The British Pound is on a tear against the Japanese Yen, fueled by a broad decline in the Yen's value. This decline comes despite the Bank of Japan's (BoJ) staunch commitment to ultra-loose monetary policy. The BoJ's attempts to talk up the Yen and...
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...
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 Euro/dollar currency pair experienced a third consecutive loss on Wednesday, as market sentiment turned negative following the EU parliamentary elections. The elections revealed a significant shift towards center-right and far-right parties...
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...