Gold prices have been battling with the 200-day simple moving average (SMA) over the last week, posting some spikes towards the 1,810 resistance level. Any movements beyond these obstacles could add to the optimism for Read more…
Markets Friday’s session had some interesting features in store. European traders eyed the second voluntary TLTRO repayment opportunity. The amount totaled a little less than €450bn, topping the €296bn in November and bringing the remaining Read more…
Credit: Hadlee Simons / Android Authority All of you should have a PIN code or some other form of authentication on your smartphone, preventing unauthorized people from accessing your device and serving as a security Read more…
The Dax 40 fell back as traders took profit ahead of a data-intensive week. The bulls have struggled to lift offers around June’s peak of 14650. Instead, a fall below 14350 prompted short-term buyers to Read more…
The euro retreats ahead of the ECB interest rate decision. On the daily chart, the single currency is still consolidating its gains after breaking above September’s high of 0.9850. The supply zone near the recent Read more…
The US dollar edged higher after November’s PPI beat estimates. Sentiment remains fragile after the price made a U-turn at 137.80, which was a brief support in the previous consolidation. Some buying interest has emerged Read more…
Good day, and welcome to the Daily Authority! We had a spectacular thunderstorm last night, breaking into a fresh, cool morning. These are rare weather conditions for this part of the world, but I’ll take Read more…
EUR/USD awaits double catalyst The euro consolidates as both central banks will fire their last salvos of the year. Inflation expectations remain high in the eurozone and bolster the likelihood of a 50 bp hike Read more…
Friday’s US PPI print was soft, but not soft enough to meet market expectations. The US producer prices in November rose 7.4% since a year ago, from 8% printed a month earlier, and more than Read more…
Market movers today We start the week in a quiet fashion, with Danish November inflation figures the data highlight in Scandinavia today. We expect a decline in Danish CPI inflation in November to 9.7% from Read more…