GOLD (XAU/USD) PRICE FORECAST: MOST READ: USD/CAD Remains Rangebound as Canadian CPI Falls More Than Expected. Where to Next? Gold prices continue to find acceptance above the $2000/oz a step to far. Yesterday saw an aggressive push above the resistance level only foe the Daily Candle to close back below the psychological level. Another attempt
USD/JPY ANALYSIS Key Japanese officials reiterated cautious approach. Japan’s inflation report will be the focal point for the pair next week. 50-day MA break could spark USD/JPY decline. Elevate your trading skills and gain a competitive edge. Get your hands on the JAPANESE YEN Q4 outlook today for exclusive insights into key market catalysts that
British Pound (GBP) Analysis and Charts A mildly hawkish BoE helps underpin GBP/USD Cable pushes back above 1.2200 For all market-moving economic data and events, see the DailyFX Calendar Recommended by Nick Cawley Get Your Free GBP Forecast The Bank of England (BoE) left the Bank Rate unchanged today at 5.25%, for the second meeting
EUR/USD Forecast – Prices, Charts, and Analysis ECB leaves rates unchanged as expected. EUR/USD heading towards 1.0500. Recommended by Nick Cawley How to Trade EUR/USD The ECB left all three of its key interest rates unchanged today and noted that while inflation is expected to ‘stay too high for too long’, inflation dropped markedly in
Share: The Bank of Canada (BoC) announced on Wednesday that it left the benchmark interest rate unchanged at 5% following the October policy meeting. This decision came in line with the market expectation. BoC Governor Tiff Macklem will explain the policy decisions and comment on the policy outlook in a press conference starting
2023 growth seen at 2.44m bpd 2024 growth seen at 2.25m bpd OPEC output fell 836k bpd to 27.31m bpd in July after Saudi voluntary cut Sees prospects for healthy oil fundamentals in H2 OPEC’s data suggests 2 million barrel a day supply deficit WTI crude is down 58-cents to $83.83. OPEC’s demand assumptions for
