GBP/USD Forecast
The GBP/USD forecast edges higher as UK employment data relieves pressure.
Technical Analysis: USD/JPY - Tuesday, Dec. 16
USDJPY met the target of 154.90 and managed to hit a few pips below it.
Daily Market Outlook - Tuesday, Dec. 16
Stocks declined while the Dollar held steady at two-month lows as investors scaled back on risk ahead of key US economic reports that might signal the future of interest rates.
Pound Sterling Outperforms On Key UK Data, US NFP Eyed
The Pound Sterling rebounds against its major peers after the release of the UK employment data.
USD/JPY Forecast: Carry Trade Dynamics Persist
The USD/JPY pair remains supported by yield differentials and structural BoJ constraints, with 155 yen offering a potential floor as traders eye carry trade opportunities.
Oil Dropped To A 2021 Low
WTI oil prices fell to around $56.3 per barrel, the lowest level since early 2021, as persistent pressure from oversupply outweighed the influence of geopolitical risks.
Eurozone PMI Surveys Show Concern For Manufacturers
UK unemployment is on the rise, although PMIs improve.
You Won’t Believe What The Fed Admitted
The Fed now believes the US has been losing jobs at a rate of 20,000 per month. From strong and resilient to solid, we’re now shedding jobs by the tens of thousands per month.
US-China Trade Falls As China's Global Exports Surge
The total value of goods exchanged between the two nations slipped for the second month, falling from $33.4 billion in the previous month to $31.8 billion.