Gold Price Retraces to Demand Zone as Dollar Probes Recovery
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…