Gold Price Forecast: Bearish Correction May Extend Further Before Turnaround
This article explores the near-term fundamental and technical outlook for gold, analyzing possible scenarios taking into account current market dynamics and price action.
This article explores the near-term fundamental and technical outlook for gold, analyzing possible scenarios taking into account current market dynamics and price action.
The latest US Jobs Report showed just 175k new jobs created in April, missing expectations of 243K. The unemployment rate also ticked higher while wage growth remained subdued.
The Euro has shared in broad non-Dollar gains despite the prospect of ECB divergence from the Fed.
Risk markets are mildly positive ahead of the latest US Jobs Report (NFPs) after the 2nd largest company in the world, Apple, announced a record-breaking USD110 billion buyback program.
This article provides an in-depth examination of the U.S. dollar's fundamental and technical outlook, considering various scenarios that could unfold after the April U.S. jobs report is released.
The Federal Reserve didn’t help oil bulls as its inflation-fretting has seen us rate-cut doubts grow
Fed Chair Jerome Powell gave financial markets a slight dovish nudge last night, seemingly ruling out any US interest rate hikes. Yesterday’s weak JOLTs data put the spotlight on Friday’s NFP report.
This article discusses the short-term outlook for the US dollar from a fundamental and technical standpoint following the Fed's decision, focusing primarily on two currency pairs: EUR/USD and GBP/USD.
The Federal Reserve held interest rates unchanged for the sixth consecutive meeting, in line with expectations. Powell may offer more clues about the policy outlook during his press conference.
It seems highly likely that Tokyo intervened to boost the Yen this week. But, if it did, it didn’t get much for its money.