Palmer
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The reversal in Gold, the confirmed breakout in USD/YEN
Gold’s huge-volume reversal is definitely THE news that got the spotlight last week. What does it mean? Gold’s final top? It most likely means that “this is it”. This was the final top for the price of gold for at least some time. At least that’s what the huge-volume sessions meant previously, espec
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NZ Dollar slides to five-month low
The New Zealand dollar has stabilized on Monday after as sharp decline of 1% on Friday. In the European session, NZD/USD is trading at 0.5945, up 0.14%. The New Zealand dollar dropped as low as 0.5927 earlier, its lowest point since November 14. NZ Services PSI declines New Zealand’s services sector
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China Q1 GDP data could suggest 2024 growth target of 5% is very ambitious – TD Securities
TD Securities analysts preview the upcoming data releases from China. Authorities may step up more fiscal action soon "We expect China industrial production and retail sales to miss to the downside in March despite the seemingly upbeat March PMIs. We pencil in a 5.1% y/y growth in industrial product
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US Dollar exhibits remarkable strength amid global tensions
The EUR/USD pair has experienced a notable decline, currently stabilising around 1.0648. Last week, the pair recorded its most significant weekly gain since 2022, fuelled by the anticipation of persistently high interest rates in the US and escalated conflicts in the Middle East. The US dollar appre
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EUR/USD Trend Analysis in the Upcoming Period
#EUR/USD# EUR/USD dropped below 1.0700 following the subdued remarks from ECB policy maker Stournaras, putting pressure on the Euro. The divergent policy outlooks between the ECB and the Fed have increased the downside risks for this currency pair. Looking at the chart, the price is st
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US Dollar reaches highest value since November following PPI and Jobless Claims
DXY Index is currently trading around the high level of 105.45, realizing gains. Core PPI for March came in higher than expected on Thursday. Weekly Jobless Claims also came in hot. The US Dollar Index (DXY) is currently trading at 105.45, marking its highest position since November 2023. The Greenb
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Inflation shockwave: Stocks plunge, bond yields soar as super core CPI surges
CPI – surprises to the upside. Super Core CPI though – proves even more of an issue. Bond yields SURGE. Stocks get whacked – So, is this the beginning? Try the Classic ‘feel good’ Bolognese. Reality Check – Aisle 5! Super Core Inflation on FIRE! Small & Midcaps falling off the shelves! Stocks ge
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Need Honest Forex Trading Reviews? Try JRFX!
In the vast world of Forex trading, finding a reliable platform is key to success. With so many options available, it can be challenging to sift through the noise and find genuine reviews. This is where JRFX steps in – a platform that prioritizes transparency and honesty in its Forex trading reviews
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AUD/USD plummets to the 0.6500 support area after the US CPI release
Strong US CPI figures have sent the Aussie tumbling. US CPI accelerated 0.4% in March against expectations of a 0.3% reading. The yearly inflation jumps to 3.5% from 3.2% in the previous month AUD/USD is under pressure again, with support levels at 0.6480 and 0.6445 on the bears’ focus Australian Do
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Pull-up Update
