USD/CHF Price Analysis: A trendline breakout test is now conducted at 0.9230.
Despite a long weekend in the United States, volatility has decreased, and USD/CHF is trying to find direction. Detailed justification for a 25 basis point increase in interest rates will be included in the Fed minutes. The Swiss Franc asset…
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4 Global Market Updates- 21 February, 2023
In this article, we have covered the highlights of global market news about the AUD/USD, EUR/USD, USD/CAD and AUD/JPY. Despite positive Australian PMI data, AUD/USD falls near 0.6900. RBA Minutes they watched. AUD/USD declines week-start optimism even as Australian activity statistics for…
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4 Global Market Updates- 20 February, 2023
In this article, we have covered the highlights of global market news about the AUD/USD, EUR/JPY, USD/MXN and GBP/USD. AUD/USD bounced about 0.6877 but lost ground this past week. After reaching a daily high of 0.6884, the Australian dollar (AUD) concluded the…
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Gold Price Forecast: XAU/USD rebounds to $1,830s as US yields and the Dollar fall.
The price of Gold is expected to drop below $1,850 by the end of the week, losing around 1.60%. The US CPI and PPI numbers have markets again concerned about a hawkish Federal Reserve. Data on Retail Sales and Jobless…
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AUD/USD bounces about 0.6877, but lost ground this past week.
The AUD/USD closed the week with losses, owing to a change in attitude and anticipation of an aggressive Federal Reserve. Over the previous week, US inflation statistics fueled a comeback for the greenback, while US Treasury bond rates rose. The…
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