Pound Sterling (GBP) Forecast: Reflecting on Volatile End to the Week
The Pound, like other risk-related assets, experienced an almost immediate bounce back after a heavy sell-off on Thursday and the prospect of talks could buoy GBP further
The Pound, like other risk-related assets, experienced an almost immediate bounce back after a heavy sell-off on Thursday and the prospect of talks could buoy GBP further
The safe-haven Dollar has recently benefited from the escalation in the Russia-Ukraine conflict but commodity rich South Africa supports the ZAR
We summarize everything you need to know ahead of the US market open as Russian troops advance on Kiev
The Nasdaq 100 broke below a bear pennant and the Dow Jones breached the support side of a symmetrical triangle: It’s going to be a busy week for equity markets.
Financial Market Reversal Takes Shape as Gold & Oil Pullback, While Equities Recover
After a tumultuous day of crude oil price action yesterday, markets have pulled back after Russian oil (Urals) continues to flow into Europe.
Economic sentiment came in better than expected while consumers grapple with inflation and show a reluctance towards major purchases in the future
Gold traded in a $100/oz. range Thursday as risk markets swung violently, driven by Russia’s invasion of Ukraine.
The admonition that traders ought to let profitable bets run while cutting losing one’s quickly has long since entered the realm of the cliché.
Gold prices were denied the highest close since August 2020 after markets interpreted the Western response to Russia’s attack on Ukraine as less severe than expected. Where to ahead?