The Federal Reserve's latest dot plot suggests that policymakers now anticipate just two quarter-point rate cuts next year, a significant shift from the previous projection of four. Fed Chair Jerome Powell acknowledged that inflation remains...
US crude oil inventories surged unexpectedly last week, with the American Petroleum Institute (API) reporting a significant increase of 10.9 million barrels for the week, in contrast to the previous week's decline of 1.5 million barrels. Market...
Gold Technical and Fundamental Analysis The gold market has a downtrend in the 30-minute timeframe, although the overall market structure remains bullish. Market structure and trend are the two most essential factors in technical analysis. When...
USD/JPY Price Movement Our discussion focuses on the present pricing behavior of the USD/JPY currency pair, which we're analyzing. I anticipate that USD/JPY will react to the Fed rate decision, with the key factor being Powell's commentary....
US Air Force General C.Q. Brown, chairman of the Joint Chiefs of Staff, stated that concerns over a near-term, full-scale Middle East conflict have diminished following limited exchanges of fire between Israel and Hezbollah in Lebanon without...