Gold Prices Rallied as Markets Kept Betting Against the Fed, Now What?
Gold, XAU/USD, Federal Reserve, Technical Analysis – Briefing: Gold prices rallied the most in almost 2 weeks after the Fed Markets continue to bet against Powell’s rate outlook vision XAU/USD now turns to non-farm payrolls data on Friday Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices gained 1.14 percent on Wednesday, the […]
Mortgage demand falls 9% despite rates falling for fourth week in a row
The numbers: The housing market is not out of the woods yet, as mortgage demand fell again despite an improvement in rates. Despite mortgage rates dropping for the fourth consecutive week, mortgage demand fell 9% in the latest week. Demand for both purchases and refinancing fell. That pushed the market composite index down, a measure […]
SPX500 Triple Zigzag Bounces Prices to 5K!
The current SPX500 timeframe shows the final part of a large impulse consisting of sub-waves I-II-III-IV-V. We see a fully completed cycle correction IV as a primary triple zigzag. In the near future, the price could continue to rise above 4636.46, within the final cycle wave V. This will take the form of a primary […]
‘As he reminds me, it’s not his house’: My boyfriend lives in my house with my 2 kids, but refuses to pay rent or contribute to food and utility bills. What’s my next move?
Dear Quentin, My boyfriend and I come from completely different backgrounds. I am in my mid-30s and he is 40. We both own our own homes, and had a life built prior to meeting. We have now been together for five years and we have lived only at my house for the last 2.5 years. […]
Gold Prices Power Ahead, Will XAU/USD Break $2,000 Soon?
Gold Price (XAU/USD), Chart, and Analysis Recommended by Nick Cawley Get Your Free Gold Forecast The outlook for gold remains positive with the precious metal continuing its multi-month move higher. A weaker US dollar, caused in part by a stronger Euro, global recessionary fears, and growing expectations that the Fed will ease back on interest […]
SEC Fines Bloomberg $5M over Disclosure Failure on Fixed Income Prices
The US Securities and Exchange Commission (SEC Securities and Exchange Commission (SEC) The Securities and Exchange Commission (SEC) is one of the most widely known independent authorities in the United States. The SEC has a wide range of responsibilities, helping police markets and curbing against abuse. This includes enforcing federal securities laws, proposing securities rules, […]
DAX, FTSE Prices Muted in Narrow Range of Technical Support and Resistance
FTSE 100, DAX 40 Technical Outlook Dax 40 trades flat with psychological support and resistance limiting the imminent move. FTSE 100 bulls and bears struggle to gain traction as bullish momentum stalls. Fundamental and technical levels mixed with earning season providing an additional catalyst for price action. Recommended by Tammy Da Costa Get Your Free […]
China’s Reopening Complicates Global Fight Against Inflation: WSJ
Stronger Chinese economy will boost demand for commodities but could ease supply-chain bottlenecks, sending mixed signals for central bankers… Source link
Monday morning open levels – indicative forex prices – 23 January 2023
Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week! On a Monday morning, market liquidity Read this Term is very thin until it improves as more Asian centres come online. This Monday is a little different of course as many Asia centres are out today […]
Venezuela’s bolivar depreciates to 20 per dollar as prices rise By Reuters
© Reuters. FILE PHOTO: A man walks past Venezuelan bolivar notes hung to resemble a tree, in Caracas, Venezuela March 6, 2019. REUTERS/Carlos Garcia Rawlins CARACAS (Reuters) – Venezuela’s down-at-the-heel bolivar currency fell to 20 per dollar, according to official data for Wednesday, complicating attempts by the government of President Nicolas Maduro to control inflation. […]