GBP/USD Outlook: Bears Pressure 1.20 Support Ahead of US CPI Data
Cable dips further in early Monday’s trading, remaining at the back foot, following Friday’s 0.56% […]
Bank of England Would Love Some Positive News From Inflation Front This Week
With the preliminary fourth-quarter GDP print on Friday saving the UK from declaring two consecutive […]
Yen Slides as Ueda Set to Lead BoJ
The Japanese yen has started the week with sharp losses. In the European session, USD/JPY […]
ECB Centeno: For sure, we’re much closer to that terminal rate than before
ECB Governing Council member Mario Centeno told BloombergTV, “for sure, we’re much closer to that […]
EUR/USD: Bears Hold Grip But Likely to Stay on Hold, Awaiting US Inflation Data
The Euro keeps negative tone at the start of the week following 0.55% drop on […]
Gold’s Bullish Channel at Risk; Support at 50-SMA
Gold was experiencing a flat trading session around the 1,860 level during Monday’s early European […]
GBP/USD: Is Pound Ready for a Bearish Trend?
In the long run, GBPUSD seems to be forming a global triple zigzag w-x-y-x-z, in […]
Dax 40 Breaks Lower
Equities trade on a cautious note amid rising US Treasury yields. The Dax 40 has […]
Main Focus for Markets Remains on Tomorrow’s US CPI Release
Markets On Friday, markets gradually moved further in the direction of central bankers holding rates […]
Swiss CPI bounce back to 3.3% yoy in Jan
Swiss CPI rose 0.6% mom in January, above expectation of 0.5% mom. Core CPI (excluding […]
Gold Price Started a Fresh Decline from $1,890
Gold price started a fresh decline from the $1,890 zone against the US Dollar. The […]
European commission upgrades 2023 growth forecasts, lowers inflation slightly
In the Winter interim Forecast, European commission upgraded growth projections for Eurozone in 2023 and […]