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Read more about the article Gold Price Calm Near $2,160 as Fed, BoE Loom

Gold Price Calm Near $2,160 as Fed, BoE Loom

  • Post author:admin
  • Post published:March 18, 2024
  • Post category:news
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As long as it remains below the downtrend line, KSAU/USD could approach new lows. Fundamentals should move the rate during the week. After such impressive growth, a correction is natural.…

Continue ReadingGold Price Calm Near $2,160 as Fed, BoE Loom
Read more about the article GBP/USD Outlook: Pound Recovers Ahead of Key Policy Decisions

GBP/USD Outlook: Pound Recovers Ahead of Key Policy Decisions

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  • Post published:March 18, 2024
  • Post category:news
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The pound fell last week on falling expectations of a Fed rate cut. The Fed will meet on Tuesday and is likely to keep rates unchanged. The Bank of England…

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Read more about the article USD/JPY Forecast: Holds Ground Ahead of BoJ, Fed

USD/JPY Forecast: Holds Ground Ahead of BoJ, Fed

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  • Post published:March 18, 2024
  • Post category:news
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There is a 39% chance the BoJ will hike on Tuesday. The Fed will meet on Wednesday and likely keep rates on hold. There is a 57% chance that the…

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Read more about the article AUD/USD Weekly Forecast: Fed to Adjust Tone Amid High Inflation

AUD/USD Weekly Forecast: Fed to Adjust Tone Amid High Inflation

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  • Post published:March 16, 2024
  • Post category:news
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Consumer and producer prices rose more than expected. The data showed a smaller-than-expected increase in US retail sales. Investors await political decisions in the US and Australia. The weekly AUD/USD…

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Read more about the article USD/JPY Weekly Forecast: Hotter Inflation Fades Rate Cut Odds

USD/JPY Weekly Forecast: Hotter Inflation Fades Rate Cut Odds

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  • Post published:March 16, 2024
  • Post category:news
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Data on consumer and producer prices in the US revealed a jump in inflation. There was optimism that big companies in Japan would raise wages. Investors will pay attention to…

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Read more about the article EUR/USD Price Paused Losses Ahead of 1.0867 Support Post PPI

EUR/USD Price Paused Losses Ahead of 1.0867 Support Post PPI

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  • Post published:March 15, 2024
  • Post category:news
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The bias remains bullish as long as it is above the median line (ml). A new lower low triggers more dips. US economic data should have a big impact today.…

Continue ReadingEUR/USD Price Paused Losses Ahead of 1.0867 Support Post PPI
Read more about the article USD/JPY Outlook: Upbeat US Wholesale Inflation Lends Support

USD/JPY Outlook: Upbeat US Wholesale Inflation Lends Support

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  • Post published:March 15, 2024
  • Post category:news
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Producer prices rose 0.6%, beating estimates for a 0.3% rise. US retail sales missed forecasts, showing a slowdown in consumer spending. The yen was steady as investors awaited the final…

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Read more about the article AUD/USD Price Analysis: Dollar Strengthens, RBA Set to Hold

AUD/USD Price Analysis: Dollar Strengthens, RBA Set to Hold

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  • Post published:March 15, 2024
  • Post category:news
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Wholesale inflation in the US increased by 0.6% in February. Investors cut bets on a Fed rate cut in June. The RBA is likely to keep rates on hold at…

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Read more about the article GBP/USD Forecast: Pound Recovers on Positive Economic Growth

GBP/USD Forecast: Pound Recovers on Positive Economic Growth

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  • Post published:March 14, 2024
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Data on Wednesday showed that the UK economy grew at a rate of 0.2% in January. Market participants expect the first BoE cut in June. Investors await the report on…

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Read more about the article Gold Price Loses Strength, US Retail Sales, PPI in Focus

Gold Price Loses Strength, US Retail Sales, PPI in Focus

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  • Post published:March 14, 2024
  • Post category:news
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US data should move the rate today. Taking out a pivot point activates a larger drop. The middle line could attract the price. The price of gold has turned lower…

Continue ReadingGold Price Loses Strength, US Retail Sales, PPI in Focus
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