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Read more about the article Gold Price Struggling to Rebound, Eyes on US Inflation

Gold Price Struggling to Rebound, Eyes on US Inflation

  • Post author:admin
  • Post published:January 10, 2024
  • Post category:news
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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…

Continue ReadingGold Price Struggling to Rebound, Eyes on US Inflation
Read more about the article USD/CAD Price Analysis: Dollar Stays Firm on Eve of Inflation Data

USD/CAD Price Analysis: Dollar Stays Firm on Eve of Inflation Data

  • Post author:admin
  • Post published:January 10, 2024
  • Post category:news
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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…

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Read more about the article USD/JPY Price Lacking Bullish Conviction Near 144.0, Eyes on CPI

USD/JPY Price Lacking Bullish Conviction Near 144.0, Eyes on CPI

  • Post author:admin
  • Post published:January 9, 2024
  • Post category:news
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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…

Continue ReadingUSD/JPY Price Lacking Bullish Conviction Near 144.0, Eyes on CPI
Read more about the article AUD/USD Outlook: Dollar on the Front Foot Ahead of the US CPI

AUD/USD Outlook: Dollar on the Front Foot Ahead of the US CPI

  • Post author:admin
  • Post published:January 9, 2024
  • Post category:news
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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…

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Read more about the article EUR/USD Price Analysis: Euro Edges Lower with Focus on CPI

EUR/USD Price Analysis: Euro Edges Lower with Focus on CPI

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  • Post published:January 9, 2024
  • Post category:news
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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…

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Read more about the article USD/CAD Forecast: Dollar Gains as Market Brace for US Inflation

USD/CAD Forecast: Dollar Gains as Market Brace for US Inflation

  • Post author:admin
  • Post published:January 8, 2024
  • Post category:news
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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…

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Read more about the article GBP/USD Outlook: Investors Eye US Inflation for Policy Guidance

GBP/USD Outlook: Investors Eye US Inflation for Policy Guidance

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  • Post published:January 8, 2024
  • Post category:news
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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…

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Read more about the article Gold Price Under Pressure as Market Awaits US CPI Data

Gold Price Under Pressure as Market Awaits US CPI Data

  • Post author:admin
  • Post published:January 8, 2024
  • Post category:news
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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…

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Read more about the article AUD/USD Weekly Forecast: Dollar Strengthens on Upbeat NFP

AUD/USD Weekly Forecast: Dollar Strengthens on Upbeat NFP

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  • Post published:January 6, 2024
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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…

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Read more about the article GBP/USD Weekly Forecast: Strong NFP Pours Water on Rate Cuts

GBP/USD Weekly Forecast: Strong NFP Pours Water on Rate Cuts

  • Post author:admin
  • Post published:January 6, 2024
  • Post category:news
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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…

Continue ReadingGBP/USD Weekly Forecast: Strong NFP Pours Water on Rate Cuts
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