Trending
- Japan’s Inflation Accelerates in March, Increasing Pressure on the BOJ
- Crude Oil – Solid Weekly Rally Signals Rebound, but Weak Demand Outlook Weighs on Sentiment
- Dollar Index – Tight consolidation expected before fresh drop, with 100 level acting as key barrier
- China’s GDP expanded more than expected in the first quarter, offering a stronger-than-anticipated start to the year, even as markets brace for the economic impact of newly imposed U.S. tariffs
- Gold surges to a fresh all-time high, breaking above $3300
- AUDUSD extends its rally for a fifth consecutive session, approaching key resistance levels
- German investor sentiment dropped in April at its sharpest rate since early 2022, according to the latest ZEW survey
- GBP/USD – Bulls retest the 1.3200 level while monitoring UK data for additional cues
- Dollar Index — Modest Rebounds Likely Before Renewed Downside Move
- The safe-haven Swiss franc hits its highest levels in a decade against the US dollar as the trade war escalates
GOLD – Bulls pause as price takes a breather, with dips expected to be shallow and find support…
Gold eased from its new record high of $2670 early Wednesday, taking a breather after a 1.10% rise on Tuesday, driven by a weaker dollar amid expectations of further aggressive rate cuts from the Fed.
The People's Bank of China's…
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Weaker-than-expected Ifo data signal that the German economy is facing mounting pressure
Data from Germany's Ifo institute, released on Tuesday, revealed that business morale fell more than expected in September, marking the fourth consecutive month of decline.
The Ifo business climate index dropped to 85.4 in September, the…
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AUD/USD dipped following a less hawkish stance from the RBA, but the broader bullish trend remains…
AUD/USD pulled back from a new multi-month high on Tuesday after the Reserve Bank of Australia (RBA) held rates steady at its policy meeting. Governor Bullock's less hawkish comments dampened expectations for potential policy tightening.…
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Weak economic data weigh on the Euro, but the broader bullish trend remains intact
EUR/USD fell sharply on Monday morning following weaker-than-expected German and French PMI data, with Germany's manufacturing PMI dropping to 40.3, signaling recession risks and dampening sentiment.
The fresh decline adds to the…
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BTC/USD – Bulls may pause after repeated failures to break through the 200-day moving average…
BTC/USD edged higher on Friday, reaching a new three-week high as it attempted to build on Thursday's 4.6% rally. Bitcoin was bolstered by the Fed's rate cut and a dovish shift in global interest rate expectations.
The technical outlook…
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The Japanese yen weakens as the BoJ keeps interest rates unchanged and signals no urgency for…
USD/JPY surged by more than two figures on Friday after the Bank of Japan left interest rates unchanged and indicated no rush for future hikes, despite borrowing costs remaining very low.
This renewed push higher follows Thursday’s…
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Gold soars to a new all-time high, surpassing $2600
Gold surged past the psychological $2600 barrier, reaching a new all-time high on Friday morning. This marks a decisive breakout after an initial post-Fed spike tested but failed to sustain a move above this key resistance level.
The…
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The Bank of England holds interest rates steady in its September policy meeting
The Bank of England held interest rates steady at 5.0% in its September policy meeting, with an 8-1 vote in favor of maintaining the current rate. This follows the central bank's first rate cut since 2020 last month.
UK policymakers also…
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The dollar index remains directionless in post-Fed trading
Wide post-Fed market swings suggest the dollar is still searching for direction, with Wednesday’s long-tailed candle and today’s extended upper shadow indicating a continuation of its range-bound, indecisive movement.
An initial dip…
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The Fed’s decision to implement a 50 basis point rate cut indicates that inflation is no…
The U.S. Federal Reserve’s decision to lower interest rates by 50 basis points during its September meeting reflects growing confidence in the economic recovery and the continued moderation of inflation. Fed Chair Jerome Powell highlighted…
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