Blogs

<p>It was one of those rangebound types of weeks in the forex market as currencies chopped around due to a busy forex calendar. </p>

<p>Global markets had a topsy-turvy run this week, as sentiment kept flipflopping mainly on Chinese stimulus developments, earnings data, and major central bank decisions.</p>

Oil prices are paring back earlier gains after Oil prices surged near 6% since its opening price on Monday for this week. The upmove came after more and more shipping companies called for the longer haul around Africa instead of venturing the Suez

The US Dollar (USD) is paring back some gains that got collected in the aftermath of the US tripod print of US Gross Domestic Product – Durable Goods – Jobless Claims on Thursday. At that same time on Thursday the European Central Bank

Gold price (XAU/USD) is expected to come out of the woods as the US Core Personal Consumption Expenditure – Price Index (PCE) report for December shows a slower pace growth in price pressures than what anticipated by market participants.

The Pound Sterling (GBP) bounces back strongly as the US Core Personal Consumption Expenditure (PCE) Price Index data softened in December.

The Core Personal Consumption Expenditures (PCE) Price Index, the US Federal Reserve’s (Fed) preferred inflation measure, will be published on Friday by the US Bureau of Economic Analysis (BEA) at 13:30 GMT.

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<p>A former crypto lead at Cathie Wood&#8217;s ARK In</p> <p>The post <a href="https://forextv.com/bitcoin-news/crypto-vc-says-bitcoin-price-could-test-20000-before-bull-run/">Crypto VC says bitcoin price could test $20,000 before bull run</a> appeared first on <a href="https://forextv.com"&g