The British pound weakened against the US dollar on Wednesday, following the release of US inflation data that suggested a more cautious approach from the Federal Reserve regarding interest rate cuts. The overall CPI rose in line with expectations,...
Gold / Gold / XAUUSD Yesterday, activity picked up a bit, on the back of the release of US consumer price data, even rising slightly at the time of publication, although speculators generally did not expect my expectations, and reacted...
Fundamental Analysis The market's response to the most recent US inflation statistics has kept the GBP/USD pair under pressure, with it now trading close to 1.3045. The pound seems to be under further pressure now that economic data from the...
Gold retested recent highs on Wednesday but was rejected after hitting a high of $2,529, just shy of a record high of $2,532 set three weeks ago. This is the fourth week in a row that gold has attempted to break through this resistance level,...
Fundamental Analysis Following the announcement of Australia's modest Consumer Inflation Expectations on Thursday, the AUD/USD pair gains momentum. Furthermore, the present board of the Reserve Bank of Australia (RBA) has come under fire from former...