Market OverviewThis week, major market data is set to be released, with the focus on the Federal Reserve's (FED) rate cut decision on Thursday. Traders are split on the size of the cut; a 50 bps cut c
On Thursday, investors closely watched the release of U.S. initial jobless claims and the Producer Price Index (PPI). The data showed that for the week ending September 7th, the number of initial jobl
Initial Jobless Claims came in at 230k, higher than the market consensus, pushing the dollar lower.The ECB cut rates by 25 bps, in line with market expectations.Gold surged to a new all-time high ahea
Market OverviewThe recent debate between Kamala Harris and Donald Trump has sparked discussions about the potential economic impact of the upcoming election. While public opinion polls favor Harris, t
Market Overview:In a recent debate between Kamala Harris and Donald Trump, the question arises: Who emerged as the winner? Trump blamed biased moderators, while CNN polls show 63% favoring Harris. Thi
Product: EUR/USDPrediction: IncreaseFundamental Analysis:The EUR/USD pair rose above the 1.1050 level on Thursday as markets embraced a risk-on attitude following U.S. Producer Price Index data, boost
The Week Ahead: Week of 16 September (GMT+2)Fed Rate Watch: The Week That Moves Markets!Tuesday, 17 September 2024, 08:00US Core Retail Sales (MoM) (Aug) The latest U.S. Core Retail Sales for July rep
Upbeat U.S. CPI data eases recession worries, strengthening the dollar and boosting Wall Street after the release.Gold prices were once again rejected at the $2,530 mark, indicating strong selling pre
The Federal Reserves interest rate decisions have always been a focal point for the market. As inflation data is released and the job market evolves, expectations for the Feds future policies are cons
Market OverviewThe dollar will experience strength until the FED cut decisions, as data from yesterday's CPI secured smaller rate cut bets.Data showed that underlying inflation in the US rose more tha
Product: EUR/USDPrediction: DecreaseFundamental Analysis:The Euro is set to close Wednesday with slight losses against the U.S. Dollar, down 0.04% after the U.S. inflation report showed the core Consu
Market OverviewThe dollar will experience strength until the FED cut decisions, as data from yesterday's CPI secured smaller rate cut bets.Data showed that underlying inflation in the US rose more tha
Gold fell late in the North American session, down by 0.18%, after hitting a daily peak of $2,529. US inflation data prompted traders to cut longs in the non-yielding metal due to increasing odds that
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Vice President and Democratic candidate Kamala Harris and former President and Republican candidate Donald Trump held their first televised debate at the National Constitution Center in Philadelphia,
On Tuesday (September 10th), the US dollar index fluctuated within a range above the 101 level, ultimately closing up 0.03% at 101.67. The yield on US Treasury bonds continues to decline, with the ben
Wall Street and the dollar were standing pat in the last session ahead of the U.S. CPI reading that is due today. Japanese Yen strengthened in the last session after BoJ officials signalled a further
Market AnalysisGOLD: Gold prices have been climbing ahead of the CPI data release on Wednesday, with expectations of significant market movement following the report. In the short term, this upward tr
Market AnalysisGold: Gold prices have rallied ahead of the CPI release, indicating a potential safe-haven buying spree. We anticipate further gains in the short term.Silver: Silver has seen a modest i
Market AnalysisGOLD - GOLD has risen ahead of CPI data release later this Wednesday. Big action expected to come into the market. Until then, we may see this rise further as traders cut on losses and