[ad_1] PIMCO said it was bullish on the performance of long-term bonds: continue to favour long-term bonds over the next year, as they provide high yields not seen for over a decade while offering a cushion against economic uncertainty and expectations inflation has peaked More: U.S. economic growth is expected to slow the remainder of
[ad_1] Article by IG Senior Market Analyst Shaun Murison USD/ZAR Key Takeaways: 1. The recent recovery of the Rand against the US Dollar is primarily due to the weakening of the dollar rather than the strengthening of the Rand itself. 2. The US Dollar is currently underperforming against various currencies, following remarks from Federal Reserve
[ad_1] Share: Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group suggest EUR/USD could slip back to the 1.0730 region in the near term. Key Quotes 24-hour view: We highlighted last Friday that EUR “is likely to break the major support at 1.0790, but the next support at 1.0730 is
[ad_1] Share: Gold now finds itself at its lowest level since mid-March. Economists at Commerzbank analyze XAU/USD outlook. Fed Chair Powell will probably leave all options open The recent renewed rise in US yields dampens investor interest, among both the more short-term-oriented speculative financial investors and the ETF investors. In this environment, the
[ad_1] EURUSD was above it 200 hour moving average The EURUSD is now breaking above its 200-hour moving average at 1.10037. The 50% midpoint of the move down from last week’s high comes in at 1.1030 and is the next upside target. The high from last Friday and Monday came in near 1.1045. Those are
[ad_1] The GBPUSD is higher on the day and in the short term, the buyers are “in play”. Trading above the 100 hour MA tilts the bias in that direction but there is work to do. Looking at the daily chart, the technical picture is more in the buyer’s favor. What I like about it
