Gold Price Loses Strength, US Retail Sales, PPI in Focus
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…
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…
The Canadian dollar strengthened after a huge jump in oil prices on Wednesday. The EIA reported a stronger-than-expected increase in crude oil inventories last week. Traders await US data on…
The dollar strengthened on Tuesday after US inflation data beat forecasts. Annual inflation in the US increased by 3.2%. Oil fell on Tuesday following a forecast of higher-than-expected US oil…
A new lower low triggers more dips. The midline (ml) is viewed as a potential target. Tomorrow US data should bring big action. EUR/USD is trading in the red at…
The US released an inflation report showing a higher-than-expected annual rate. Toyota has announced the largest wage increase for its workers in the last 25 years. Ueda said the Japanese…
KSAU/USD broke out of the upward channel, signaling an overbought situation. Removing a pivot point activates more drop. US inflation data should shake up markets. The price of gold rose…
British wages minus bonuses rose much more slowly than expected. Investors expect a bigger cut of 74 basis points by the BoE this year. Investors are getting ready to receive…
Economists expect a monthly increase in US consumer inflation of 0.3%. Friday's data revealed a softer US labor market. Markets are expecting the ECB's first rate cut in June. The…
Bias remains bullish despite temporary pullbacks. US inflation should move markets tomorrow. Failure to stay above the upper middle line signaled exhausted buyers. GBP/USD turned lower after reaching a high…
Japan's conditions are aligned for the Bank of Japan to start raising interest rates. Policy makers expect significant wage increases in Japan. The probability of a Fed rate cut in…