Gold Price Foreast: Looming Death Cross For Gold
Gold edging lower as firmer USD outweighs falling bond yields.
Euro Price Forecast: EUR/USD Below 1.05 After ECB’s Sintra Forum Spells Uncertainty
EUR/USD is testing two-week lows after a hawkish Fed and hesitant ECB yesterday. U.S. inflation will be back under the microscope today along with the ECB’s Lagarde.
Crude Oil Price Slips as ECB Forum Fallout Continues While China Data Beats Forecasts
Crude oil managed to hold ground today after sliding in the previous session as China PMI figures gave the market some good news. Will WTI resume trending up?
Gold Prices Unlikely to Find Support from US PCE Data
Gold prices are nearly unchanged after three days of losses as inflation bets fall. Tonight's PCE inflation data out of the US is unlikely to provide a boost as central…
AUD/USD Bumps Around on China PMI and Good Domestic Data. Where to for AUD/USD?
The Australian Dollar nudged higher on mediocre China PMI data and strong domestic private sector credit growth. Will AUD/USD remain under the pump?
Euro Outlook: EUR/USD, EUR/GBP Remain Vulnerable as Retail Traders Hold Long
The Euro remains at risk as retail traders continue to maintain a majority upside bias in the single currency. This may not bode well for EUR/USD and EUR/GBP.
Australian Dollar Faces China PMI Data as Iron Ore Prices Plummet
The Australian Dollar was weighed down by a stronger Dollar and falling iron ore prices. Today's PMI data out of China offers a chance for the Aussie Dollar to recover…
S&P 500 and Nasdaq 100 Subdued on Hawkish Fed, Recession Risks Torment Investors
U.S. stocks were subdued Wednesday as hawkish comments from the Fed chairman dampened risk appetite and increased fears that the economy is headed for a hard landing.
EUR/USD Tumbles Below 1.05 Following Key ECB Forum
Dollar strength saw EUR/USD tumble back below 1.05, with room to run below to support.
Quantitative Tightening: What is it and How Does it Work?
Quantitative tightening is a policy tool used by central banks to moderate an overheating economy. Find out how it is implemented and uncover its potential drawbacks