Important upcoming events and publications for May 29 (GMT):
07:55 Unemployment in Germany. Risks for EUR: moderate. This month, it is expected the number of unemployed drops by 8K after a decline by a 12K month earlier. the Number of unemployed maintains a trend of decline for more than five years, but the slowdown in economic growth may interrupt it. The data is less than the forecast favourable for the Euro.
14:00 Bank of Canada rate decision. Risks for CAD: high. BoC is expected to keep the key rate at 1.75% and stick to a wait-and-see mode. The willingness to lower the rate may become an unpleasant surprise for the Canadian dollar.
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…
Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…
• EURUSD falls due to geopolitics and expectations of tariff removal • Gold returns to…
Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…
Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…
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