Gold Falls on MondayGold prices are seeing decent selling interest across early European trading on Monday. The move comes amidst an uptick in USD on the back of a bumper set of US jobs figures last week and hawkish commentary from Fed’s Powell over the weekend. US Jobs Soar AgainOn Friday, the NFP for January was […]
Blogs
A Week in the Market: USD Performance and Outlook for Other Currencies (5-9 February)
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Technical Analysis & Forecast February 05, 2024
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USD Rally Takes Market by Surprise: Overview for February 05, 2024
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JPY Experiences Sharp Decline: Overview for February 05, 2024
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How Can You Recover From Revenge Trading?
<p>Some traders take losses personally and end up reacting adversely by taking revenge trades. Here are some tips to recover if you fall in this rut.</p>
Chart Art: Is Cable (GBP/USD) Ready for a Breakout?
<p>GBP/USD is retesting a range support that’s been around for weeks. Is the pair ready for a breakout? Or will it stay within its range for a bit longer?</p>
Week Ahead in FX (Feb. 5 – 9): RBA Decision & More Jobs Reports!
<p>Who’s in for another central bank statement, plus a couple more jobs reports? Brace yourselves for yet another potentially volatile week, fellas!</p>
The USD is the strongest and the GBP is the weakest as the North American session begins.
<p>The USD is the strongest and the GBP is the weakest as the North American session begins. US yields are higher. Stocks are little changed after the strong US jobs report on Friday. The US launched a number of attacks over the weekend against Houthi rebels in Yemen but the markets are taking it in […]
Fed's Kashkari: Higher neutral rate means monetary policy may not be as tight as thought
<ul><li>Possibly higher neutral rate means Fed can take more time to assess upcoming data before starting rate cuts</li><li>That will entail "less risk" to the economic recovery</li><li>Core inflation making "rapid progress" towards Fed's target</li><li>But economic data not &