Who will be the First to Blink Between the Fed and ECB?Both central banks are nearing the end of the hiking cycle, responding meeting by meeting to incoming data. While
German CPI/HICP Beat EstimatesGerman inflation rises across all measures in the month of JuneECB likely to continue hawkish tone due to stubborn inflation. Euro to remain supportedSurprising US GDP data
Gold Recent Market DriversIn the second quarter, gold prices failed to maintain the upward momentum of the first three months of the year and were on track to fall by
8:55am Trade (1 HR) EURUSD:Buy 1.08662 tp 1.08741Sell 1.08569 tp 1.08494 GBPUSD:Buy 1.27167 tp 1.27256Sell 1.27078 tp 1.26987 USDJPY:Buy 143.972 tp 144.118Sell 143.807 tp 143.654 USDCAD:Buy 1.33072 tp 1.33215Sell 1.32933
For most of Q2 2023, Brent crude prices have fluctuated between $70/barrel and $80/barrel as volatility subsided. This range bound movement has built up breakout potential for the commodity going
GOLD PRICES OUTLOOKGold prices lacks directional conviction, swinging back and forth between gain and lossesDespite Wednesday’s price action, the precious metal could come under pressure following the recent jump in
The spectacular run in US equities looks set to spill over in the third quarter, thanks to improving overall sentiment after the raising of the US debt ceiling, reduced stress
JAPANESE YEN FORECAST:The Japanese yen has depreciated significantly against its top peers recently, weighed by BoJ’s dovish monetary policyUSD/JPY continues its advance towards the 145.00 handle, with rising U.S. yields
Good Morning Team , hope you all well and had a wonderful weekend, welcome back , As indicated last week i was expecting the market to lock $1924 but we
Overnight, market participants seem to take comfort from a series of stronger-than-expected economic data out of the US, with economic resilience being the takeaway and calmed some nerves for an