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All eyes on the US core PCE release
Darktrace buyout brings fresh concerns over UK valuations. BoJ keep rates steady, sending JPY lower. All eyes on the US core PCE release. The FTSE 100 has hit yet another record high in early trade, push into fresh territory for a fourth consecutive session. Another day, another UK listed company co
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EUR/JPY Price Analysis: Extends its upside above 166.50 amid the overbought condition
EUR/JPY gains traction near 166.85 on Thursday, the highest level since 2008. The cross keeps the bullish vibe, with the overbought RSI condition. The first resistance level will emerge at 166.82; the initial support level is located at 165.35. The EUR/JPY cross trades in positive territory for the
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Gold price dips slightly amid soft US Dollar, lower US yields
Gold retreats modestly after failing to sustain gains despite fall in US Treasury yields, weaker US Dollar. XAU/USD struggles to capitalize following release of weaker-than-expected S&P Global PMIs, fueling speculation about potential Fed rate cuts. Geopolitical tensions ease somewhat, impacting
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Forex Today: Improved risk appetite hurt the Dollar
Increasing appetite for the risk-linked space weighed further on the US Dollar, while disheartening US PMIs also kept the currency depressed. So far, the ECB is expected to cut rates in June, while the Fed is still seen reducing its rates in September. Here is what you need to know on Wednesday, Apr
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FTSE 100 edges off latest record
Global stock markets continued their recovery on Tuesday, with US tech stocks making firm gains ahead of Tesla’s earnings tonight, says Chris Beauchamp, Chief Market Analyst at online trading platform IG. FTSE 100 notches up fresh record “After yesterday’s strong session the FTSE 100 might have been
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EUR/USD may have one more decline to $1.0520 [Video]
In today's TradeGATEHub Live Trading session, Coach Dale delves into the potential for a further decline in the EURUSD, pointing towards a target of $1.0520. He explains how this target is derived from recent price history, providing a detailed analysis to back up his forecast. Dale also explores th
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