Short-dated Treasury yields increased sharply. There is unease surrounding Wednesday’s US inflation data. Speculators are holding the biggest bullish position in the euro in over two years. Today’s EUR/USD forecast …
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The US dollar reached a five-week peak against major currencies. Data revealing increased inflation expectations in the United States. There is a 13% probability that the Fed will raise rates …
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The rebound was natural after its massive drop. XAU/USD could test and retest the resistance levels before going down. A new lower low activates more declines. The gold price turned …
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The US avoided a debt default, allowing risk appetite to return to the markets. The dollar fell on indications of a Fed pause in June. Markets are expecting another rate …
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The XAU/USD rally is natural after the last sell-off. USD’s depreciation lifted the XAU/USD. The BOC could have a big impact tomorrow. The gold price turned to the upside after …
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The bias is bearish, so a further drop is expected. A new lower low activates more declines. The S1 is seen as a potential target. The gold price extended its …
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The Fed unanimously decided to keep interest rates unchanged at the last meeting. The US released a mixed employment report. Although the US added fewer jobs than expected, the unemployment …
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The dollar fell amid a rush into the yen. The pound depreciated by nearly 1% against the dollar last week. The Bank of England will convene next week for discussions …
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The bias is bearish as the USD dominates the currency market. The channel’s downside line is seen as a potential major target. The US data could shake the price later …
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Powell stated that the robust US economy might necessitate stricter borrowing conditions. US crude oil futures settled at $89.37 per barrel, rising 1.2% on Thursday. Canadian producer prices rose by …
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