Bank of America predicts gold prices to rise to $3000 per ounce over the next 12-18 months, while the precious metal retreats against the backdrop of remarks by FOMC official Michelle Bowman about the prospects of raising the federal funds rate. If...
The USD/CAD currency pair has experienced slight gains, currently trading around 1.3710, marking the end of a four-day losing streak during the early Asian trading session on Thursday. This uptick in the US dollar (USD) is notable after a period of...
The new trading session for the USD/CAD currency pair presented a curious scene: the US dollar under pressure despite a strengthening US Dollar Index (DXY). This counterintuitive situation stemmed from two opposing forces. On one hand, the US dollar...
Current Movements and Bullish Trends in Crude Oil Prices Today, I am going to discuss the current state of crude oil prices. On the D1 chart, crude oil is currently moving around the 81.62 level. From the chart, we can observe that the price has...
The USD/JPY is trading slightly below the critical 160 level at a moderate pace reported overpurchase situations; Sellers are waiting below 158.35-159.00 BoJ intervention is possible; U.S. core PCE inflation is due at 12:30 GMT Friday After a...