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USD slips on Election Result

EURUSD, H1 The US Congressional Election: Democrats have seized the House, while the GOP retained the House. The Democrats also had success at the state...

NFPs and Scalping

Non-Farm Payrolls (NFPs) are probably the most important leading indicator in the US economy, in anticipation of CPI and GDP results. The predominant measure...

Euro at 2-month low after PMIs miss

EURUSD, H1 Preliminary October PMI readings disappointed, with the services activity index falling to a 24-month low of 53.3 from 54.7 in September, while the...

PMIs and How to Use Them

Overall, most economic indicators all traders rely on tell us how the market has fared in the past. For example, the CPI index tells...

Will EUR manage to hold Friday’s gains?

EURUSD, H4 and Daily European stock markets are moving higher after a positive close in Asia overnight where hopes of more stimulus measures in Asia underpinned...

Italy’s Problems and the Euro’s Drop

Italy's budget problems, known to markets since at least 2011, appear to have resurfaced with a vengeance. In fact, according to Eurostat, Italy's government...

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