After spiking higher on panic buying in early March, the speed of gold’s retracement has left investors and traders unsure of what comes next. In the initial instance, the retracement in gold from the $2070 high, along with other commodities, came on hopes of a diplomatic solution to the crisis in Ukraine. While it was […]
The post Why it’s Not the Time to Give Up on Gold appeared first on Action Forex.
EUR/USD is consolidating near 1.1532 on Wednesday, with markets adopting a wait-and-see stance ahead of the Federal Reserve’s decision. The Fed is widely expected to keep rates unchanged. Investor attention will focus on Jerome Powell’s Read more…
Switzerland’s economic outlook has been revised slightly lower as the fallout from the Middle East conflict continues to ripple through global markets. The Federal Government Expert Group on Business Cycles now expects GDP growth of Read more…
The market is fixated on the threat of accelerating inflation driven by high energy prices. As a result, central banks are expected to adopt a tighter monetary policy, keeping rates at high levels or even Read more…