ECB’s de Guindos Signals Cautious Approach: What This Means for the Euro and Forex Traders
European Central Bank (ECB) Vice President Luis de Guindos recently highlighted that while economic growth in the Eurozone remains positive, it is still very low. This cautious assessment comes amid lingering uncertainty from global trade tensions, rising energy costs, and moderate domestic demand across EU member states.
U.S. Government Shutdown Could End Soon: What Senate Developments Mean for the Dollar and Forex Markets
Senate Majority Leader John Thune has indicated that a government shutdown agreement is nearly ready, signaling potential resolution to weeks of political deadlock in Washington, D.C. According to Axios, Democrats are prepared to bring bills to the Senate floor to end the shutdown, with at least 10 Senate Democrats expected to support the plan.
UK House Prices Edge Higher in October — Are Home Renovations Driving the Market?
October brought a modest but encouraging uptick in the UK housing market. According to the latest Nationwide House Price Index (HPI), annual house price growth edged higher to 2.4%, marking a slight improvement in the overall property landscape.
UK Private Sector Shows Signs of Life — What It Means for Forex Traders
The UK's private sector edged back toward growth in October, according to the latest S&P Global “Flash” composite PMI data. The headline index climbed to 51.1 — up from 50.1 in September and comfortably above the 50.0 threshold that separates contraction from expansion.