US Dollar (USD)

The durable goods orders report for February will be released later today. Economists forecast that core durable goods orders will rise 0.3% on the month, reversing the 0.2% declines from January. Economists forecast that headline…
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The US Commerce Department will be releasing the final revised fourth-quarter GDP figures this week on Thursday. Economists polled forecast that the US economic growth will slow to a pace of 2.4% on the quarter. This marks a downward…
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German PMI Falls to Near 6-Year Low Earlier, data from Europe saw German and French PMIs falling back into contractionary levels. Germany's Flash manufacturing PMI declined to 44.7, a near 6-year low. Meanwhile, services came out somewhat…
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EURUSD Forms a Double Top Pattern The euro posted modest gains on Friday as price action settled near March 13 highs of 1.1329, forming a double top pattern. The gains came as final inflation figures for February showed that consumer…
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The big macroeconomic event for the week is coming up with the release of February US Non-Farm Payrolls (NFP) at 08:30 EST (or 14:30 CET). The release comes with a host of other data besides employment figures and has a habit of…
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The Fed Chairman, Jerome Powell gave his semi-annual two-day testimony to the U.S. Congress last week. In his testimony, Powell defended the central bank’s monetary policy actions and urged patience in its approach to interest rate hikes.…
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An early report from the Wall Street Journal signaled that the US and China are close to a breakthrough trade deal. According to the media source, the agreement could recalibrate US tariffs on Chinese goods, if not completely lift them.…
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The U.S. Federal Reserve released the meeting minutes from the monetary policy meeting from early January. The central bank’s minutes showed that officials discussed ending the reduction in the central bank’s balance sheets before the end…
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UK Prime Minister Theresa May and European Commission President Jean-Claude Junker have promised to round off Brexit negotiations before the Spring European Council on March 21. May had just postponed yet another "meaningful vote"…
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