Markets await a fundamental catalyst to push spot gold out of its range bound cycle, while Fed Chair Powell’s speech later today should initiate XAU/USD volatility.
Crude oil prices are at risk of deeper losses. Fed Chair Powell may strike a hawkish tone at a Senate confirmation hearing while data warns of ebbing demand.
In 2021, I became sloppier with sticking to my established baseline trading targets. These are derived from your risk-reward ratios and include the maximum you are willing to take a…
The US Dollar holds the high ground ahead of CPI and Fed Chair Powell's confirmation hearing as the market ups the ante on rate hikes. Where to for the USD?
The Euro has been trying to fight back following persistent losses since late 2020. Still, EUR/USD remains tilted lower. With most traders net-long the pair, is this a bearish sign?
Gold prices are rising this week despite an aggressive shift in hawkish Fed rate hike bets. Bullion traders have a close eye on Fed Chair Powell's confirmation hearing and incoming…