US Oil Consolidates Gains
WTI crude treads water as US crude inventories show a smaller buildup. The price action […]
EUR/AUD Sinks Further
The Australian dollar climbed after Q4 inflation came in hotter-than-expected. On the daily chart, the […]
USD/CAD Attempts to Rebound
The Canadian dollar slipped after the BoC signalled a pause in rate increases. On the […]
Can US Q4 GDP Break the Recession Narrative?
Amidst all the debate of whether the US is heading into a recession this year, […]
S&P 500 Rally Suggests Falling Recession Odds – Earnings Could Change that
The S&P 500 was flat yesterday, as investors tried to make sense of the deluge […]
Nikkei 225 Technical Outlook: An Extended Pause
The price pattern developed in the Japan Nikkei 225 index over the past two years […]
Gold and Silver Outlook: XAU/USD, XAG/USD May Rise as Retail Traders Sell
Gold and silver prices may rise given that retail traders have recently increased their net-short […]
BoJ Opinions: Necessary to take some time to examine effect of YCC change
In the Summary of Opinions at BoJ’s January 17-18 monetary policy meeting, it’s repeated noted […]
Crude Oil Price Remains Supported As US GDP Approaches
Key Highlights Crude oil price is facing resistance near the $82.40 zone. A key bullish […]
What Does It Mean for Fed If Core PCE Comes Out Weaker than Expected?
The United States Core Personal Consumption Expenditure Price Index (Core PCE) is said to be […]
Gold Steady as Yields and Dollar Remain Undermined
After silver’s big plunge on Monday, both precious metals have managed to steady the ship, […]
EUR/CAD resuming up trend, CAD softens after BoC
Canadian Dollar is trading as the worst performer for the week so far, after BoC […]