Gold Price Outlook The price of gold snaps the recent series of higher highs and lows as it continues to pullback from a fresh yearly high ($2010), and bullion may face a larger pullback as Read more…
Gold Price Outlook The price of gold snaps the recent series of higher highs and lows as it continues to pullback from a fresh yearly high ($2010), and bullion may face a larger pullback as Read more…
The latest bank turmoil cast a dark cloud over the central bank community, forcing investors to downsize their rate projections just a week before the March policy announcements. In the UK, the Bank of England Read more…
Daily Pivots: (S1) 130.35; (P) 131.50; (R1) 132.46; More… A temporary low should be in place at 130.52 in USD/JPY. Intraday bias is turned neutral first. But further decline is expected as long as 135.10 Read more…
Canada CPI slowed from 5.9% yoy to 5.2% yoy in February, below expectation of 5.4% yoy. Excluding food and energy, CPI slowed slightly from 4.9% yoy to 4.8% yoy. All-items CPI excluding mortgage interest costs Read more…
The euro has put together a 3-day rally and is up again on Tuesday. In the European session, EUR/USD is trading quietly at 1.0756, up 0.30%. Financial markets settle down Let’s start with some good Read more…
The Euro is holding firm tone on Tuesday morning and extending advance into fourth straight day. Near-term action continues to advance along with rising daily Ichimoku cloud base, as the cloud twists next week (1.0758) Read more…
EUR/USD stays above 1.07 ahead of German ZEW economic sentiment data EUR/USD is edging lower but remains in a narrow range above 1.07 after four straight days of gains. The market mood is calmer amid Read more…
EUR/USD stays above 1.07 ahead of German ZEW economic sentiment data EUR/USD is edging lower but remains in a narrow range above 1.07 after four straight days of gains. The market mood is calmer amid Read more…
One of the most important Fed decisions in recent history lies ahead on Wednesday. Markets think the banking episode could prevent the Fed from raising rates and are pricing in rate cuts by the summer. Read more…