Forex

Gold skyrockets above $2,400 after softer US CPI sparks hopes for Fed rate cuts in 2024. US 10-year Treasury yield drops 10 basis points to 4.187%, boosting…

AUD continued its upswing on Thursday against USD. Markets adjust their stance on the Federal Reserve following US inflation figures. RBA's reluctance to…

AUD/JPY sharply declined by more than 1.50%. The RSI fell non-stop from the deep overbought region near its middle point. During Thursday's trading…

US Dollar loses momentum on decelerating CPI figures. Market now more certain of September cut. US Treasury yields fall, making traders lose interest in…

In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of S&P 500 E Mini ES_F. We presented to members at the …

The Canadian Dollar eased lower across the board on Thursday. Canada remains absent from the economic calendar this week. US CPI inflation contracted in…

NZD/USD declined 0.6% after the RBNZ stating that it expects inflation to return to the 1-3% target range in 2H. The RBNZ is also diverging from the RBA, where…

The GBP/USD climbs sharply as US inflation disappoints; UK economy exceeds expectations. Technical outlook remains bullish with RSI near overbought,…

EUR/GBP is falling to its next downside target at the June 14 low. It is in a short and medium term downtrend with odds favoring a continuation lower. …

Initial Jobless Claims rose by 222K vs. the previous week. Continuing Jobless Claims increased by around 1.850M. US citizens that applied for unemployment…