Gold Price Analysis: XAU/USD to face stiff resistance at $1736 after double-bottom reversal
Gold (XAU/USD) is struggling to extend its last week’s recovery on Easter Monday, as outstanding US NFP data-induced risk-on market mood underpins the
Read More »NFP Preview! Up, Up, Up? WHY?
The Nonfarm Payrolls number is expected to reflect the growth of the US economy in every aspect affected by the pandemic since last year. Since last summer, the US labor market appeared to spark…
Read More »Midweek Market Podcast – March 31
The Market Week – Quarter End and beyond HotForex · Midweek Market Podcast – March 31 The Market Week – Quarter End and beyond The focus of attention…
Read More »Reminder! EURO Alert
Rising inflation remains an important determinant of market reaction this year, as rising yields continue to challenge lofty equity market valuations, especially in the technology sector, a topic which we…
Read More »USD/JPY steady in the Tokyo open as USD bulls take a breather
At the time of writing, USD/JPY is trading at 109.80 ad flat on the day so far. The pair has stuck to a tight range between 109.72 and 109.88 as…
Read More »Events to Look Out for Next Week
Moving into the new week, trading has been choppy as a confluence of factors impact. Positioning and month-/quarter-end portfolio rebalancing may be the biggest influencers so far, while vaccine rollouts,…
Read More »Risk aversion boosts Treasuries
US Q4 GDP growth was revised up to a 4.3% rate in the third look at the data, up from 4.1% in the prior report and 4.0% in the Advance release….
Read More »End of week Briefing – Live Analysis
US equity futures are modestly firmer, as the market rebounds somewhat following the hefty losses seen Thursday. Mild declines in Treasury yields are supporting equities, while bargain hunting is likely…
Read More »New Zealand Dollar Outlook: NZD/USD Looks Past GDP Miss as FOMC Induces Greenback Weakness
The New Zealand Dollar is gaining against the Greenback after a dovish Federal Reserve sank the US Dollar, allowing NZD/USD to largely ignore New Zealand's Q4 GDP miss.
Read More »Market Update – March 12 – USD Rallies, JPY Pressured
Market News Today – The USD dips and then finds a bid. Stimulus Bill signed by Biden – targets July 4 as “normalcy”. Stocks closed higher (Nasdaq +2.5%), Weekly…
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