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May 3, 23 •
1248 Views •
Forex News, Top News •
Zahir Shah
Comments Off on Stagflation Fears Stemming from Looming Economic Woes
Financial markets are caught in a tug-of-war between continued inflation and recession worries as they try to guess the Federal Reserve’s next move. This means that investors are potentially ignoring a much more dangerous outcome: stagflation. The...
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May 1, 23 •
1405 Views •
Forex News, Top News •
Zahir Shah
Comments Off on Bitcoin’s Longest Winning Streak since 2021: Analysts Predict Future Growth
Bitcoin closes April with gains. This marks the 4th month in a row of price increases. Longest streak since March 2021. On Sunday, March 30, the BTC coin climbed to $30,000, down from its peak of $31,000 on April 14. Bitcoin has plunged 77% from its record...
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Mar 30, 23 •
3385 Views •
Forex News, Top News •
Zahir Shah
Comments Off on Risk Sentiment Improves as Banking Crisis Subsides
The US dollar edged higher on Thursday as easing worries about the banking sector lifted sentiment, and investors turned their attention to the Federal Reserve’s fight against inflation. The dollar index, which measures the exchange rate against six...
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Mar 29, 23 •
3270 Views •
Forex News, Top News •
Zahir Shah
Comments Off on US Stocks Soar amid Improved Sentiment in Chinese Tech
Alibaba spurs rally in Hong Kong, UBS leads banks. European stocks rose alongside Asian stocks as the Hong Kong market fell sharply on Alibaba Group Holdings Ltd’s proposed reorganization, which bodes well for Chinese tech companies. US stock futures...
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Mar 25, 23 •
1576 Views •
Forex News, Top News •
Zahir Shah
Comments Off on Forecast on Gold Price: Uptrend in Gold as Traders Buy the Dip
Traders buy when prices go down, pushing gold up. This is because the Initial data showed that fewer Americans are applying for unemployment benefits than experts had thought. This caused a drop. The gold has reached a daily high of $1,982 so far today. For...
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Mar 23, 23 •
1070 Views •
Forex News, Top News •
Zahir Shah
Comments Off on USD/JPY Price Outlook: Scenario Behind Trade Setups in Line of FOMC
After March 9, when it was found that SVB could be a problem for the banking system as a whole, investors turned to the Japanese yen as a safe currency. Here’s a quick look at how the yen has done against some of the world’s most important...
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Mar 1, 23 •
8499 Views •
Forex News, Top News •
Zahir Shah
Comments Off on Forecast of Gold Price: Short-term Bounce at $1800 Psychological Level
Gold prices fell throughout the Asian trading session, reaching a low of approximately $1806.50 before the start of the European Open. Since then, there has been a negligible increase of approximately $6, and the current price of gold is 1812. Gold is still...
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Feb 27, 23 •
2541 Views •
Forex News, Top News •
Zahir Shah
Comments Off on Another Inflation Fix After US CPI and Core PCE
Asian Indices UK and Europe US Futures Kazuo Ueda, the next governor of the Bank of Japan (BOJ), disappointed hawks at his confirmation hearing. He did not challenge the status quo’s ultra-easy stance but instead joined the chorus of those who agreed....
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Feb 24, 23 •
751 Views •
Forex News, Top News •
Zahir Shah
Comments Off on Market Roundup: RBNZ Hikes Rates
As the NA session starts, NZD is the best currency, and AUD is the worst. The Dollar is all over the place, but the markets are making small changes to keep it steady. As worries about inflation grew yesterday, US markets and rates went down. In this case,...
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Feb 22, 23 •
8838 Views •
Forex News, Top News •
Zahir Shah
Comments Off on Gold Price Latest Update towards Higher Future Interest Rates
Since more and more people expect interest rates to increase, gold is seen as a risky investment and is losing its appeal. At the beginning of the month, bond markets thought the Fed funds rate would end up somewhere around 4.8%. The rate has increased by...
