Following the announcement of US inflation data yesterday, the EURUSD currency pair has predictably faced downward pressure. US inflation rose to 3.1% year-over-year, surpassing the anticipated 2.9%, albeit slowing from…
South Africa's retail sector witnessed a notable turnaround in December, with year-on-year retail sales rising by 2.7%, marking a significant uptick after back-to-back months of decline. This positive momentum comes…
The gold spot price (XAUUSD) recently dipped below the psychological threshold of $2,000 per ounce, marking a shift from its previous stability above this level since December, which was attributed…
The FTSE 100 index (LSE: UKX) has been experiencing a flurry of activity lately, marked by significant economic data releases. Starting with the UK's latest labour data, unemployment stubbornly stood…
The GBP faces headwinds after cooler-than-expected UK inflation data ignited a rally in EURGBP. January's CPI surprised at 4.0%, below estimates and marking a two-year low. This eases pressure on…
The EURUSD currency pair faced significant downward pressure, marking back-to-back days of losses and potentially poised for further decline. This trend emerged amidst a backdrop of robust U.S. economic data,…
In recent trading sessions, the Dow Jones 30 Futures (CME: YM) have embarked on an impressive rally, scaling new heights and signalling a robust uptrend. Notably, January saw a 71…