Gold extends record run as rate cut bets gain ground
This article discusses the upcoming ECB decision and its potential ramifications for the euro's outlook. In the piece, we also explore the technical profile for EUR/USD, EUR/GBP, and EUR/JPY, assessing
Oil prices up 1% on small build in US crude stocks, Fed rate cut remarks
Federal Reserve Chair Jerome Powell gave little away yesterday at his semi-annual testimony to the House yesterday, leaving the US dollar in limbo ahead of Friday’s US Jobs Report.
Weekly jobless claims unchanged; trade deficit widens in January
Could March be the month when the Bank of Japan finally tightens policy, or at least looks serious about doing so? Bets are increasing.
Japan household spending logs biggest drop in 35 months in January
EUR/USD, H4 7 March 2024 The Euro has strengthened against the dollar, reaching its highest level in over a month, propelled by a weakening dollar. Anticipation surrounds the upcoming ECB
Oil prices settle higher on US rate cut hopes, smaller US crude supply increase
Looking on the 4hr timeframe, we can see the pair trading around a major resistance level. This is the first time that price has tested this region since it formed