XAG/USD dives as investors digest Powell’s words, US data

[ad_1] Share: The Silver’s spot price XAG/USD is down by more than 1%, around $22.30. Jerome Powell from the Fed was seen as hawkish on Thursday, fuelling US bond yields. Markets are pricing in rates at restrictive levels for a more extended period. UoM Consumer Sentiment data from the US came in lower

S&P surges above 100-Day MA, Signals bullish momentum

[ad_1] S&P indexes moving above its 100 day moving average The S&P index is currently trading near session highs, up 60.44 points or 1.39% at 4407.92, and in the process has broken above its 100-day moving average of 4402.47 (see the blue line in the chart above). The last time it traded above this moving

USD/JPY nears 15-year high, boosted by Powell’s hawkish remarks, high US yields

[ad_1] Share: USD/JPY extends its rally for the fifth day, flirting with the 151.00 level, driven by rising US Treasury yields and Fed Chair Powell’s inflation concerns. Market sentiment shifts following the University of Michigan data, indicating lower confidence in the economic outlook and persistent inflation fears. Japanese Yen’s further decline is tempered

Price Patterns MT4 Indicator – ForexMT4Indicators.com

[ad_1] In the world of forex trading, deciphering the intricate language of financial markets is paramount. Traders often rely on a plethora of tools and indicators to navigate this complex terrain successfully. Among these tools, the Price Patterns MT4 Indicator stands out as a valuable ally. In this article, we’ll delve into the depths of

Yellen: We have not seen an impact on the Treasury market from the ICBC attack

[ad_1] Yesterday’s poor 30-year Treasury auction reverberated through the market but later in the day, many people were arguing that it should be ignored because a ransomware attack kept China’s largest bank — ICBC — out of bidding. Yellen now says there was no impact on the Treasury market from the attack. Could she mean

Stern Powell Keeps Pressure on Euro

[ad_1] EUR/USD ANALYSIS Fed > ECB last week contributing to euro weakness. Euro & US CPI the main attraction this upcoming week. EUR/USD bears hopeful for downside breakout. 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

Aussie looking for a floor against Kiwi, slumps to 1.0780

[ad_1] Share: The AUD/NZD has etched in a new weekly low at 1.0780 after a week of declines. The Aussie’s backslide comes after reaching a technical ceiling at 1.0940. Buyers to be pushed to the back end for next week if they can’t grab ahold of moving average barriers. The AUD/NZD has managed