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 CURRENCY PAIR USD-CHF It may be possible to make a false breakout of the 0.9000 range, and this will be a signal to sell. When we get a continuation of the correction to the range of 0.9000, then from there we can make a fall, and it’s...
In the early hours of trading on Wednesday, the euro retreated again, testing the 1.0680 level that has acted as support for several consecutive days and could return to 1.06, a support zone, if the euro falls below this threshold strong. This means...
AUD/USD currency pair, currently trading at around 0.6685, has been experiencing a bearish trend. This decline suggests a period of weakness for the Australian dollar (AUD) against the US dollar (USD). Several factors could be contributing to this...
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...