The US Dollar Index (DXY) is in a precarious situation. A weekly close below that line in the sand of 100.62 could point to further weakness ahead. A further depreciation could take place next week if ...
As traders say, the “trend is your friend,” and technically, Gold is in a strong uptrend in all time frames.
Stronger than expected August Retail Sales (up 1.0% in headline terms versus a 0.4% rise expected) drove the pound to its highest in 2 1/2 years against the USD and the highest in 2 years against the ...
Trump complains the big rate cut was politically motivated, but nearly all economists can make the case that 50 bp was ...
Bitcoin (BTC) has risen 7% so far this week, supported by the US Federal Reserve (Fed) interest-rate cut and more than $300 ...
AUD/USD keeps posting green candlesticks as it steadily creeps higher. The pair hit a new 2024 high of 0.6839 on Thursday and ...
The Pound Sterling outperforms its major peers as UK Retail Sales grew at a faster-than-expected pace in August; Fears of UK ...
“The intraday chart reflects better selling pressure developing in the upper 1.11s over the past day or so as investors book profits on EUR longs. Price action is neutral on the intraday chart but ...
Reducing policy rates has become fashionable, and the CNB will likely not want to fall behind with another soft cut. Doubts ...
“It was noteworthy that there were no shipments to China and only minimal shipments to Hong Kong. The last time this happened was in January 2021. Almost no Gold was shipped to the US either. There ...
Gold rises to new highs after the Fed's 50-basis-point interest rate cut. According to Fed Funds Futures, a further interest ...
Bank of Canada Governor Tiff Macklem said on Friday that the adoption of artificial intelligence (AI) could add to inflationary pressures in the near term, per Reuters. "AI, combined with a more shock ...