Blume
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Silver Price Analysis: Continues lower after Bearish Engulfing
Silver price continues falling after touching the top of its range and forming a Bearish Engulfing candlestick pattern. The MACD has crossed its signal line giving a sell signal. Silver price will probably fall towards a cluster of MAs in the $23.000s Silver price (XAG/USD) is trading in the $24.580
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Asian Shares Mixed Amid Geopolitical Tensions
Asian stocks turned in a mixed performance on Tuesday as geopolitical tensions intensified and rate jitters persisted. Rising tensions in the Middle East and Russia boosted crude oil prices and brought inflation concerns to the fore. Investors kept a close eye on upcoming inflation data and comments
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GBP/USD faces sharp decline amid BoE's monetary policy stance
As of Friday, the GBP/USD pair hovered around 1.2642, following a substantial decline. The Bank of England (BoE) has yet to find reasons to lower the interest rate, indicating intentions to maintain high rates for an extended period to support the necessary inflation level in the country. The BoE's
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Offshore CNH collapses to 4-mth lows as HK tech index falls 4%
Asia Market Update: Offshore CNH collapses to 4-mth lows as HK Tech index falls 4%; China chipmakers in US reg trouble; AU RBA sees financial risks as manageable; Asian stocks fall back (ex-Nikkei at new 41K high). General trend - China’s Offshore Yuan falls to levels not seen since November amid re
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GBP/USD hits two-week low after BoE, Fed decisions
GBP/USD falls to 1.2659 after BoE's dovish stance. BoE holds Bank Rate, hints at future cuts amid shifting views. UK inflation drop fuels June BoE rate cut bets. US Dollar bolstered by lower unemployment claims and economic strength. The Pound Sterling tumbles sharply against the US Dollar and print
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Pull-up Update