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As Federal Reserve policymakers prepare to hold their final meeting of the year this week, markets widely expect a 25 basis point rate cut. However, more attention will be paid to their latest assessm
BUY GOLD 2630 and below target 2665SELLGOLD 2670 and above target 2620BUY EURUSD 10445 target 10525SELL EURUSD 10530 target 10450BUY GBPUSD 12595 target 12710SELL GBPUSD 12715 target 12570BUY USDJPY 1
On Monday, the US dollar index opened high and fell into a sideways oscillation, ultimately closing down 0.082% at 106.85. The yield of US Treasury bonds continues to rise, with the two-year bond yiel
Market OverviewGOLD - Gold prices have held steady and recovered slightly from the previous day‘s lows. We anticipate further buying momentum leading up to Thursday’s expected rate cut announcement, w
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Market Analysis GOLD - Gold prices have held steady and recovered slightly from the previous day‘s lows. We anticipate further buying momentum leading up to Thursday’s expected rate cut a
Market Analysis GOLD - Gold prices have held steady and recovered slightly from the previous day‘s lows. We anticipate further buying momentum leading up to Thursday’s expected rate cut annou
Hot spot tracking The initial value of the US SP global manufacturing PMI for December was 48.3, which was lower than expected and hit a three-month low. Bearish for the dollar. The initial va
The U.S. dollar stood pat ahead of the Feds interest rate decision on Wednesday. Euro weighs on the German political uncertainty after the parliament voted out Olaf Scholz. Oil remained subdued as the
Gold prices edge slightly higher during the North American session at the beginning of the week, up by 0.28%, as investors await the Federal Open Market Committee (FOMC) decision. At the time of writi
Having access to capital is absolutely necessary for success in the constantly shifting marketplace of trade, and this is especially true in the foreign exchange market. There are a lot of traders who
Last Friday, the US dollar index hovered around the 107 level and ultimately closed down 0.071% at 106.94, remaining stable at a high in over two weeks and achieving its best weekly performance in a m
Wall Street analysts generally predict that the dollar may peak in the middle of next year and then begin to decline, predicting that it may fall by 6% by the end of the year. This forecast is mainly
Market OverviewIn the U.S., Flash Manufacturing and Services PMI data will be released on Monday, followed by Core Retail Sales and Retail Sales m/m on Tuesday. On Thursday, the much-anticipated FOMC
Gold remains weak ahead of the Feds interest rate decision on Wednesday. Oil gapped down as the market speculated an increase in oil supply in 2025. BTC reached a new all-time high on optimism to incl
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Hot spot trackingAccording to Japans Kyodo News: The Bank of Japan is considering delaying an interest rate hike. This news is bearish for the yen.Market news: The European Central Bank will release d
Market OverviewIn the U.S., Flash Manufacturing and Services PMI data will be released on Monday, followed by Core Retail Sales and Retail Sales m/m on Tuesday. On Thursday, the much-anticipated FOMC