Precious-gold off one-year highs as investors weigh rate hike prospects

Gold prices biased for a grind higher – analysts * Markets pricing in Fed 25-bps rate hike in May * U...

April 17, 2023, 6:29 am

Eur/gbp price analysis: buyers moved in and lifted the exchange rate above 0.8900, eyeing 0.9000

EUR/GBP climbed above 0.8900 and a one-month-old downslope trendline. EUR/GBP Price Analysis: Upward biased...

March 7, 2023, 10:59 pm

Oil price fundamental daily forecast – china demand recovery supportive, but dollar needs to weaken

Crude oil's short-term trend is likely to be biased to the upside as long as China's demand continues t...

March 3, 2023, 1:30 am

Eur/usd trims wednesday’s gains, down below 1.0600

EUR/USD tumbles below 1.0600 as US T-bond yields stay above 4%. US employment data reiterated the tightness of the labor market, warranting further Fe...

March 2, 2023, 7:44 pm

Gbp/usd stumbles below 1.2000, on us jobs data, high ust bond yields

GBP/USD falls courtesy of US Dollar strength, as UST bond yields pushed above 4%. US Initial Jobless Claims continued to trend lower, below expectatio...

March 2, 2023, 5:29 pm

Usd/jpy price analysis: rejected at 133.00 but remains firm at around 132.40s

USD/JPY advanced sharply toward 132.40 on Monday, spurred by a risk-on impulse. The daily chart suggests the pair as neutral-upwards ...

February 13, 2023, 7:59 pm

Us cpi report due tuesday, 14 february 2023 - preview

A very brief snippet from BMO's preview of Tuesday's US CPI (due at 0830 US ET) report:

• (the) strong jobs backdrop will put CPI into con...

  February 13, 2023, 2:48 am

Usd/chf price analysis: reclaims the 20-dma, as bull’s eye the 50-dma around 0.9300

Near-term, the USD/CHF is upward biased and might test the 0.9300 figure. The USD/CHF forged a base and...

February 10, 2023, 8:29 pm

Usd/jpy price analysis: bears gather momentum on boj’s news, threatening to crack the 20-dma

The USD/JPY 1-hour chart falling wedge was invalidated by a price violation on BoJ’s Ueda news. USD/JPY Price Analysis: Long-term is still downward ...

February 10, 2023, 3:44 pm

Gold price forecast: xau/usd firms at around $1870 as the usd turns almost flat

Gold remained steadily firm, around $1870 ahead of Powell’s speech. US Federal Reserve officials expect rates to peak above 5%, with some estimating...

February 7, 2023, 6:29 pm

Aud/usd climbs sharply above 0.6900 ahead of fed’s powell appearance

AUD/USD resumes its uptrend after touching five-week lows around 0.6850. The RBA raised rates by 25 bps and projects additional increases to the cash ...

February 7, 2023, 4:44 pm

Usd/jpy price analysis: bulls move in and target 133.00 ahead of the 200-dma

USD/JPY gapped up since the Asian session by about 30 pips, reaching a daily high of 132.90. USD/JPY Price Analysis: Neutral ...

February 6, 2023, 6:29 pm

Usd/cad price analysis: buyers stepped at around the 200-dma, lifting the pair back above 1.3300

USD/CAD tumbled to fresh YTD lows at around 1.3262 but recovered and reclaimed 1.3300. USD/CAD Price Analysis: Upward ...

February 3, 2023, 12:14 am

The @newsquawk fomc preview

The guys over at Newsquawk have given me permission to share their FOMC preview which is usually for their paying subscribers.Easily one of the bes...

February 1, 2023, 7:17 am

Eur/usd holds at around 1.0860s as traders brace for the fed and ecb’s decisions

Consumer Sentiment improved, while inflation expectations ticked lower. EUR/USD Price Analysis: Upward biased<...

January 27, 2023, 10:29 pm

Usd/jpy price analysis: the yen strengthens, as bears stepped in around 128.60s

The USD/JPY daily chart is bearish biased, though it remains unable to extend its losses beneath 128.00...

January 19, 2023, 4:59 pm

Storage wars: may the force be with you

I've always liked the self-storage business due to its low capex requirement and the somewhat sticky customer mindset. Perhaps I'm ...

January 19, 2023, 7:00 am

Octafx collects the ‘best online broker global 2022’ accolade

The international broker OctaFX received yet another 2022 distinction. The esteemed global media publication World Business Outlo...

January 18, 2023, 1:21 pm

Usd/jpy rises back above 128.50 on broad us dollar strength, ahead of the boj’s meeting

The USD/JPY traded below 128.00 for the first time since June 2022. USD/JPY traders are bracing for the Bank of Japan’s monetary policy meeting on W...

January 16, 2023, 5:14 pm

Usd/chf price analysis: drops below 0.9300, extends its losses beneath the 20-dma

The USD/CHF remains downward biased, but it needs to drop below 0.9200 to challenge the 0.9167 YTD low....

January 12, 2023, 11:29 pm