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Read more about the article GBP/USD Weekly Forecast: Hawkish BoE Gathering Traction

GBP/USD Weekly Forecast: Hawkish BoE Gathering Traction

  • Post author:admin
  • Post published:December 16, 2023
  • Post category:news
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Inflation reports from the US showed further easing, supporting the Fed's pivot. Policymakers were bullish at the Fed's meeting on Wednesday, signaling an end to interest rate hikes. The BOE…

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Read more about the article Gold Price Unchanged Below Recent Top Ahead of US PMIs

Gold Price Unchanged Below Recent Top Ahead of US PMIs

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  • Post published:December 15, 2023
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The gold price bias remains bullish in the short term as the US dollar is bearish. Removing the pivot point activates further growth. US economic data should bring sharp changes.…

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Read more about the article GBP/USD Price Analysis: Bulls Dominate After Hawkish BoE

GBP/USD Price Analysis: Bulls Dominate After Hawkish BoE

  • Post author:admin
  • Post published:December 15, 2023
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The BOE has confirmed its commitment to keeping UK interest rates elevated. Bailey said there is still a long way to go in solving the problem of inflation. October saw…

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Read more about the article EUR/USD Outlook: Euro Gains as ECB Maintains Hawkish Stance

EUR/USD Outlook: Euro Gains as ECB Maintains Hawkish Stance

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  • Post published:December 15, 2023
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The European Central Bank has maintained its hawkish stance. Powell signaled on Wednesday that the era of monetary policy tightening is likely over. Markets are currently pricing in a 75%…

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Read more about the article Gold Price Rallies Above $2,000 After Dovish FOMC

Gold Price Rallies Above $2,000 After Dovish FOMC

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  • Post published:December 14, 2023
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XAU/USD is strongly bullish as the DXI fell after the FOMC. Breaking the resistance level may herald further growth towards the middle line. BOE and ECB should bring high volatility…

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Read more about the article EUR/USD Outlook: Bulls Emerge After Dovish Fed, Eyes on ECB

EUR/USD Outlook: Bulls Emerge After Dovish Fed, Eyes on ECB

  • Post author:admin
  • Post published:December 14, 2023
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The European Central Bank is poised to maintain historically high borrowing costs. Investor expectations point to a possible ECB rate cut in the spring. The Fed recently signaled lower borrowing…

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Read more about the article AUD/USD Forecast: Aussie Hits Five-Month High on Strong Jobs

AUD/USD Forecast: Aussie Hits Five-Month High on Strong Jobs

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  • Post published:December 14, 2023
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In November, employment in Australia exceeded expectations for the second month in a row. The Reserve Bank of Australia may have concluded its tightening cycle. Following the Federal Reserve's latest…

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Read more about the article USD/JPY Price Stalls Below 146.0, Focus Shifts on FOMC

USD/JPY Price Stalls Below 146.0, Focus Shifts on FOMC

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  • Post published:December 13, 2023
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The price of USD/JPI could fall at any time if it remains below the downtrend line. FOMC should bring high volatility. The hawkish speech should lift the dollar. The USD/JPY…

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Read more about the article Pound Dives as UK GDP Contracts

Pound Dives as UK GDP Contracts

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  • Post published:December 13, 2023
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UK economic data revealed a contraction of 0.3% in October. Consumer prices in the US at the end of November recorded a growth of 3.1% on an annual basis. British…

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Read more about the article USD/CAD Forecast: Dollar Recovers Ahead of Fed Rates

USD/CAD Forecast: Dollar Recovers Ahead of Fed Rates

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  • Post published:December 13, 2023
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Traders are preparing for the conclusion of the Federal Reserve's policy meeting. Investors are waiting to see if Powell opposes the idea of ​​cutting interest rates in the first half…

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