Gold (XAU/USD) and Silver (XAG/USD) Analysis, Prices, and Charts Gold continues to struggle at multi-month lows. US Jobs Report is the next macro-driver on the economic calendar. Download the Brand New Q4 Gold Forecast Recommended by Nick Cawley Get Your Free Gold Forecast The US dollar is drifting lower in early trade as US yields
It was a difficult September for bond and stock bulls. After reiterating ad nauseum, it appears that the FOMC’s “higher for longer” message has finally gotten through. In general central banks are mostly in wait and see mode as they assess the many crosscurrents to determine whether additional tightening is needed. Uncertainties over the policy
The miss in the ADP report yesterday gave the market a bit of relief after a series of strong economic data like Jobless Claims, ISM Manufacturing PMI and Job Openings. The ISM services PMI has also printed bang on expectations, and coupled with the other reports, supports the soft-landing narrative. Moreover, the market was also
Oil (Brent, WTI) News and Analysis EIA data reveals weaker US demand for gasoline – storage data picks up 20 DMA presents potential support in a falling market The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library Recommended by Richard
This is the manual for the stock index hedging EA which is available here: MT4 Version here: https://www.mql5.com/en/market/product/106331/ (MT5 Version coming soon) We’ll take a look at the logic behind the strategy and how it works, as well as go into each individual setting in the EA in detail so you fully understand how to setup and
© Reuters. FILE PHOTO: A man counts U.S. dollars at a currency exchange shop in Baghdad, Iraq, January 23, 2023. REUTERS/Ahmed Saad/File Photo By Timour Azhari BAGHDAD (Reuters) – Iraq will ban cash withdrawals and transactions in U.S dollars as of Jan. 1 2024 in the latest push to curb the misuse of its hard
Share: GBP/JPY remains lackluster near 180.50 despite the UK’s economic turmoil. BoE Bailey sees inflation likely at or below 5% by the year-end. Japan Kishida vowed to make a surge of wage rises sustainable to keep inflation above 2%. The GBP/JPY pair struggles for a direction as the impact of the Bank of
Article by IG Chief Market Analyst Chris Beauchamp Dow Jones 30, DAX 40, Nasdaq 100 Analysis and Charts Dow fails to build on Wednesday’s recovery The index rallied off its lows yesterday, after heavy losses on Tuesday and Wednesday.Bulls now need to push the price back on above 33,230 to indicate that a low might
Rebounding from some pivotal, psychological levels, the vast majority of world equity indices rose yesterday, helped by a decrease in yields. Buying in the US intensified in the last minutes of trading led by large-cap techs such as TSLA (+5.93%), MSFT & AMZN. US500 was up 0.8%, its largest rise in 3 weeks and US100
The downturn in September is led by a slump in house building as output also saw its steepest decline since May 2020. Adding to that, new orders also suffered its fastest pace of decline in over three years. S&P Global notes that: “Output levels declined across the UK construction sector for the first time in
