Gold Price at Make-or-Break Point with Trendline Resistance Up Ahead, XAU/USD Levels
Gold Price at Make-or-Break Point with Trendline Resistance Up Ahead, XAU/USD Levels
Gold Price at Make-or-Break Point with Trendline Resistance Up Ahead, XAU/USD Levels
AUD/USD and NZD/USD rally on broad-based U.S. dollar weakness, ahead of a key U.S. inflation report that could spark volatility and set the tone for financial markets in the near term.
EUR/USD has begun the week on the front foot ahead the ECB meeting on Thursday while EUR/GBP drifts slightly lower, consolidating within the broader range
The Japanese Yen picked up a small bid after a weekend article suggested that the Bank of Japan (BoJ) may soon review its ultra-loose monetary policy.
GBP prices are attempting a comeback ahead of key economic data later this week.
Outlook on FTSE 100, DAX 40 and Nikkei amid improving sentiment on hopes of soft US landing.
Gold starts the week on the front foot as the Dollar Index takes a breath. Will the idea of a ‘soft landing’ and a drop in US inflation help Gold bulls facilitate a renewed push toward the psychological $2000/oz mark?
The crude oil price has been steady today after surging last week on supply woes. With the US on holiday today, conditions in some markets might see less liquidity. Where to for WTI?
Major US indices attempted to stabilise towards the end of last week, but gains remained feeble with de-risking in tech and concerns of a resurgence in inflationary pressures.
The Japanese Yen found firmer footing today with BOJ Governor Ueda opening the prospect of further adjustments to the bank’s monetary policy. Have we seen the peak in USD/JPY?