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…
Asian Indices: Australia’s ASX 200 index rose by 56.9 points (0.82%) and currently trades at 6,955.40 Japan’s Nikkei 225 index has fallen by -388.12 points (-1.42%) and currently trades at 26,945.67 Hong Kong’s Hang Seng Read more…
Daily Pivots: (S1) 1.3628; (P) 1.3688; (R1) 1.3723; More…. Intraday bias in USD/CAD stays neutral as range trading continues. Further rally is expected with 1.3650 support intact. On the upside, break of 1.3860 will resume Read more…
Key Highlights GBP/USD started a fresh increase above the 1.2120 resistance. A connecting bullish trend line is forming with support near 1.2180 on the 4-hours chart. Gold price corrected lower after it failed to test Read more…
Key Highlights GBP/USD started a fresh increase above the 1.2120 resistance. A connecting bullish trend line is forming with support near 1.2180 on the 4-hours chart. Gold price corrected lower after it failed to test Read more…
Key Highlights GBP/USD started a fresh increase above the 1.2120 resistance. A connecting bullish trend line is forming with support near 1.2180 on the 4-hours chart. Gold price corrected lower after it failed to test Read more…
The minutes of RBA’s meeting on March 7 indicate that the central bank is considering a more cautious approach in tightening monetary policy, as uncertainty surrounding the economic outlook persists. The RBA members observed that Read more…
Welcome to another edition of the Currency Pair of the Week. With the Fed and BoE rate decisions to come, along with some key economic data from both the UK and US, the GBP/USD has Read more…
Welcome to another edition of the Currency Pair of the Week. With the Fed and BoE rate decisions to come, along with some key economic data from both the UK and US, the GBP/USD has Read more…