Gold Remains at the Back Foot Ahead of Fed, Inflation Data
Gold price eases for the third straight day and retests very important $4000 support on Wednesday, as initial enthusiasm about diplomatic action replacing hostilities...
EURCHF Continues to Trend Higher as Swiss Franc Remains Pressured by Low Interest Rates
EURCHF hit new highest level in nearly seven months, following the latest acceleration higher on Tue/Wed, extension of larger uptrend.
The Swiss Franc remains under...
Sunset Market Commentary
Markets
Since this morning, markets again face another layer of uncertainty regarding the conflict in the Middle East. After a pause in the military actions...
Australian Dollar Slides on Softer Than Expected Inflation
Aussie dollar fell nearly 0.5% on Wednesday morning, following softer than expected Australian CPI data (Q2 3.9% from Q1 / forecast 4.1% and monthly...
Gold: The Fed Will Lead the Way!
Markets are awaiting the Fed’s decision on interest rates.
Gold’s reaction will depend on the Fed’s rhetoric and the number of dissenting votes.
The...
GBP/USD at Month’s Lows: The Outlook Remains Weak
GBP/USD continued to consolidate at 1.3283 on Wednesday. The British pound hit a near one-month low in the previous session as investors monitored developments...
