BOE Bailey: Far to early to be thinking about rate cuts

[ad_1] BOE Bailey: Far too early to be thinking about rate cuts Returning inflation to 2% target remains our absolute priority When inflation is high, we take no chances The tragic events in the Middle East have added upside risk to energy prices Labor market remains tight despite softening recently Wage inflation remains elevated. We

Recovery Continues as Expectations for OPEC Cuts Grow

[ad_1] OIL PRICE FORECAST: Oil Recovery Now Up 7%+ from Last Week’s Lows with $80 a Barrel Now in Sight. Speculation Continues to Mount Around Further Supply Cuts from OPEC+ as the Organization Meets Later this Month. Technical Hurdles Ahead May Prove Insignificant as Sentiment and OPEC Concerns Keep Bulls Interested. To Learn More About

What is the Stochastic Oscillator? – Analytics & Forecasts – 21 November 2023

[ad_1] What is the Stochastic Oscillator? The Stochastic Oscillator is an indicator that compares the most recent closing price of a security to the highest and lowest prices during a specified period of time. It gives readings that move (oscillate) between zero and 100 to provide an indication of the security’s momentum.   The stochastic

Indonesia and Singapore launch cross-border QR payment system By Investing.com

[ad_1] © Reuters. SINGAPORE – The central banks of Indonesia and Singapore have officially launched a cross-border QR payment linkage, a major step forward in financial integration between the two Southeast Asian nations. This new system allows users to make retail transactions seamlessly across borders by scanning QR codes through mobile apps, specifically QRIS in

XAU/USD edges lower amid recovering US yields as markets await new catalysts

[ad_1] Share: The XAU/USD trades near the $1,970 level, recording a loss of 0.40%. US yields recovered and traders await potential new catalysts to model their expectations on the next Fed moves on a quiet week.  The week’s highlights are the FOMC minutes on Wednesday. In Monday’s session, XAU/USD is seeing 0.40% losses,

High Way Channel MT4 Indicator

[ad_1] In the fast-paced world of financial markets, traders are constantly seeking tools and strategies to gain an edge. One such tool that has gained popularity in recent years is the High Way Channel MT4 Indicator. In this article, we will take a deep dive into this technical indicator, exploring its functionality, application, and how

EUR Bid on USD Weakness as Vulnerabilities Remain

[ad_1] EUR/USD ANALYSIS Weak US dollar providing sustenance for EUR. ECB officials in focus today. EUR/USD hits overbought zone on RSI, is bullish momentum fading? Elevate your trading skills and gain a competitive edge. Get your hands on the Euro Q4 outlook today for exclusive insights into key market catalysts that should be on every

Nvidia: Earnings Preview

[ad_1] Nvidia Corp. started on a path higher in November, since gaining ground at $395.09 in 31st October. As of market close last Friday, Nvidia recorded gains of over 24% from its recent lows. The American multinational technology company which engages in the design and manufacture of computer graphics processors, chipsets and related multimedia software,

Treasury Secretary Yellen: US China recognize they have opportunity to work together

[ad_1] High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do

GBP/USD Testing 1.2500 on US Dollar Weakness

[ad_1] British Pound Latest: GBP/USD Analysis and Chart Cable gains on US dollar weakness. UK Autumn Statement is released on Wednesday. For all market-moving economic data and events, see the DailyFX Calendar Ahead of this week’s Autumn Statement, UK PM Rishi Sunak is promising to reduce debt and cut taxes in an effort to boost