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Read more about the article Gold Price Retraces to Demand Zone as Dollar Probes Recovery

Gold Price Retraces to Demand Zone as Dollar Probes Recovery

  • Post author:admin
  • Post published:January 2, 2024
  • Post category:news
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The bias is bullish as long as it is above the lower median line. American data could be decisive tomorrow. A new higher high activates further growth. The price of…

Continue ReadingGold Price Retraces to Demand Zone as Dollar Probes Recovery
Read more about the article AUD/USD Outlook: Dollar Strengthens Ahead of Key Data

AUD/USD Outlook: Dollar Strengthens Ahead of Key Data

  • Post author:admin
  • Post published:January 2, 2024
  • Post category:news
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Markets await data from the US this week. Australian house prices rose last year, rebounding significantly from a 5% fall in 2022. RBA raised rates in November last year by…

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Read more about the article GBP/USD Price Analysis: Pound Weakens After 2023’s 5% Surge

GBP/USD Price Analysis: Pound Weakens After 2023’s 5% Surge

  • Post author:admin
  • Post published:January 2, 2024
  • Post category:news
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Last year, the pound had its strongest performance since 2017, rising 5%. Sticky inflation has forced the Bank of England to delay monetary easing compared to its peers. Markets expect…

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Read more about the article GBP/USD Weekly Forecast: Dollar Falls as Inflation Eases

GBP/USD Weekly Forecast: Dollar Falls as Inflation Eases

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  • Post published:December 23, 2023
  • Post category:news
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The data showed that annual inflation in the US fell further below 3% in November. Thursday's figures reveal a worsening of the UK's budget situation. UK inflation was lower than…

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Read more about the article USD/CAD Weekly Forecast: BoC-Fed Divergence Favors Bears

USD/CAD Weekly Forecast: BoC-Fed Divergence Favors Bears

  • Post author:admin
  • Post published:December 23, 2023
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Canada's economy experienced a third consecutive month of underperformance. The annual inflation rate in Canada remained at 3.1% in November. US prices saw their first decline in more than 3…

Continue ReadingUSD/CAD Weekly Forecast: BoC-Fed Divergence Favors Bears
Read more about the article USD/JPY Price Analysis: Investors on Edge Ahead of US Inflation

USD/JPY Price Analysis: Investors on Edge Ahead of US Inflation

  • Post author:admin
  • Post published:December 22, 2023
  • Post category:news
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The US inflation scenario is now leaning towards lower levels. The dollar index is poised for a weekly loss of approximately 0.73%. The data revealed a 2.5% year-on-year increase in…

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Read more about the article USD/CAD Outlook: Dollar Near 4-Month Low Ahead of Inflation

USD/CAD Outlook: Dollar Near 4-Month Low Ahead of Inflation

  • Post author:admin
  • Post published:December 22, 2023
  • Post category:news
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Investors brace for key US spending data. A rebound in US stocks supported the Canadian dollar on Thursday. Canadian retail sales rose 0.7% in October compared to September. A bearish…

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Read more about the article Gold Price Forms a Bullish Flag, All Eyes on US GDP Data

Gold Price Forms a Bullish Flag, All Eyes on US GDP Data

  • Post author:admin
  • Post published:December 21, 2023
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Data for the US and Canada should move the rate today. A new higher high activates further growth. The bias remains bullish as long as it is above the lower…

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Read more about the article GBP/USD Forecast: Pound Nurses Losses Ahead of US GDP

GBP/USD Forecast: Pound Nurses Losses Ahead of US GDP

  • Post author:admin
  • Post published:December 21, 2023
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British inflation reached an annual rate of 3.9 percent in October, which is the lowest level in two years. Investors have fully paid for the Bank of England rate cut…

Continue ReadingGBP/USD Forecast: Pound Nurses Losses Ahead of US GDP
Read more about the article EUR/USD Outlook: ECB Fails to Suppress Rate-Cut Bets

EUR/USD Outlook: ECB Fails to Suppress Rate-Cut Bets

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  • Post published:December 21, 2023
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ECB policymakers have tried to discourage traders from speculating on an impending rate cut. Traders raised their bets on lower ECB rates after lower UK inflation. Investors await final estimates…

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