Gold Price Could Extend Gains To $1,900, Here’s Why
Key Highlights Gold price started a fresh increase above the $1,825 resistance. A connecting bullish […]
Good News from China Helps Lift AUD/USD
China is said to be considering a partial easing to the ban on imports of […]
FOMC Minutes: Inflation Still Main Risk
The Minutes from the December FOMC meeting showed that Fed members observed that a slowing […]
Fed Minutes Showed Continued Commitment to High Policy Rates Through 2023
The minutes from the December 13-14, 2022 Federal Open Market Committee (FOMC) meeting showed that […]
France 40 IG Client Sentiment: Our data shows traders are now at their least net-long France 40 since Jan 03 when France 40 traded near 7,235.20.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
EURUSD Breakout Falters as Market Doubts Fed Commitment
The minutes to the Fed’s December 13th-14th policy meeting and 50 basis point rate hike […]
As Australian Dollar Soars on Chinese Economic Bets, AUD/USD Struggles at Resistance
The Australian Dollar soared on Wednesday as traders boosted Chinese economic confidence. Still, AUD/USD was […]
Dollar Recovery Remains Unclear After FOMC Minutes Keeps Inflation in Focus
The Federal Reserve released the transcript of its controversial December rate decision. Despite a clear […]
Chinese Coal Rumors Boost AUD
The AUDUSD caught a bit of a bid yesterday on rumors that China might lift […]
Nonfarm Payrolls to Set the Tone for US Dollar in New Year
Trading in the new year will fire up with the latest US employment data on […]
US ISM manufacturing fell to 48.4, corresponds to -0.1% contraction in GDP
US ISM Manufacturing PMI dropped from 49.0 to 48.4 in December, below expectation of 48.6. […]