The EUR/USD pair dropped on Tuesday, losing nearly four-tenths of a percentage point after a failed recovery attempt to breach the 1.0400 level. The pair continues to trade just above the 26-month lows reached last week, though the rebound remains modest. Euro bulls face increasing urgency for a reversal as the Fib retracement levels indicate […]
Outlook for the Week of January 06 – 10
Key Points to Watch Out For: Will U.S. Data Provide More Momentum for the Dollar? The U.S. dollar started the year with a slight pullback, but it quickly resumed its dominant uptrend. The Federal Reserve’s hawkish stance—lowering its 2025 rate cut forecasts to only two quarter-point reductions—has widened yield differentials between the U.S. and other […]
EUR/USD Hovering Around 1.0300 Ahead of Preliminary German Inflation Data
The EUR/USD pair is retreating from last session’s gains and trading around the 1.0300 mark in Monday’s session. Traders are closely monitoring the Eurozone Composite Purchasing Managers’ Index (PMI) and the preliminary German Consumer Price Index (CPI) data, both scheduled for release today. The pair is experiencing downward pressure as market analysts predict further declines, […]
OnEquity Highlights 2024
OnEquity, a global leader in multi-asset brokerage, proudly announces a series of transformative milestones achieved in 2024. These accomplishments underscore OnEquity’s unwavering commitment to providing unparalleled services and fostering innovation in the financial trading sector. Launch of the New and Improved Website In 2024, OnEquity has taken a significant leap forward with the launch of […]
Outlook for the Week of December 23 – 27
Key Points to Watch Out For: Inflation Appears to Be Dollar-Friendly The U.S. dollar has emerged as a dominant force in 2024, a sharp reversal from the dynamics of 2023 when Europe and other global markets struggled with persistent inflation. The Federal Reserve’s efforts to combat inflation have yielded significant progress, setting it apart from […]
Celebrate the Holidays with OnEquity
As the festive season surrounds us with joy and gratitude, OnEquity wishes you Happy Holidays and a prosperous New Year! This special time allows us to reflect on the milestones we’ve achieved together in 2024, and we are deeply thankful for the trust you’ve placed in us for your trading needs. Your unwavering support continues […]
EUR/USD Rises to Near 1.0450 on Increased Prospects
The EUR/USD pair is trading near 1.0430 on Monday, holding flat after Friday’s gains. The pair’s rise is attributed to a weakening U.S. dollar following the release of the U.S. Personal Consumption Expenditure (PCE) Price Index data. The November inflation report revealed that year-on-year core PCE inflation, the Federal Reserve’s preferred measure of inflation, rose […]
OnEquity Updates Trading Hours for the Holiday Season
As the holiday season approaches, OnEquity, a leading name in multi-asset trading, wishes to extend warm greetings to its global community of traders and investors. In observance of Christmas and New Year’s celebrations, OnEquity announces adjusted trading hours to accommodate the festive schedule while ensuring seamless service to all clients. We encourage traders to review […]
EUR/USD Pair Plunges and Falls Behind 1.05
The euro’s upward momentum dissipated on Tuesday, pushing the EUR/USD pair below the 1.0500 level as traders prepared for the final Federal Reserve meeting of 2024. European data releases remain sparse this week, leaving Fiber traders navigating key U.S. economic data as their primary focus. Euro markets largely overlooked the multiple appearances by European Central […]
Outlook for the Week of December 09 – 13
Key Points to Watch Out For: Fed to Pause in January Following last week’s data, which showed U.S. inflation slightly higher than in October, market participants are nearly unanimous in expecting the Federal Reserve to cut interest rates by 25 basis points this week. However, the likelihood of a pause in January has climbed to […]