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  Forecast of Gold Price: Short-term Bounce at $1800 Psychological Level

  Mar 1, 23 • 2966 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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  Another Inflation Fix After US CPI and Core PCE

  Feb 27, 23 • 614 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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  Market Roundup: RBNZ Hikes Rates

  Feb 24, 23 • 148 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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  Gold Price Latest Update towards Higher Future Interest Rates

  Feb 22, 23 • 5287 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...

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  Will this Packed Week Surprise the Markets?

  Feb 6, 23 • 4655 Views • Forex News, Top News • Zahir Shah Comments Off on Will this Packed Week Surprise the Markets?

  Financial markets will be wild and eventful over the next few days thanks to key economic data, central bank decisions, and tech company earnings. Immediately before meetings of the Federal Reserve, Bank of England, and European Central Bank, investors...

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  Crucial Forex Week Outlook with Fed, BoE, and ECB Policy Meetings

  Jan 31, 23 • 7813 Views • Forex News, Top News • Zahir Shah Comments Off on Crucial Forex Week Outlook with Fed, BoE, and ECB Policy Meetings

  In the session last Friday, US PCE deflators and spending data were near consensuses, as was expected after the Q4 GDP release earlier that week. The final figures from University Michigan consumer confidence showed an upward revision to inflation...

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  Forex Today: Bank of Canada Softens Dollar- Q4 GDP Gains Attention

  Jan 27, 23 • 6246 Views • Forex News, Top News • Zahir Shah Comments Off on Forex Today: Bank of Canada Softens Dollar- Q4 GDP Gains Attention

  The US Dollar struggles to stay resilient against its rivals early Thursday as the US Dollar Index remains in negative territory below 102.00 following Wednesday’s slide. Throughout the first half of the day, the market action will likely be driven by...

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  Forex Today: Australian Inflation Hits 32-Year High, Focus on the BOC

  Jan 26, 23 • 6043 Views • Forex News, Top News • Zahir Shah Comments Off on Forex Today: Australian Inflation Hits 32-Year High, Focus on the BOC

  The following information is important for Wednesday, January 25. Investors are looking for the next significant catalyst as markets remain indecisive mid-week. As a result of Tuesday’s failed recovery attempt, the US Dollar Index is hovering around...

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  EUR/USD Forecast: Euro on track for second weekly profit in a row

  Dec 24, 22 • 558 Views • Forex News, Top News • Zahir Shah Comments Off on EUR/USD Forecast: Euro on track for second weekly profit in a row

  After a mixed start to trading, the Euro held above the 1.06 dollar mark on Friday. At midday, the common currency cost 1.0619 dollars, a slight increase from the previous evening. As of Thursday, the reference rate was set at 1.0633 dollars by the European...

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  US PCE inflation data expected before the Long weekend

  Dec 24, 22 • 1088 Views • Forex News, Top News • Zahir Shah Comments Off on US PCE inflation data expected before the Long weekend

  Market conditions remain subdued early Friday as traders in the lead-up to Christmas remain subdued. A monthly report from the German Bundesbank will be released during European trading hours. A report on November’s Personal Consumption Expenditure...