Daily Pivots: (S1) 0.8325; (P) 0.8337; (R1) 0.8351; More… Further decline is expected in EUR/GBP despite weak downside momentum. In any case, outlook will stay bearish as long as 0.8417 resistance holds. Current down trend should target 0.8276 key long term support. On the upside, above 0.8417 minor resistance will turn bias back to the […]
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Minneapolis Fed President Neel Kashkari signaled that a rate cut at the December meeting remains a “reasonable consideration,” reflecting ongoing debates within the central bank. Speaking to Bloomberg TV, Kashkari stated, “Right now, knowing what Read more…
Chicago Fed President Austan Goolsbee has reiterated his support for gradual reduction in the fed funds rate, provided there is no “convincing evidence of overheating” in the economy. He noted that the pace of rate Read more…
Gold prices experience significant drop due to hopes of a Lebanon-Israel ceasefire and the announcement of Scott Bessent as US Treasury Secretary. US Treasury yields fall and the dollar weakens in response to Bessent’s expected Read more…