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December seasonally adjusted non-agricultural dataIn December 2024, the U.S. economy added 256,000 new jobs, which was higher than market expectations of 160,000 and a new high since April 2024 . The
USOUSD has broken through Support 1 at 74.936 and is currently traded around 76.662, indicating a bullish momentum. However, the stochastic indicator is approaching overbought levels near 80, suggesti
The U.S. dollar spurred by upbeat Nonfarm Payroll and Unemployment rate. Wall Street hammered by upbeat U.S. economic indicators. Gold Prices notching $2700 mark ahead of Trumps return. Market Summary
If you were to ask me what will be the key driving theme of 2025, I would say it will be the after-effects of the U.S. presidential elections, says Kar Yong Ang, a financial market analyst at Octa bro
Developments such as Forex market volatility, rising commodity prices, and Southeast Asias economic growth are poised to reshape the trading landscape in 2025. Market participants need to be aware of
BUY GOLD 2670 and below target 2694SELLGOLD 2699 and above target 2675BUY EURUSD 10182 target 10270SELL EURUSD 10280 target 10200BUY GBPUSD 12150 target 12267SELL GBPUSD 12273 target 12180BUY USDJPY 1
Market OverviewMajor economic data releases are lined up this week, starting with the U.S. Producer Price Index (PPI) on Tuesday, Consumer Price Index (CPI) on Wednesday, and Retail Sales on Thursday.
Hot spot trackingThe number of non-farm jobs in the United States increased by 256,000 in December last year, far exceeding the expected 160,000; the unemployment rate unexpectedly fell to 4.1%; the a
Market Overview This week is packed with key economic data releases, including the U.S. PPI (Tuesday), CPI (Wednesday), and Retail Sales (Thursday). The UK will report its CPI (Wednesday), GD
Market Overview This week is packed with key economic data releases, including the U.S. PPI (Tuesday), CPI (Wednesday), and Retail Sales (Thursday). The UK will report its CPI (Wednesday), GD
The dollar index remains firm ahead of the Nonfarm Payroll that is due today.The market is cautious of a potential Japanese intervention to save Yens strength. Oil prices recovered from previous losse
On Thursday, the US dollar index strengthened for three consecutive days as Trump was expected to impose tariffs on trading partners after taking office, ultimately closing up 0.14% at 109.17. The ben
Market AnalysisGOLD - GOLD prices moved as expected, continuing within the channel initially identified. Current price action suggests potential consolidation before a significant breakout. The MACD r
Market AnalysisGOLD - GOLD prices moved as expected, continuing within the channel initially identified. Current price action suggests potential consolidation before a significant breakout. The MACD r
Market AnalysisGOLD - GOLD prices moved as expected, continuing within the channel initially identified. Current price action suggests potential consolidation before a significant breakout. The MACD r
BUY GOLD 2640 and below target 2680SELL GOLD 2685 and above target 2636BUY EURUSD 10245 target 1037SELL EURUSD 10339 target 10250BUY GBPUSD 12240 target 12350SELL GBPUSD 12345 target 12234BUY USDJPY 1
Tuesday, 14 January 2025, 15:30US PPI (MoM) (Dec) The U.S. Producer Price Index (PPI) for November 2024, published on December 12, 2024, showed a 0.4% increase from the previous month, exceeding econo
Gold prices soared for the third consecutive day, rising by 0.35%, as concerns over Donald Trumps proposed policies stimulated haven demand amid the UKs ongoing budget crisis. At the time of writing,
Kudotrade has welcomed Catharine Ioannou as their new Global Head of Human Resources. Bringing her extensive expertise in people strategies and organisational development, Catharine is set todriveKudo