Prior 98.9The index slips to an 11-month low (lowest since February last year) amid persistent worker shortages and higher prices for materials. Supply and capacity constraints being the glaring factors leading to those issues. On the price front, the share of small businesses raising average sellin

French president Macron’s words here may be a bit of a trigger but honestly, I don’t see much in that to suggest that there is any material receding in tensions between Russia and Ukraine. Not when the Kremlin already sent out its own message earlier here.
But as mentioned earlier, oil could be faci

European indices have erased opening gains to turn red now on the session, posting slight losses. The Eurostoxx is down 0.1%, the DAX down 0.1%, and CAC 40 down 0.2% currently. Meanwhile, US futures are also retreating with S&P 500 futures down 0.2%, Dow futures down 0.3%, and Nasdaq futures down 0.

The Average
Daily Range is a technical indicator used to measure the volatility of an
asset. It displays how much an instrument can move on average during a given
day. It’s pretty simple to calculate: sum the values of how much an asset moved
from the high to low in a

She will be delivering the introductory statement at the hearing before the Committee on Economic and Monetary Affairs at the European Parliament later today.I reckon she will touch on her latest economic views as well as the central bank’s outlook, perhaps also providing some remarks on policy. All

Prior 14.9

A slight rise in euro area investor morale as the economic situation globally shows more signs of stabilisation in the battle against the omicron variant. The expectations reading also rose from 13.5 in January to 14.0 in February, marking the highest reading since July last year.

Major currencies are mostly little changed with commodity currencies holding a marginal advance while others are not really doing much. The euro though is a touch weaker despite regional yields climbing. Earlier today, ECB policymakers Kazaks and Knot said that a rate hike by the middle of the year

I’ve fired off a few mistaken headlines at ForexLive so I can sympathize but this was a doozy. I don’t think it hit the newswire and so the damage was minimal but it’s a reminder that even a great trade can get ruined by something as simple as a headline mistake. Go easy on the leverage.

The weekly oil open will be the spot to watch after the Biden administration took a step towards thawing relations with Iran.

A group of nations are in what looks like the final stretch of negotiations towards reviving the Iran nuclear deal. The US restored a waiver that that had been

The euro finished last week strong as European bond rates blew out. How that trade goes next week will be a major catalyst for the euro next week.
MUFG suggests buying EUR/CHF at spot and targeting a rise to 1.08 with a stop at 1.03.
„We are recommending a long EUR/CHF trade idea. The trad