USD/JPY keeps the red below 130.00, eyes US PCE Price Index for fresh impetus
USD/JPY meets with a fresh supply on Friday and is pressured by a combination of factors. Strong Tokyo inflation fuels speculations about a hawkish shift by the BoJ and lifts the JPY. The emergence of fresh USD selling contributes to the intraday slide ahead of the US PCE. The USD/JPY pair comes under some renewed […]
Column-Trapdoor for dollar, red flag for Fed: Mike Dolan By Reuters
2/2 © Reuters. FILE PHOTO: An eagle tops the U.S. Federal Reserve building’s facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/File Photo 2/2 By Mike Dolan LONDON (Reuters) – The U.S. dollar’s accelerating decline from the heady highs of 2022 has a ways to go yet – but the speed of the drop may build […]
XAU/USD Soars but Overbought Signals Flash Red
Gold (XAU/USD) Analysis Gold maintains bullish momentum after welcome CPI data Gold faces fresh resistance above 1900 which may pose too stern a challenge as overbought signals sound the alarm for bullish continuation plays The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our […]