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Fed's powell: process of getting to 2% inflation target has a long way to go

A strong majority of the FOMC expects it to be appropriate to hike rates two or more times by the end of the yearLabour market is very tightInflation ...

June 29, 2023, 6:31 am

Gbp/usd faces extra consolidation in the near term – uob

GBP/USD remains under some selling pressure for the second successive day on Thursday. The Fed’s hawk...

June 29, 2023, 6:14 am

Pound sterling price news and forecast: gbp/usd remains under some selling pressure

The GBP/USD pair attracts fresh sellers near the 1.2645 region during the Asian session and turns lower for the second straight day on Thursday. The p...

June 29, 2023, 5:14 am

Gold price forecast: $1,885 remains in sight for xau/usd sellers amid a bear cross

Gold price renews three-month lows, 1,900 appears at risk on Thursday. US Dollar extends rebound amid a cautious market mood, US Treasury bond yields ...

June 29, 2023, 4:14 am

Usdjpy daily analysis – june 29, 2023

The USDJPY pair has been on an impressive upward trajectory, extending its move from the low of 138.42 to reach as high as 144.61. This significant ri...

June 29, 2023, 2:13 am

Tjx companies: favorable environment remains

TJX, an off-price retailer, has seen strong performance in its Marmaxx segment (T.J. Maxx and Marshalls brands). The company has benefited from lower ...

June 29, 2023, 2:11 am

Gbpusd daily analysis – june 29, 2023

The GBPUSD pair has experienced continued downward movement, extending its decline from the recent high of 1.2847 to as low as 1.2605. This suggests t...

June 29, 2023, 1:54 am

Volkswagen: our thoughts post capital market day, buy confirmed

Volkswagen highlights ten key takeaways on how the company will close the profitability gap versus its peers. CAPEX on sales will decelerate from the ...

June 29, 2023, 12:03 am

Yellen says re china, us will protect its national security, even if it comes with costs

US Treasury Secretary Yellen US will continue to take actions to protect national security interests with regards to China even if that imposes some e...

June 28, 2023, 10:34 pm

Eur/usd forecast: no clear direction despite retreat

The EUR/USD retreated but remains within its recent range. The US Dollar benefits from Fed rate hike ex...

June 28, 2023, 8:44 pm

Aud/usd forecast: downtrend persists, focus on 0.6600 support

After two days of consolidation, the AUD/USD resumed the downside after Australian inflation data and also on the back of a stronger US Dollar. The pa...

June 28, 2023, 6:44 pm

Gbp to usd holds steady within range against dollar

GBP to USD Holds Steady Within Range Against Dollar The GBP/USD currency pair remains within a range-bo...

June 28, 2023, 4:28 pm

Bitcoin correlation with gold drops, highlighting risk-on nature remains

Bitcoin wants to be digital gold. That may happen one day, but for now it trades like an extreme risk-on asset Read Full Story The post Bitcoin correl...

June 28, 2023, 2:44 pm

As the central bankers spar, the nasdaq turns into positive territory

As the central bank spar amongst each other and the moderator who is trying to find a new headline), the US stocks have come off low levels. The NASDA...

June 28, 2023, 2:25 pm

Eur/usd: a move through 1.1010 should add to near-term momentum to retest 1.1090/00 – scotiabank

The EUR remains well-supported on dips (minor support at 1.0940 intraday) and I remain constructive on ...

June 28, 2023, 12:14 pm

Oil remains range-bound, gold under pressure

Oil prices hold in recent range Oil prices are edging higher again today after once again sliding back toward the range lows of the last few months. W...

June 28, 2023, 11:56 am

Aud/jpy technical: minor downtrend remains intact

Recent two weeks of price actions in AUD/JPY have evolved into a minor downtrend. Key resistance on the minor downtrend stands at 96.00. Near-term sup...

June 28, 2023, 10:08 am

Ethereum’s downward bias

Market picture Cryptocurrency market capitalisation fell 0.2% over the past 24 hours, losing ground since the start of the day on Wednesday but remain...

June 28, 2023, 10:03 am

Copper technical analysis

Copper has been declining ever since the "China reopening" trade failed. Disappointing economic data from China, coupled with the lack of action from ...

June 28, 2023, 10:02 am

What to know about the partnership between snowflake, nvidia and microsoft

Snowflake Inc. stock's lofty valuation premium remains resilient, defying concerns over its recession-p...

June 28, 2023, 9:24 am


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