Gold prices roared higher before the weekend, gaining the most since early March as the US Dollar and Treasury yields fell. Still, the road to the upside remains tough for…
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CHF-bearish contrarian trading bias.
The US Dollar weakened as rising fears of a recession have seen the markets pull back 2023 Federal Reserve rate hike expectations. Ahead, AUD/USD eyes Chinese loan prime rate data.
U.S. stocks extend losses after Wednesday's monster sell-off amid negative sentiment and fears that the U.S. economy is headed for trouble due to red-hot inflation and rising rates.
S&P 500 marked an outside-day reversal yesterday with the index plunging back into the yearly lows- levels to know. The technicals that matter on the SPX500 charts.
Euro rises on Thursday, supported by a broad-based retreat in the dollar amid falling U.S. government yields. Hawkish comments from an ECB official also bolster the common currency.
The South African Reserve Bank hiked rates by 50 basis points in an attempt to calm inflation and defend the value of the ZAR. Growth revised lower, to 1.7% for…