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HUBFX Market Report – End of November, 2024

November 27, 2024/

Insights on US Mortgage Data, GBP/USD Trends, and Key Economic Updates 📰💹 US MBA Mortgage Applications: Surging Activity Amidst Mixed Trends 🏡📊 Date: November 22, 2024Reported: +6.3% (prior +1.7%) The US MBA Mortgage Applications index saw a significant surge of 6.3%, driven by a sharp rise in purchase activity. This…

HUBFX Market Report – 22 November, 2024

November 22, 2024/

USD/JPY Technical Analysis: Navigating Key Levels and Trends 1. Market Overview: A Week of Rangebound Movement 🌀 The USD/JPY pair has exhibited a rangebound trading pattern throughout the past week. Despite sporadic late-day strength in the USD, these gains were largely erased, leaving the pair oscillating around critical levels. 2.…

HUBFX Market Report – End of October, 2024

October 31, 2024/

Overview Today’s market movements reflect a complex interplay of political developments, economic indicators, and sector performance. Notably, the UK financial landscape is under scrutiny following the Labour Party’s first budget in 15 years, leading to significant shifts in bond yields and currency valuations. UK Economic Developments A spokesperson for Labour…