Blogs

Economists at Rabobank expect the upside potential of the Japanese Yen (JPY) vs.

Silver (XAG/USD) remains under some selling pressure for the second successive day on Monday and drops to a near two-week low, below mid-$22.00s during the first half of the European session.

The US Dollar (USD) continues to trade at stronger levels after regaining upward momentum at the end of last week.

West Texas Intermediate (WTI) US Crude Oil prices extend last week's rejection slide from the 100-day Simple Moving Average (SMA), around the $79.20 area, or the YTD peak, and drift lower for the fourth successive day on Monday.

Eurozone Producer Price Index (MoM) meets forecasts (-0.8%) in December

Eurozone Producer Price Index (YoY) registered at -10.6%, below expectations (-10.5%) in December

The Dollar was able to make significant gains on Friday following the release of the US labor market report.

Function: Trend. Mode: Impulse. Structure: Motive. Position: Minute wave {ii} of 1.

Gold price (XAU/USD) remains under some selling pressure for the second successive day on Monday and seems vulnerable to extending last week's retracement slide from the $2,065 area, or a one-month peak.

The Eurozone Sentix Investor Confidence Index improved further from -15.8 in January to -12.9 in February, the latest survey showed on Monday.