GOLD PRICE, CHARTS AND ANALYSIS: Recommended by Zain Vawda Get Your Free Gold Forecast READ MORE: Gold and Silver Price Outlook: Retail Traders Increase Bearish Bets, a Bullish Sign? Gold (XAU/USD) AND DOLLAR INDEX FUNDAMENTAL BACKDROP The Gold price rallied higher in Asian trade with a retest of the $2000 which remains a magnet for …
Another Rejection of the $2000 Level, A Sign of Exhaustion? Read More »
GBP/USD Price, Analysis, and Charts The Pound gained on the Dollar as did many other currencies Friday Relaxing US inflation has buoyed hopes that rate hikes could end soon UK Growth beat expectations, but expectations were pretty low Recommended by David Cottle How to Trade GBP/USD The British Pound rose against the US Dollar on …
GBP/USD Gains On US Inflation, Surprise Sign of UK Growth Read More »
US RETAIL SALES KEY POINTS: October U.S. retail sales grow by 1.3%, three tenths of a percent above expectations Strong data suggests that the U.S. consumer remains resilient despite falling real incomes and that the Fed has more work to do to slow demand The U.S. dollar remains in negative territory after the retail sales …
US Retail Sales Jump in Sign of Consumer Resilience, but Fail to Boost the Dollar Read More »
British Pound Latest: GBP/USD Rebound is Not a Sign of Sterling Strength The pull-back in GBP/USD from its multi-decade low looks weak and further selling pressure is likely as the BoE sidesteps an inter-meeting rate hike. GBP/USD – Prices, Charts, and Analysis UK fiscal policy weighs on the British Pound. BoE inaction may see Sterling …
GBP/USD Rebound is Not a Sign of Sterling Strength Read More »
ISM SERVICES KEY POINTS: August ISM services inches up to 56.9 from 56.7 in July, beating expectations calling for a decline to 55.1 Better-than-forecast data suggests the economy remains resilient The recovery in the services sector is bolstered by a rebound in production, new orders and the employment component of the survey Most Read: S&P …
August ISM Services Activity Data Beats Forecasts in Sign of Economic Resilience Read More »
Crude Oil, WTI, Evening Star, Trendline, Technical Briefing – Talking Points: WTI crude oil prices fell overnight, reinforcing key resistance A Bearish Evening Star could hint at near-term pain ahead Further loses places focus on key trendline and support zone WTI Daily Chart WTI crude oil prices aimed lower over the past 24 hours, dropping …
WTI Leaves Behind Bearish Warning Sign, More Pain Next? Read More »
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