Wall Street Tumbles on Hawkish Fed Expectation
Wall Street weighs on Hawkish Fed expectation and trade with strong downside pressure. The yen strengthened as speculation of a BoJ January rate hike resurfaced. Oil prices continue to surge as cold w
TUESDAY TRADING
BUY GOLD 2680 and below target 2625SELLGOLD 2624 and above target 2585BUY EURUSD 10370 target 10430SELL EURUSD 10428 target 10370BUY GBPUSD 12500 target 12585SELL GBPUSD 12580 target 12490BUY USDJPY 1
US finger hovering at a two-year high, gold once lost the 2600 level!
Hot spot trackingBrazils central bank has stepped in to prop up the currency, still losing 22 per cent of its value this year. The news was Brazilian real.The U. S. Treasury Secretary announced $3.4 b
Analysis of today's market
During Monday's North American trading session, gold prices dipped near a low of close to $2,600. As the US dollar staged a rebound during the session and turned positive, gold faced selling pressure,
Musk takes on Maga, and the Trump coalition is divided over immigration!
Hot spot trackingMusk took on Maga, and the Trump coalition fell into infighting over immigration. At the heart of the infighting are Donald Trumps core election issues -- immigration -- and the H1-B
Dollar Buoys by Strong U.S. Treasury Yield
The financial market is standing pat as the New Year holiday approaches. Gold has shrug-off from its bearish momentum but remains pressured by the strengthening dollar. BTC is trading lower as the Tru
FPG USTEC Market Report December 30, 2024
The USTEC index has maintained its dominant bullish trend since reversing direction in August 2024. The index currently trades at 21,450.79, finding support along a diagonal trendline that has sustain
【MACRO Alert】The Fed and the bond market are in a tug-of-war - the US dollar benefits from it!
The markets may be volatile in the coming months, but there are ways to avoid the fray and earn solid gains. Although the Federal Reserve has been cutting rates since September, long-term Treasury yie
US dollar fell Friday, while rising bond yields capped gold gains.
Last Friday, due to the uncertainty of the upcoming Trump administrations policies, the US dollar index remained volatile and ultimately closed down 0.06% at 108.03. US Treasury yields rose across the
MONDAY TRADING
BUY GOLD 2600 and below target 2640SELLGOLD 2640 and above target 2602BUY EURUSD 10382 target 10440SELL EURUSD 10443 target 10379BUY GBPUSD 12515 target 12598SELL GBPUSD 12620 target 12502BUY USDJPY 1
FBS Invites You to Join Us at iFX Expo Dubai 2025
We are glad to announce our participation in the upcoming iFX Expo Dubai! The event will take place from January 15–16, 2025, at the Dubai World Trade Centre.As a Bronze Sponsor, FBS invites you to Bo
【MACRO Insight】Will the Fed's delicate balance be broken? The tug of war between interest rate adjus
On the global financial stage, the U.S. monetary policy and financing market dynamics are a barometer of the global economy and play a vital role in the stability and predictability of global financia
Greenback Rallies on Fed Hike Bets
Dollar Strengthens: Positive U.S. labor data fuels Fed tightening expectations.Oil Declines: Dollar strength and profit-taking weigh on prices despite China stimulus optimism.Gold Rises: Geopolitical
WHAT IS FOREX?
Forex (Foreign Exchange) is the worlds largest and most liquid financial market. In the Forex market, trading is based on the exchange rates between different currencies. Investors trade in Forex to p
US initial jobless claims hit a 1-month low; gold prices rise on safe-haven demand.
On Thursday, market trading was light after the Christmas holiday, and the US dollar index continued to hover around a two-year high, ultimately closing down 0.045% at 108.09. The yield of US Treasury
Gold once approached $2,640; Russia will continue to supply gas to Europe!
Hot spot trackingThe number of initial jobless claims in the United States for the week ending December 21 was 219,000, while the market expected 224,000. This news is bullish for the US dollar.The po
New Year, New Market: 2025 Expected For Quiet Start!
Thursday, 2 January 2025, 09:00US ISM Manufacturing PMI (Dec) The latest U.S. ISM Manufacturing Purchasing Managers Index (PMI) for November 2024 was 48.4%, exceed market expectation of 47.7 and also
FRIDAY TRADING
BUY GOLD 2520 and below target 2645SELLGOLD 2650 and above target 2625BUY EURUSD 10380 target 10440SELL EURUSD 10438 target 10395BUY GBPUSD 12465 target 12548SELL GBPUSD 12555 target 12490BUY USDJPY 1
Analysis of today's market
Early on Thursday, traders exhibited some interest in safe-haven assets. In contrast, futures on the SP 500 remained stagnant, lacking the momentum to stimulate stock trading. In terms of trading volu
【MACRO Alert】 Global turbulence - a stabilizer or a source of pressure for the precious metals marke
In the global financial arena, gold and silver are not only precious metals, but also a barometer of global economic sentiment. In 2024, the two markets experienced dramatic fluctuations, with gold hi