German Factory Orders drop 2.7% MoM in April, a negative surprise

German Factory Orders fell 2.7% MoM in April.
German Retail Sales arrived at -6.2% YoY in Apr vs. -3.1% previous.
EUR/USD keeps range below 1.0700 amid dismal German data.

more to come ...

Jun 7, 2022

Crude Oil Futures: Room for further correction near term

CME Group’s flash data for crude oil futures markets saw open interest rise by around 4.2K contracts at the beginning of the week, extending at the sa

NZD/USD Price Analysis: Renews fortnight low near 0.6450, 20-DMA tests further downside

NZD/USD holds lower ground near a two-week low of 0.6439, down 0.67% intraday around 0.6448 by the press time. In doing so, the Kiwi pair justifies th