MARKET NEWS
Jun 03, 2024
US Dollar Index Slips As US Manufacturing Contracts Again, Gold Nudges Higher
The latest ISM Report missed forecasts, and last month’s reading, as manufacturing activity in the US contracted for the 18th time in the last 19 months.
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Jun 03, 2024
GBP/USD Testing 1.2700 as USD Picks Up a Bid, UK Manufacturing Expands in May
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Jun 03, 2024
OPEC+ Fights Declining Oil Prices with Extended Production Cuts, Phased Tapering
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Jun 02, 2024
Markets Week Ahead: ECB Rate Decision, US NFPs – USD, Gold, Euro, Nasdaq
The ECB is fully expected to start cutting interest rates on Thursday while the monthly US NFPs follow the next day.
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Jun 01, 2024
Gold Price Forecast: Bears Take Out Key Support, Next Leg Lower May Be Underway
This article solely discusses gold’s near-term technical outlook, analyzing market sentiment and price action dynamics. Potential scenarios that could play out over the coming days are also scrutinized.
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May 31, 2024
US Dollar Weakens After Monthly Inflation Cools, Gold Gains Momentum
US dollar eases, and gold attracts a bid as monthly Core PCE Inflation misses expectations.
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May 31, 2024
USD/JPY Stuck Around 157.00 Ahead of US Inflation Data
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May 30, 2024
Gold Price Forecast: Bearish Continuation in Play with Key Support Under Threat
This article investigates a bearish trade idea for gold, identifying an important technical support zone that, if broken, could herald a more substantial downward correction.
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May 30, 2024
US Crude Oil Prices Return More Gains As Market Looks To Inventories, OPEC
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May 30, 2024
US Dollar Index Edges Lower, US Q1 GDP Second Estimates Prints at 1.3%
The second look at US Q1 GDP showed the US economy expanding by 1.3%, inline with market expectations.
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