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 USD/CAD currency pair prices are currently below the weekly lows. Repeated testing and subsequent rebound could provide an opportunity for a new upward movement with targets of 1.3673 and 1.3706. At the same time, key support areas could not...
EUR/USD The German economic picture seems to be deteriorating due to weak demand predictions, which is why expectations are growing that the ECB will announce consecutive rate cuts. On Monday, data revealed that the German IFO Expectations Index...
The pair is experiencing a narrow range of oscillation during the Asian session on Wednesday, stabilizing after its recent three-day decline. The pair reached the 1.0690 area, its lowest level since early May, in the previous session. Currently,...
Hello, Gold fell to $2,310 on Wednesday as investors weighed comments from Federal Reserve officials, who appeared reluctant to cut interest rates amid stubbornly high inflation. $2,279. A break below this would signal a strong downward move. The...