Looming developments in the Relative Strength Index (RSI) may point to a larger rebound in the price of gold as the oscillator is on the cusp of pushing above 30.
The Singapore Dollar strengthened after the MAS surprised markets with policy tightening amid inflationary pressures. Will this be enough to send USD/SGD meaningfully lower?
Bitcoin prices may retake the 20,000 level in APAC trading after withstanding a breakdown in sentiment overnight after the US CPI report sent stocks lower. Australian jobs data is in…
U.S. stocks fall Wednesday as worse-than-expected inflation data raises the likelihood of more aggressive monetary policy tightening by the Federal Reserve in the coming months.
Gold prices are attempting to mark an outside-day reversal off downtrend support on the heels of record US inflation. Levels that matter on the XAU/USD technical charts.
A strong USD has been driving Emerging Market currencies lower as investors anticipate another aggressive rate hike in July. USD/ZAR, USD/TRY test critical resistance.
The US Dollar set a fresh 19-year-high after another fresh 40-year-high printed with CPI. There's now building expectation for a 100 bp hike from the Fed later this month.