Just because it’s a holiday Monday doesn’t mean you can live without coffee. So if a Starbucks run is part of your morning routine, you may be wondering whether you can still grab that iced Read more…
Key Highlights EUR/USD dipped further before the bulls appeared near 1.1575. It traded above a bearish trend line with resistance at 1.1610 on the 4-hour chart. GBP/USD climbed higher above the 1.3450 resistance zone. Gold Read more…
Outside developments surrounding the US-Iran negotiations, this week’s largest FX event risks may come from Oceania, where traders face a potentially divergence between the policy outlooks of the Reserve Bank of New Zealand and Reserve Read more…
A split emerged within the NZIER Monetary Shadow Board ahead of this week’s Reserve Bank of New Zealand policy decision. While the majority recommended keeping the Official Cash Rate unchanged at 2.25%, several members argued Read more…
ECB President Christine Lagarde opened the door wider to a June rate hike after signaling that the central bank’s inflation forecasts are likely to move higher again. Lagarde said the ECB’s March projection of 2.6% Read more…
The week remained focused on the Iran situation, as negotiations reached an important stage. Some progress was reported, but major issues remained, especially around Iran’s uranium enrichment program and how quickly sanctions could be eased. Read more…
GBPJPY: ⬆️ Buy GBPJPY reversed from support zone Likely to rise to resistance level 214.40 GBPJPY currency pair recently reversed up from the support zone between the support level 211.00 (which has been reversing the Read more…
Dow Jones: ⬆️ Buy Dow Jones broke resistance zone Likely to rise to resistance level 51000.00 Dow Jones index continues to rise after the earlier breakout of the resistance zone between the resistance levels 50000.00 Read more…
The S&P 500 is up roughly 9% this year. The average large-cap mutual fund is up too, in absolute terms. The gap between those two facts is where Goldman Sachs found its story. According to Read more…