Gold prices have come off this morning as US and EU equities halt declines in emphatic fashion. However, risks to the upside remain should conflict continue
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bullish contrarian trading bias.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/JPY-bearish contrarian trading bias.
All eyes are on tomorrows ECB interest rate decision as EUR/USD attempts to stage a comeback however, further downside is favored as Russian tensions plague the Euro.
Gold prices extended higher during Wednesday’s mid-day trading. Heightened geopolitical tensions may keep the precious metal afloat alongside rising inflation expectations. Gold ETFs saw large net ...
The Euro is trading slightly higher against the US Dollar but an extended rally looks unlikely as EUR/USD faces a growing divergence in policy between the ECB and Federal Reserve…
The British Pound remains vulnerable as retail traders build up Sterling long bets. This may spell trouble for GBP/USD and GBP/JPY. What are key levels to watch?
Wall Street stocks had another volatile session as huge price swings in nickel contained risk appetite. Crude oil prices gained as the US and UK planned to ban Russian oil…