Current market conditions may keep the price of gold afloat as Fed Chairman Jerome Powell pledges to increase the central bank balance sheet over the coming months.
Blogs
Indian Rupee Eyes China-India Border Dispute, Nifty 50 at Risk
The Indian Rupee eyes escalating China-India tensions along a disputed border. USD/INRcleared key resistance, opening the door to further gains. Will the Nifty 50 fall?
Crude Oil Price Rise Capped By Fed's Powell, Chart Warns of Topping
Crude oil prices backtracked as Fed Chair Jerome Powell cooled hopes for a near-term expansion of the US central bank’s stimulus menu. More of the same may be ahead.
AUD/USD Rate to Face Another Sharp Decline in Australia Employment
The update to Australia’s Employment report may influence AUD/USD as the economy is expected to shed 125K job in May.
USD Rose on Powell Speech & May Extend Gains on Asian Political Risks
The US Dollar may extend its gains into APAC trade after being catapulted by Powell’s testimony. Regional geopolitical tensions could accelerate AUD/USD’s selloff.
Euro Stoxx 50 Forecast: Bulls Aim Higher on Improving Global Risk Appetite
The Euro Stoxx 50 index aims to take out a recent multi-month high as bulls look to take advantage of recent momentum afforded by a resurgence in global risk appetite
Nasdaq 100 Forecast for the Week: Technical Patterns Weakened
A surge in volatility has worked to erode a crucial technical pattern after price broke above and below the confines of an ascending channel. Is the damage a sign of rising instability?
Canadian Dollar Price Outlook: USD/CAD Bucks Trend, Can Bulls Drive?
USD/CAD has mirrored USD-themes well over the past couple of months and a recent breakdown in the pair remains in full view with possibly more to go.
Dow Jones Index Trims Gains as Fed Chair Powell Briefs Congress
Dow Jones index strength stepped back as Fed Chair Powell delivered his semi-annual address to congress Tuesday morning
CPI Data Sends Pound Lower – 17 June 2020
The Pound Sterling edged lower against its main rivals after the release of inflation data for May which showed personal inflation falling to a level not seen since June 2016.