Federal Reserve Sends Strong Signal of Elevated Peak Rate as Gold Prices Swiftly Reverse Direction by Vinit Makol · June 15, 2023 · no comment The Federal Reserve (Fed) recently announced its decision to keep the benchmark interest rate unchanged, but with a clear indication of a higher peak rate than previously anticipated. This shift ... 0 shares
Copper Price Rebound Soars with Strong Momentum as PBoC Takes Action to Lower Chinese Borrowing Costs by Vinit Makol · June 14, 2023 · no comment Amidst an encouraging copper price rebound, the market has witnessed a remarkable resurgence, driven by improved sentiment stemming from the People's Bank of China's (PBoC) decision to lower short-term lending ... 0 shares
US Dollar Declines Prior to Crucial Fed Decision, DXY Levels Under Scrutiny by Vinit Makol · June 14, 2023 · no comment The US dollar, as measured by the DXY index, is facing downward pressure as traders eagerly await the crucial Federal Open Market Committee (FOMC) decision. Market participants are closely monitoring ... 0 shares
EURAUD Faces Critical Test as Bears Stage a Comeback by Vinit Makol · June 13, 2023 · no comment EURAUD, the currency pair comprising the euro and the Australian dollar, is currently undergoing a crucial phase as bears regain control, leading to a potentially significant market shift. The recent ... 0 shares
Gold Price Outlook: CPI Data and Fed Policy Decision Bring Uncertainty by Vinit Makol · June 13, 2023 · no comment As uncertainty looms over the gold price outlook, the financial markets have been closely monitoring the release of important economic data and eagerly awaiting a highly-anticipated policy decision by the ... 0 shares
Oil Prices Plummet Despite Saudi Production Cut, Approaching Multi-Week Lows by Vinit Makol · June 13, 2023 · no comment Oil prices have been facing persistent downward pressure, continuing their post-OPEC+ slide and approaching multi-week lows, despite the recent Saudi oil production cut. The announcement of a one million barrels ... 0 shares