Gold stabilizes on Wednesday after a near 1% recovery the previous day. All eyes are on the Federal Reserve interest rate decision later in the day. Gold is better positioned to eke out a fresh all-time high still. Gold’s price
January 29, 2025
The AUD/USD forecast shows higher expectations for an RBA rate cut in February due to cooling inflation in Australia. Meanwhile, the dollar held firm after US tariff signals and ahead of the Federal Reserve policy meeting.Data on Wednesday revealed that
Image Source: Pexels Eurozone money growth (M3) decelerated to 3.5% year-on-year in December, from 3.8% in November. At the same time, loan growth to the private sector increased, though tightening credit conditions might throw a spanner in the works. Loan growth
Personal consumption represents over two-thirds of economic activity. Therefore, consumers’ ability to spend, i.e., income, is vital to the economy. Taking it one more step, confidence in the security of our jobs and wages drives the marginal consumption behaviors of
Image Source: Pexels Asian stocks and European equity futures are on the rise, following a tech-led recovery on Wall Street post a market downturn that had unsettled global markets. Investors are now shifting their focus towards the upcoming Federal Reserve interest
The AUD/USD pair falls sharply to near 0.6220 in Wednesday’s European session. The Aussie pair faces sharp selling pressure as the Australian Dollar (AUD) weakens across the board after the release of the softer-than-projected Australian Q4 Consumer Price Index (CPI) data, which
Image Source: Pexels Tariffs play a pivotal role in shaping global trade and influencing investment strategies. At their core, tariffs are taxes or duties placed on imported goods, and they can dramatically affect international commerce by making certain products more expensive
Potential signal: I’d be a buyer of this pair if we can break above the ¥156.50 level, with a stop loss at the ¥155 level. If we can get above the ¥158 level, then I think the market goes looking
Bearish view Sell the BTC/USD pair and set a take-profit at 95,000. Add a stop-loss at 106,000. Timeline: 1-2 days. Bullish view Set a sell-stop at 100,000 and a take-profit at 95,000. Add a stop-loss at 106,000. Bitcoin price moved
Tariffs and the Federal Reserve meeting are center stage today. Yesterday, the White House reiterated that tariffs on Canada and Mexico could be announced this weekend. The Canadian dollar is softer, and the Bank of Canada is widely expected deliver
