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Gold Price – XAU/USD Eyes Support as CPI Nears and US Bond Yields Rebound

Posted by By 14/03/2023Posted inForex
The latest US inflation release may not have the same market effect as in the past as the global interest rate backdrop has changed post-SVB failure.
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Euro Price Forecast: Wait & See for EUR/USD, US CPI

Posted by By 14/03/2023Posted inForex
EUR/USD is eyeing the all important US CPI release while trading at a key inflection point.
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Breaking News: UK Unemployment Rate Remains Steady at 3.7%, GBP/USD Edges Lower

Posted by By 14/03/2023Posted inForex
The UK unemployment rate held steady while wages adjusted for inflation recorded its largest drop since the February to April 2009 period.
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US Dollar Grips on as SVB Fallout Brings US CPI into View Ahead of the Fed

Posted by By 14/03/2023Posted inForex
The US Dollar steadied after a discombobulating first few sessions following a weekend of turmoil in US banking that may have implications for the Fed rates path ahead of US…
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Crude Oil Faces Perfect Storm if US Inflation Pours Gasoline on Uncertainty Flame

Posted by By 14/03/2023Posted inForex
Crude oil prices extended losses during Tuesday’s Asia-Pacific session. Market uncertainty may be pushed further if another sticky US inflation report reinvigorates Fed rate hike bets.
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Gold Price Surges as US Dollar is Eroded by SVB Collapse Ahead of US CPI

Posted by By 14/03/2023Posted inForex
The gold price has gained amidst the turmoil of the failure of SVB that saw Treasury yields sink, dragging down the US Dollar. If the carnage alters the Fed rate…
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Dow Jones, Nasdaq 100 Mixed Reaction to SVB Collapse Speaks to Strong Fed Pivot Bets

Posted by By 13/03/2023Posted inForex
The Dow Jones fell but the Nasdaq 100 rallied on Monday as markets strongly priced in a Fed pivot in the fallout of SVB’s collapse. For now, markets are prioritizing…
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US Dollar Sinks as Yields Collapse After SVB’s Failure, US Inflation Data Ahead

Posted by By 13/03/2023Posted inForex
The U.S. dollar slumps on Monday as Treasury yields extend their decline amid fears that the U.S. banking system turmoil could become systemic and trigger a financial crisis.
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Bitcoin Price Forecast: BTCUSD Rallies 18% as $25000 Psychological Level Comes into Focus

Posted by By 13/03/2023Posted inForex
Bitcoin and Crypto emerge as unlikely winners from SVB and Signature Bank collapse. Eureka moment for the Crypto industry?
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FTSE, DAX on the Decline as Banking Stocks Lead Declines

Posted by By 13/03/2023Posted inForex
The FTSE and the DAX benchmarks sold-off in the wake of worrying news of bank failures in the US, a phenomenon that has shaken the global banking industry
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