Political turmoil in Germany has significantly weakened the Euro, as the collapse of the three-party coalition following Chancellor Olaf Scholz’s dismissal of Finance Minister Christian Linder has fueled uncertainty. Reports suggest that Scholz may...
The Canadian dollar shows a limited movement for the third day in a row. At the European meeting, USD/CAD is traded at 1.4328, which is 0.14% per day. The week will be wrapped with a January employment report from Canada and the Nonfarm payout...
The latest US inflation data revealed that the core gauge, which excludes volatile food and energy prices, rose 2.8%, aligning with the previous month’s reading but falling short of market expectations of 2.9%. Meanwhile, Personal Income saw a...
Technical Analysis of Gold Technical analysis of gold on a daily chart supports the upward trend in the coming days. This month, the price of gold started trading within an upward pattern, as we have two upward channels that represent the general...
Looking at what happened this week, it can be said that GOLD is at least trying to make another downward movement and even if we look at last Thursday, GOLD was quite impressively able to make another decline and was able to touch the EMA50 area...
