raphael
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Old habits die hard: The LEI returns to the red in March
Summary After increasing for the first time in nearly two years in February, the Leading Economic Index slipped back into the red and declined 0.3% in March. Despite the monthly decline, the index broke above the threshold that is historically consistent with recession. Monthly decline, but recessio
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FX markets stage fight back against the strong Dollar
The main theme in financial markets right now is the Federal Reserve’s double pivot in the US, from not cutting interest rates, to signaling more rates are coming to then reversing course again and saying that inflation remains too hot for rate cuts at this stage. The market is actively pricing out
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ECB's Villeroy: Barring a major surprise, we should cut rates in next meeting
French central bank head and European Central Bank (ECB) policymaker Villeroy de Galhau said on Thursday that they could cut rates in the next meeting, barring a major surprise, per Reuters. Key takeaways "The risk would be to be behind the curve and to pay a too high cost bin terms of economic acti
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Gold Price Forecast: XAU/USD rebounds on market caution, aims to reach $2,400
Gold price appreciates as traders exercise caution amid concerns about escalating tensions in the Middle East. Jordan's Foreign Minister Ayman Safadi warned that Israeli retaliation against Iranian strikes could potentially escalate the conflict throughout the entire region. The correction in the US
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Breaking: Canadian inflation ticked higher in March
Inflation in Canada, as measured by the change in the Consumer Price Index (CPI), rose by 2.9% on a yearly basis in March from 2.8% in February, Statistics Canada reported on Tuesday. This reading came in above market expectations. On a monthly basis, the CPI went up by 0.6%. The annual Core CPI, wh
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Metatrader Software Free Download: How to Get Started with JRFX?
Metatrader Software Free Download? Are you ready to embark on your trading journey with JRFX's Metatrader software? Getting started is easier than you think! In this guide, we'll walk you through the simple steps to download and start using JRFX, a platform designed to empower traders of all levels.
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Pound Sterling remains on backfoot amid Middle East tensions, upbeat US Dollar
The Pound Sterling faces pressure as geopolitical tensions improve the appeal for safe-haven assets. UK’s employment and inflation data will influence speculation over BoE rate cuts. The UK economy is on track to come out of a technical recession. The Pound Sterling (GBP) shows a modest recovery aga
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US Dollar rallies to November highs, driven by hawkish Fed speakers
Despite weak sentiment data, USD rides high on hawkish Fed bets. CPI data reported this week made hopes of a June cut unlikely. Fed’s Collins and Goolsbee were on the wires sounding hawkish. The US Dollar Index (DXY) is trading above the 106.00 mark, attaining its highest level since early November.
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Pull-up Update