5-year and 10-year US breakeven inflation rates have just staged a major bullish breakout from a two-year plus of basing formation. Trade War 2.0 involves the US and other major trading partners that may disrupt international trade and dampen global economic growth. The resurgence of stagflation risk has triggered bullish movements on Gold (XAU/USD). Watch […]
The post Gold: Stagflation Fears Supporting Fresh New All-Time Highs appeared first on Action Forex.
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USD/JPY is testing a crucial support level. BOJ rate hike expectations are growing on the back of strong data. Key support levels are at 151.53 and 150.00, while resistance levels are at 153.91, 155.00, and Read more…
ECB Chief Economist Philip Lane emphasized the need for a balanced approach in the easing cycle, advocating a measured pace to avoid either stifling economic growth or fueling excessive inflation. He highlighted that a “middle Read more…