Gold and Dow Jones Sink After ECB Spooked Markets, XAU/USD Reversal in Motion?
Gold prices sank the most in 3 months alongside the Dow Jones after a slew of rates hikes from central banks in Europe. Is more pain in store for XAU/USD…
Read More »A Decisive FOMC Today Could Be Bad For BoE Tomorrow
Like the ECB, the BoE seems increasingly spooked by the risk of second round effects, against the background of a labor market that is tighter than the central bank factored…
Read More »Events to Look Out For Next Week
Markets are preparing for a massive week full of key economic data and further tightening from the central banks. The FED, the SNB, the BOE and the ECB highlights on…
Read More »How to Day Trade the EUR/GBP: Movers and Strategies
The EUR/GBP pair is a popular forex cross in the market because of the strength of the British and European economies. Also called the chunnel, the pair offers huge opportunities…
Read More »Events to Look Out For Next Week
Following Chair Powell and economic data that weighed on USD this week, the strong NFP numbers (263k vs. 200k) managed to reverse that pressure. Next week is quieter but remains…
Read More »Market Update – November 25 – Record Daily Covid Cases in China Punctures Sentiment
The USD Index holds at 9-day lows above the key 105.50 at 105.67 today, following the FED mins on Wednesday. US 10yr Yields lower (-1.39% at 3.66%) Asian Stocks also…
Read More »Events to Look Out For Next Week
It’s a massive week ahead, with a heavy dose of global data releases including US and Canada jobs, Eurozone Inflation, OPEC Meeting, Chinese PMI, Canada GDP and central bankers’ speeches….
Read More »Market Update – November 24 – FOMC Mins. & Data conspire to sink USD
The USD Index has collapsed from over 107.80 on Monday to 105.50 today. FOMC Mins. – Confirmed that a “substantial majority” believed slowing in the pace of increases would likely…
Read More »Weekly Market Update: 21 November 2022
The Dollar Index starts the new week on the front foot amid renewed buying interest driven by increased risk aversion. Dollar The Dollar begins the new week rebounding from a…
Read More »Weekly Market Update: 07 November 2022
Dollar Index snaps lower on the back of speculation of smaller future rate hikes Dollar The Dollar begins the new week licking its wounds, on the back of Friday’s losses….
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