Gold Price Struggling to Rebound, Eyes on US Inflation
KSAU/USD seems determined to move back higher as long as it stays above the lower midline. US inflation data should bring sharp developments tomorrow. Only the new lower low cancels…
KSAU/USD seems determined to move back higher as long as it stays above the lower midline. US inflation data should bring sharp developments tomorrow. Only the new lower low cancels…
The dollar rose 1% this month, recovering from a 2% decline in December. The Canadian dollar fell to its lowest level in nearly four weeks on Tuesday. Data from Canada…
Activating the flag pattern indicates more gains. The new lower low reverses the upside scenario. A pullback above the midline (ml) signals a larger move to the upside. USD/JPI fell…
Short-term US consumer inflation projections hit their lowest level in nearly three years in December. November retail sales in Australia saw their biggest jump in two years. The swaps showed…
Investors were largely on the sidelines ahead of the US inflation report Investor morale in the eurozone reached its highest level since May. US consumers' short-term inflation expectations fell to…
The recovery in US Treasury yields supported the rise of the dollar. Data showed stronger-than-expected growth in US employment and wages in December. The Canadian economy added just 100 jobs…
Investors awaited more clues on the Fed's policy outlook in the US inflation report. Business data suggested the UK economy was more resilient than feared in December. Data on Friday…
A new lower low triggers more dips. US inflation data should shake up the price. False failures can bring a new rally. The price of gold is trading in the…
The dollar strengthened on upbeat employment data and reduced rate cut bets. Analysts said the jobs report meant the Fed was unlikely to cut rates before March. The Fed has…
Fed policymakers agreed that inflation was under control. US job creation and initial jobless claims fell. Private sector employment and nonfarm payrolls rose, strengthening the dollar. The GBP/USD weekly forecast…