British Pound Set for Worst Month Since August 2022 as Upside Exposure Builds

British Pound, GBP/USD, Technical Analysis, Retail Trader Positioning – IGCS Update British Pound set for worst month since August 2022? Retail traders’ bullish exposure relentlessly building Will the exchange rate bounce off near-term support? Recommended by Daniel Dubrovsky How to Trade GBP/USD At over -4 percent, the British Pound is on course for the worst

Unchallenged US Dollar Set to Weigh on Gold Upside

Gold (XAU/USD) Analysis US dollar and yields remain central ahead of US CPI print Gold set for weekly decline as price action hovers around key 200 DMA US CPI remains the key risk in the week ahead as the Fed prepares for next meeting The analysis in this article makes use of chart patterns and

Dollar edges lower ahead of payrolls; set for losing week By Investing.com

Investing.com – The U.S. dollar edged lower in early European trade Friday, on course to end a six-week winning streak ahead of the release of the highly-anticipated monthly U.S. jobs report.  At 03:15 ET (07:15 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 103.544,

Need to set interest rates sufficiently restrictive for as long as necessary

Share: European Central Bank President Christine Lagarde spoke at the Jackson Hole Symposium. In her speech, she mentioned that the fight against inflation “is not yet won.” She emphasized the importance of central banks providing a nominal anchor for the economy and ensuring price stability. Lagarde stated that this entails setting interest rates

Here’s a $148K forecast for Bitcoin – Halving set up

A forecast for a much higher BTC price from ‘Panetra Capital’. “Bitcoin has historically bottomed 477 days prior to the halving, climbed leading into it, and then exploded to the upside afterwards,” “The post-halving rallies have averaged 480 days – from the halving to the peak of that next bull cycle.” Thus BTC should have