The business activity in the US service sector stagnated in September, with the Institute for Supply Management’s (ISM) Services Purchasing Managers Index (PMI) declining to 50 from 52 in August. This reading came in below the market expectation of 51.7. Source: fxstreet.com (Read Full Article)
EUR/JPY rebounds as Yen pressured by political uncertainty and soft jobs data
The Euro (EUR) gains traction against the Japanese Yen (JPY) on Friday, recovering after briefly slipping to its lowest level since September 9 on Thursday. At the time of writing, EUR/JPY trades near 173.00, staging a modest rebound from recent lows. Source: fxstreet.com (Read Full Article)
Macedonia Balance of Trade
Time left Impact Previous Consensus Actual 9h 59min $-373.0M $-310.0M Source: myfxbook.com (Read Full Article)
Elliott Wave forecast: SPDR S&P 500 (SPY)’s path to record peaks [Video]
The Short-Term Elliott Wave analysis for the SPDR S&P 500 ETF (SPY), starting from August 2, indicates an ongoing impulsive rally. From the August 2 low, the ETF surged in wave ((i)) to 647.04, followed by a dip in wave ((ii)) concluding at 634.92. The ETF then climbed in wave ((iii)) to 667.34. Source: fxstreet.com (Read Full Article)
Gold trades below record highs as US shutdown drags on; ISM Services PMI softens
Gold (XAU/USD) gains ground above $3,850 on Friday, trading around $3,875 during the American session, up nearly 0.50% on the day. The metal has recovered from an intraday low near $3,838, finding fresh bids as the US Dollar (USD) eases following Thursday’s modest rebound. Source: fxstreet.com (Read Full Article)
GBP/USD rises as US shutdown prolongs, Fed data gap grows
The Pound Sterling (GBP) advances some 0.26% against the US Dollar (USD) on Friday as the US government began its third day of shutdown and skipped the release of Nonfarm Payroll figures for September. Source: fxstreet.com (Read Full Article)
Egypt Foreign Exchange Reserves
Time left Impact Previous Consensus Actual 11h 29min $49.25B $49.3B Source: myfxbook.com (Read Full Article)
EUR/USD holds modest bid amid US shutdown and mixed PMI readings
The Euro (EUR) trades with a modest bid against the US Dollar (USD) on Friday, with EUR/USD stuck within this week’s range of 1.1750-1.1700. Source: fxstreet.com (Read Full Article)
Mexico Consumer Confidence
Time left Impact Previous Consensus Actual 11h 59min 46.7 47.1 Source: myfxbook.com (Read Full Article)
Pound Sterling Price News and Forecast: GBP/USD rises as US shutdown prolongs, Fed data gap grows
The Pound Sterling advances some 0.26% on Friday as the US government began its third day of shutdown and skipped the release of Nonfarm Payroll figures for September. Source: fxstreet.com (Read Full Article)