Gold continues to reach new highs, most recently passing $2,500. While many consider precious metal as a hedge against inflation, the main factors that keep gold shining are the prospect of falling interest rates, weaker USD, geopolitical unrest, and rising chances of a recession. Let’s take a look. Inflation is coming down, but so…
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hi Traders! GBPNZD short term forecast update and follow up is here. On July 3rd, 2024 I shared this “GBPNZD Short Term Forecast And Technical Analysis” post in our blog. In this post, let’s do a…
Biden Speech Causes Emotional Farewell Amid Convention Chaos Home Economy Biden Speech Causes Emotional Farewell Amid Convention Chaos 2a02:4780:1:1::1:a22f Source link
As indicated by the XBR/USD chart, the price per barrel opened at $80.28 on Friday and closed at $77.27 on Monday. Moreover, early Tuesday trading also shows a downward trend. Bearish sentiment in the market is being influenced by geopolitical factors, particularly the easing of tensions in the Middle East. According to media reports, Israeli…
If I Was in Fed Chair Powell’s Shoes… If I was in Fed Chair Powell’s shoes, I would pat myself on the back and just look to confirm what economists are forecasting, which is for 75bps of rate cuts this year. Even if I wanted to cut rates by 50bps at the September…
Posted 1 hour ago Share Print The Australian dollar has steadied after pummeling the US dollar over the past two sessions. AUD/USD is trading at 0.6729 in the European session, down 0.04% on the day at the time of writing. RBA minutes: Rates will remain steady The RBA minutes from the meeting earlier this month…
Is the Pound Sterling Price Heading Downhill XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX;visibility:hidden”> Source link
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hi Traders! GBPCHF technical analysis and short term forecast is here. We do our analysis on the MetaTrader4 platform (MT4). Some very interesting and useful tips and hacks about the MT4 platform could be found here. If…
Shares in Donald Trump’s social media company – Trump Media & Technology (DJT) – have continued their volatility, with the price dropping by over 2.5% on Monday. The company went public on the Nasdaq in March, and the price has been volatile since then, with a loss of 36% of its value in the last…
2024.08.20 2024.08.20 Gold Avoids Bear Market. Forecast as of 20.08.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ As a rule, gold declines during periods of increased monetary tightening by the Fed. Conversely, it tends to appreciate as soon as the central bank makes a dovish reversal. In the current cycle, the usual patterns have not been observed. Let’s discuss this…