Gold is showing signs of weakness as traders grow nervous about the size of the Fed’s first post-pandemic rate cut and the tone of Powell statement. Are they right to worry? Read in our latest …
The price of crude oil is up this week as traders hope that the Fed easing campaign starting today would reinvigorate the economy. Could their hopes be misplaced, though? Read in our latest Elliott Wave …
EURUSD continues to recover as the only question about today’s rate cut by the Fed seems to be its size. How much further can the pair rise before the bears show up again? Read in …
El pasado 16 de septiembre, el INEI dio a conocer la tasa de desempleo en Perú, correspondiente al trimestre móvil de junio a agosto de 2024. Los datos fueron los siguientes: ¿Cuál es la tasa de desempleo en …
Will the Fed cut interest rates by 25bps or 50bps? A 25bps reduction could be the wiser choice But there are upside risks even in the case of a 50bps cut The much-awaited FOMC decision …
NZDUSD bulls retake control; fight for a close above 20-SMA Short-term bias is positive, but there are more obstacles on the upside NZDUSD is a top performer today as investors are actively waiting for …
USDJPY bounces off 14-month low Remains well above uptrend line MACD and RSI still beneath their mid-points USDJPY rebounded off the 14-month low of 139.56 but is still heading down a few hours before the …
GBPCAD trades higher after strong UK CPI report Canadian CPI later today could reverse the recent trend Momentum indicators are mostly bullish GBPCAD is trading higher today, benefiting from a strong UK CPI inflation report …
Dollar trades indecisively ahead of important Fed decision Investors assign a strong 60% chance for a 50bps cut Wall Street and gold traders also on the edge of their seats Pound rebounds on sticky UK …
The GBP rises as the CAD, EUR, and USD weakens after interest rates drop in the US – Currency Strength and Weakness for Thursday 19th September 2024 Hi Forex Trader, I make my Currency Strength …
Gold tested the support of 2563-65 yesterday before hitting a rebound. As we see over the Intraday chart, market is facing resistance around 2582-84 and if prices remain below it, another drop toward the 2550 …
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