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<p>Gold has reached its all-time high, surpassing $2,100 per ounce for the first time in history, a milestone achieved this Monday morning. While there was a slight adjustment afterward, the occurrence is surely historic. Many experts are optimistic about gold's future growth, and here's why.</p><p>To grasp the significa

<p>Consumer credit for October 2023 shows:</p><ul><li>Consumer credit up $5.13 billion versus $9.0 billion estimate</li><li>Previously was revised higher to $12.22 billion from $9.06 billion previously reported</li></ul> This article was written by Greg Michalowski at www.forexlive.com.

<p>It's gone suddenly quiet in yen trading.</p><p>We're in something of the eye of the storm right now between European and Asian trading. The market will want to get a sense of how Tokyo will deal with the sudden drop in the middle of the night.</p><p>The range in the past two hours has narrowed to 30 [&hell

<ul><li>Prior was +9.06B</li></ul> This article was written by Adam Button at www.forexlive.com.

<p>Crude oil is settling at $69.34. It is down four cents or -0.06% on the day. The high price reached $70.48 the low price was down at $68.80. The low price reached the lowest level going back to June 28. For the year, the price is now down -13.47%. That's the largest year-on-year decline since […]

<p>The EURUSD opened the North American session near its 100-day moving average and moved higher. The initial run to the upside stalled just ahead of the 1.0800 level which led to a rotation back down to retest its key 100-day moving average AND 50% retracement near 1.0766. Support buyers came in against that level and […]

<ul><li>The market has been relatively right on our previous two or three decisions, so it seems like they're taking in the data in the same way we are</li></ul><p>USD/CAD is down 9 pips to 1.3584.</p><p>The market is placing a 50% chance of a March 6 rate cut and a cut is fully priced in for the [&hel

<p>What's expected:</p><ul><li>Consensus estimate +180K (range +100 to +275K)</li><li>Private +158K</li><li>October +150K</li><li>Unemployment rate consensus estimate: 3.9% vs 3.9% prior</li><li>Participation rate consensus 62.7% prior</li><li>Prior underemploy

<p>Monetary policy divergences make the best trades and the market is sniffing one out in USD/JPY.</p><p>The Fed appears to be on its way towards cutting rates just as the Bank of Japan raises them. The market is pricing in a 70% chance of a Fed cut in March or earlier while the market sees a […]

<p>The USDJPY took another plunge to the downside. This one took the price from 144.3092 a low of 141.622 (see price action on the five-minute chart below). That move took the price below its 200-day moving average 142.282. However, the price has quickly snapped back higher.</p><p>Looking at the 5-minute chart below, the rotation