XAU/USD trades near $2,010 after retreating from a six-month high

Share: Gold price gains ground for the third session on subdued US Dollar. Yellow metal may receive support on the positive sentiment as PBoC boosts financial support for private firms. Fed officials favor further tightening and emphasize that decisions will be contingent on incoming data. Gold price trims some of its intraday gains

China's Health Ministry says the surge in respiratory illnesses not a novel virus

China’s health Ministry says that the @page { size: 21cm 29.7cm; margin: 2cm } p { line-height: 115%; margin-bottom: 0.25cm; background: transparent } surge in respiratory illnesses across China that has drawn the attention of the World Health Organization is caused by the flu and other known pathogens and not by a novel virus. Related

USD/JPY extends the range-bound theme around 149.50 ahead of the US housing data

Share: USD/JPY keeps the range-bound theme unchanged around 149.50 in early Monday. The less hawkish stance from the Federal Reserve (Fed) weighs on the Greenback. Japan’s National Consumer Price Index (CPI) for October rose by 3.3% YoY vs. 3.0% prior. The USD/JPY pair maintains the multi-session range-bound theme unchanged around the mid-149.00s during

Bheurekso Pattern MT5 Indicator – ForexMT4Indicators.com

In the world of financial markets, trading indicators play a crucial role in helping traders make informed decisions. One such indicator that has gained significant attention in recent years is the Bheurekso Pattern MT5 Indicator. In this article, we will delve into the details of this powerful trading tool, exploring its features, benefits, and how

Bank of America warns that signs of caution have emerged for S&P 500

Bank of America’s chief strategist, Michael Hartnett, has been busy since Friday, when he wrote in a note to clients that investors piled US$40 billion into equities over the past two weeks, which has helped the S&P500 to its best monthly performance, so far, since July 2022. He noted, though that signs of caution have

The rally in both bonds and stocks looks unsustainable – Nordea

Share: In November, stocks and bonds have rallied and the US Dollar has weakened. Economists at Nordea expect markets to move back to reality. The current rally in bonds and stocks is unlikely to continue The rally in both bonds and stocks looks unsustainable. The next environment is likely to be one of