Euro Latest – German GDP Seen at Just 0.1% in 2024, EUR/USD Under Pressure

Economic output in the Euro Area’s largest member state is expected to grind to a near-halt this year, adding weight to the possibility of back-to-back ECB rate cuts.

from DailyFX – Market News https://ift.tt/J4yi36o
via IFTTT

Crude Oil Prices Slip Again As US Inventories Increase, OPEC Meet Eyed

Markets appears content to take profits as Q1 comes to a close and OPEC sources do not expect any changes to output levels in the second quarter

from DailyFX – Market News https://ift.tt/KuTYXc3
via IFTTT

FX Intervention Threat Steps up a Notch after USD/JPY Hits a Crucial Level

Japanese finance minister, Shunichi Suzuki escalated the language used to address recent, unfavourable moves in the yen. The same rhetoric was before prior FX intervention

from DailyFX – Market News https://ift.tt/6Yi5I2k
via IFTTT

US Dollar in Holding Pattern; Key Tech Setups on EUR/USD, USD/JPY, GBP/USD

The article explores the near-term outlook for the U.S. dollar, focusing on three of the most popular and liquid FX pairs: EUR/USD, USD/JPY and GBP/USD.

from DailyFX – Market News https://ift.tt/Zh7gWKC
via IFTTT

Gold, Silver Price Update: XAU/USD Rises on a Softer Dollar, Silver Withers

Gold appears upbeat at the start of the week, although, the current move higher is already showing signs of slowing. Silver continues to trade lower, testing a well-known level

from DailyFX – Market News https://ift.tt/54Gms7l
via IFTTT