European Union Foreign Exchange

EUR/GBP remains neutral in short and long term

EUR/GBP has had a strong bearish rally this morning after the bounce off the 0.8940 resistance level. Neutral to negative risks remain in the background as the RSI decreases momentum to the downside in the positive region, while the %K…

ISM Manufacturing PMI to tick up in November

The ISM manufacturing index, a closely watched indicator for US factory activity and thus a growth barometer will come into the light on Monday at 15:00 GMT. The figure is expected to show that manufacturers regained some lost ground in…

Forex » The week ahead from december 2 to 7

The coming week on the forex markets will be significant both in terms of data releases as well as for central bank meetings. November nonfarm payrolls out of the US will likely be the most anticipated report but it’s going to be a big…