What Are FOMC Meetings And Why Are They So Important?
Have you ever wondered why stock traders on Wall Street always pay close attention to the U.S. Federal Reserve’s meetings and activities? Well, the Federal Reserve, commonly referred to…
Read More »What Are FOMC Meetings And Why Are They So Important?
Have you ever wondered why stock traders on Wall Street always pay close attention to the U.S. Federal Reserve’s meetings and activities? Well, the Federal Reserve, commonly referred to…
Read More »Midweek Market Podcast – December 15
It’s Central Bank week, topped by the FOMC later today and ably supported by the ECB, BOE, SNB and BOJ later in the week. The hot inflation data continues to…
Read More »Gold Price Forecast: XAU/USD consolidates weekly losses around $1,770 ahead of Fed
The price of gold, XAU/USD, is down some 0.90% on the day trading near $1,770 and falling from a high of $1,789.54 to a low of $1,766.58. The greenbac
Read More »Midweek Market Podcast – December 8
Markets continue to be roiled by the Omicron news flow, as a positive tilt lifted Equities, USD and Yields. Still to come before the week closes out are the BOC,…
Read More »Gold Price Forecast: XAU/USD climbs as the New York session winds down, steady at $1784
Gold (XAU/ÜSD) edges higher during the New York session, up 0.15%, trading at $1,770.35 at the time of writing. Market sentiment is downbeat due partl
Read More »Market Update – December 3 – Pre-Omicron peak NFP ?
In the foreign exchange market, the US Dollar Index remained range-bound, but was subsequently boosted by Yellen and Bostic’s speeches and closed at 95.97. In addition, the 10-year US Treasury…
Read More »Dollar moving on up ahead of NFP
Overnight Headlines *Senate approves spending bill averting government shutdown *Oil stabilises following the OPEC+ surprise decision to continue their 400k output increase *Dollar edges higher before US jobs data as…
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