China Nov bank loans rise less than expected, more easing expected
UK GDP disappoints ahead of major central bank meetings. The pound is understandably weaker heading into the FOMC and BoE meetings
Gold steadies below $2,000 before CPI data, Fed meeting
US stocks opened higher, buoyed by lower US yields and a slightly weaker dollar but momentum and oscillating indicators pose a challenge to further immediate upside
Oil prices stable as investors await rate decisions
In this article, we analyze the technical outlook for USD/CAD and USD/JPY, dissecting important price levels that could function as support or resistance in the upcoming trading sessions.
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Gold’s failure to close below the $2020/oz support area yesterday prompting a retest of key resistance hovering at $2032/oz. Will the NFP print facilitate a new leg to the upside?
COP28 heads for overtime as draft fossil fuel deal divides nations
Mixed analysis: The OANDA:XAUUSD pair is currently navigating a complex economic landscape. Gold, traditionally a safe-haven asset, is influenced by the robust performance of the TVC:DXY and global economic factors.