Markets The Fed yesterday as expected raised its policy rate by 50 bps, bringing the target range to 0.75%-1.0%. More 50 bps hikes are likely in coming meetings. In a direct address to the American people, Chair Powell said the Fed will use its tools to resolve the hardship that high inflation is causing. With […]
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The USD/JPY currency pair is showing a bearish trend that began on July 3, 2024, and is expected to continue declining toward the 136.50 level. In the short term, the price movement since the March Read more…
The XAU/USD chart shows that the ATR (Average True Range) indicator has reached its highest level in several weeks, signalling increased market volatility. In addition, trading activity is being fuelled by heightened geopolitical tensions, now Read more…
Two-way volatility returned to the US stock market, with major indices declining for a second consecutive session during the overnight US trading on 6 May. The pullback was driven by rising concerns over the economic Read more…