Wednesday’s round of pre-holiday US data came in mostly as expected on the whole. This left the market thinking about month-end flow, which leaned heavily out of the Buck’s favor. US markets are closed for the Thanksgiving holiday.  

 

Any opinions, news, research, analyses, prices or other information ("information") contained on this Blog, constitutes marketing communication and it has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Further, the information contained within this Blog does not contain (and should not be construed as containing) investment advice or an investment recommendation, or an offer of, or solicitation for, a transaction in any financial instrument. LMAX Group has not verified the accuracy or basis-in-fact of any claim or statement made by any third parties as comments for every Blog entry. LMAX Group will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. No representation or warranty is given as to the accuracy or completeness of the above information. While the produced information was obtained from sources deemed to be reliable, LMAX Group does not provide any guarantees about the reliability of such sources. Consequently any person acting on it does so entirely at his or her own risk. It is not a place to slander, use unacceptable language or to promote LMAX Group or any other FX, Spread Betting and CFD provider and any such postings, excessive or unjust comments and attacks will not be allowed and will be removed from the site immediately. LMAX Group will clearly identify and mark any content it publishes or that is approved by LMAX Group. FX and CFDs are leveraged products that can result in losses exceeding your deposit. They are not suitable for everyone so please ensure you fully understand the risks involved. The information on this website is not directed at residents of the United States of America, Australia (we will only deal with Australian clients who are "wholesale clients" as defined under the Corporations Act 2001), Canada (although we may deal with Canadian residents who meet the "Permitted Client" criteria), Singapore or any other jurisdiction where FX trading and/or CFD trading is restricted or prohibited by local laws or regulations. LMAX Limited operates a multilateral trading facility. LMAX Limited is authorised and regulated by the Financial Conduct Authority (firm registration number 509778) and is a company registered in England and Wales (number 6505809). Our registered address is Yellow Building, 1A Nicholas Road, London, W11 4AN.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD struggles to hold above 1.0550, eyes on German inflation data

EUR/USD struggles to hold above 1.0550, eyes on German inflation data

EUR/USD stays on the back foot and trades in negative territory slightly below 1.0550 on Thursday. Soft regional inflation data from Germany seems to be weighing on the Euro as investors await nation-wide Consumer Price Index figures.

EUR/USD News
GBP/USD trades below 1.2700 on modest USD recovery

GBP/USD trades below 1.2700 on modest USD recovery

GBP/USD stays under modest bearish pressure and fluctuates below 1.2700 on Thursday. The US Dollar corrects higher following Wednesday's sharp decline, making it difficult for the pair to continue to push higher. US markets will remain close on Thanksgiving Day. 

GBP/USD News
Gold clings to small daily gains near $2,650

Gold clings to small daily gains near $2,650

Gold (XAU/USD) reverses an intraday dip to the $2,620 area and trades near $2,650 on Thursday, albeit it lacks bullish conviction. Investors remain concerned that US President-elect Donald Trump's tariff plans will impact the global economic outlook. 

Gold News
Fantom bulls eye yearly high as BTC rebounds

Fantom bulls eye yearly high as BTC rebounds

Fantom (FTM) continued its rally and rallied 8% until Thursday, trading above $1.09 after 43% gains in the previous week. Like FTM, most altcoins have continued the rally as Bitcoin (BTC) recovers from its recent pullback this week. 

Read more
Eurozone PMI sounds the alarm about growth once more

Eurozone PMI sounds the alarm about growth once more

The composite PMI dropped from 50 to 48.1, once more stressing growth concerns for the eurozone. Hard data has actually come in better than expected recently – so ahead of the December meeting, the ECB has to figure out whether this is the PMI crying wolf or whether it should take this signal seriously. We think it’s the latter.

Read more
Best Forex Brokers with Low Spreads

Best Forex Brokers with Low Spreads

VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.

Read More

Majors

Cryptocurrencies

Signatures