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Euro Area inflation fell across the board in May with both the core and YoY print beating forecasts. Despite the positive data, it is unlikely to deter the ECB from hiking rates at its upcoming meeting. Go to Source of this post
The gold price outlook has recovered from a test of support as US interest rates pull back from their run higher with hopes that the debt deal will pass through Congress. Go to Source of this post Author Of this post: Daniel
AUD/USD remains hesitant as US factors and local Australian influences battle for supremacy. Go to Source of this post Author Of this post: Warren Venketas Title Of post: AUD/USD Price Forecast: Critical Juncture for Aussie Dollar Author Link: {authorlink}
The New Zealand dollar undoubtedly looks weak against its peers as the market digests the possibility of NZ rates peaking. However, the NZ currency is running into some pretty tough support that warrants caution in turning excessively bearish. Go to Source of
The S&P 500 and Nasdaq 100 fell for a second consecutive day as global growth woes and signs of a still-tight US labor market influenced sentiment. Will the S&P break under a Rising Wedge? Go to Source of this post Author Of
The US Dollar struggled for direction on Thursday after the US debt deal passed through the House of Representatives ahead of the next hurdle. The market is now eyeing the Fed for clues. Go to Source of this post Author Of this
EUR/USD plunges and reaches its lowest level since March 17 on Wednesday, with the sell-off gathering pace following the invalidation of a medium-term rising trendline late last week. Go to Source of this post Author Of this post: Diego Colman Title Of
There are a couple of things that stand out on the charts of the Japanese yen against the US dollar and the closely correlated US Treasury yields recently. Importantly, what does it tell us about the future trend? Go to Source of
Gold prices advanced on Wednesday, but gains were limited, with traders reluctant to take large directional positions ahead of the May U.S jobs report Go to Source of this post Author Of this post: Diego Colman Title Of post: Gold Prices Recover
The gold price outlook has recovered from a test of support as US interest rates pull back from their run higher with hopes that the debt deal will pass through Congress. Go to Source of this post Author Of this post: Daniel