Rejection at $2000 Level Leaves the Door Open for a Move Lower

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

Pimco makes bold yen buying move, forecasting Bank of Japan monetary tightening

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 not

TSLA rises above $214, attempting to move off support at $210

Share: HSBC hands TSLA stock a Reduce rating and price target of $146. Tesla stock is consolidating right on top of $210 support level. HSBC analyst says too much of Tesla growth story comes at end of decade. President Joe Biden supports UAW attempt to unionize Tesla factories.   Tesla (TSLA) stock moved

FED, ECB President to Facilitate a Move Toward 1.0800?

EUR/USD, PRICE FORECAST: WEEKLY FORECAST: Gold Price Forecast: $1950 Key Support Approaches as Bears Eye Further Downside The Euro appears to be gaining some traction against the Greenback of late. The 1.0700 handle however has proved stubborn with EURUSD unable to maintain gains once crossing the threshold. Markets continue to remain optimistic that the Fed

Jerome Powell speech likely to hint at next Fed move

Share: Fed Chairman Jerome Powell will speak before the Economic Club of New York. Powell’s comments on monetary policy and interest rate path will be scrutinized by markets. The US Dollar could show significant reaction to Powell’s speech before the Fed’s blackout period begins on Saturday. Jerome Powell, Chairman of the Federal Reserve

Gold Prices Bounce Likely Short-Lived As US Rates, China Import Move Both Weigh

GOLD ANALYSIS & TALKING POINTS Gold prices bounced in early Friday trade Action looks corrective after heavy falls, doesn’t seem backed by a specific event US PCE inflation numbers will be the next big indicator Recommended by David Cottle Get Your Free Gold Forecast Gold Prices managed a little bounce in Friday’s European trade but

Move towards 1.2000 or below not ruled out – Wells Fargo

Share: The Bank of England (BoE) held its policy rate steady at 5.25%. The decision represents a loss of interest rate support for the Pound, economists at Wells Fargo report. Policy rate pause could also be a policy rate peak We now forecast that the current policy rate of 5.25% will be the