Gold and Silver Back Away from Key Resistance as Bullish Momentum Eases
Gold and silver begin the week on the back foot but CPI may provide the catalyst this week after prior prints remained stubbornly high. Silver respects resistance zone
Gold and silver begin the week on the back foot but CPI may provide the catalyst this week after prior prints remained stubbornly high. Silver respects resistance zone
GBP/USD remains in the green at the start of a week which offers plenty of likely trading interest, mostly from the US side
GBP/USD remains in the green at the start of a week which offers plenty of likely trading interest, mostly from the US side
Fed Chair Jerome Powell gave financial markets a slight dovish nudge last night, seemingly ruling out any US interest rate hikes. Yesterday’s weak JOLTs data put the spotlight on Friday’s NFP report.
Fed Chair Jerome Powell gave financial markets a slight dovish nudge last night, seemingly ruling out any US interest rate hikes. Yesterday’s weak JOLTs data put the spotlight on Friday’s NFP report.
Outlook on FTSE 100, DAX and S&P 500 ahead of US CPI, PPI, retail sales and labour data.
AUD/USD appears to be mending its positive correlation with the S&P 500 as the risky-aligned currency braces for US inflation data on Wednesday