2024
The European Central Bank (ECB) Governing Council member and Governor of the Bank of Greece, Yannis Stournaras, said on Friday that the central bank will probably lower borrowing costs three times this year instead of four, according to Bloomberg. Key quotes “We now consider three rate cuts in 2024
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South Korea Manufacturing PMI Slips In April - S&P Global
The manufacturing sector in South Korea continued to contract in April, and at a faster pace, the latest survey from S&P Global revealed on Thursday with a manufacturing PMI score of 49.4. That's down from 49.8 in March, and it moves further beneath the boom-or-bust line of 50 that separates exp
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خادمات للتنازل بالقطيف
خادمات للتنازل بالقطيف تعدّ خيارًا موثوقًا ومفيدًا للعائلات التي تبحث عن مساعدة في الأعمال المنزلية. تتيح هذه الخدمات الاستفادة من خبرة ومهارات العمالة المنزلية في مجالات متعددة مثل التنظيف، والطبخ، ورعاية الأطفال. تُختار الخادمات بعناية وتُدرب لضمان جودة الخدمة والاحترافية. يمكن للعائلات الاعتماد ع
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Dutch Inflation Eases To 2.7%, Lowest In 4 Months
Dutch inflation moderated in April to the lowest level in four months amid a fall in costs for industrial goods, the preliminary estimate from the Central Bureau of Statistics showed on Tuesday. Consumer prices logged an annual increase of 2.7 percent in April, slower than the 3.1 percent gain in Ma
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Morning briefing: Euro can test support at 1.0675/0650
Good Morning! The Dollar Index can see near-term trade within 106.20-105.40 while Euro can test support at 1.0675/0650 before bouncing back from there. EURJPY and USDJPY have seen a strong fluctuation within a very broad range and lack directional clarity just now. While below 171.50 and 160.50, bot
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AUD/JPY loses ground on weaker Aussie Retail Sales amid mixed Chinese data
The Australian Dollar loses ground after the release of lower-than-expected Retail Sales. The Australian Retail Sales for March took an unexpected downturn, contrasting with the anticipated rise. Market participants will closely monitor for any potential Japanese intervention on Tuesday. AUD/JPY edg
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USD/JPY outlook: Pulls back from new multi-decade top on suspected intervention
USD/JPY USDJPY cracked psychological 160 barrier and hit new multi-decade high early Monday, with subsequent sharp pullback to 155.00 zone on suspected intervention. Fresh weakness cracked pivotal 155 support area (Friday’s low / 10DMA / Fibo 38.2% of 146.448/160.19) but so far without sustained bre
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EUR/USD: Bears to remain in control from $1.07?
Europe’s shared currency wrapped up the week off best levels, eking out a marginal gain of +0.3% versus the US dollar. Higher timeframes suggest further underperformance Things are not looking too cheerful for the euro, both from a technical and fundamental perspective. Scope to continue pressing so
Pull-up Update