Hamilton
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Without of a hawkish stance from the BoJ, the USD/JPY will likely continue its upside trajectory
The week started on a hopeful note after the de-escalation of tensions between Israel and Iran. Gold shortly fell below $2300 per ounce in Asia. Brent dipped below the $86pb level, as US crude tested the 50-DMA to the downside. Equities rebounded. The Stoxx 600 index jumped past the 50-DMA and the 5
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Brent Crude dips to four-week low amid easing geopolitical tensions
Brent crude oil prices fell to a four-week low of 86.50 USD on Monday, influenced by several contributing factors. The primary cause of the decline was a reduction in geopolitical tensions as Iran's rhetoric toward Israel showed signs of de-escalation. This change is significant given that Iran is t
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Pre Asia open: For US equities, the higher for longer rate bell tolls
Last week, equity markets continued their downward correction despite solid economic data. This correction was driven by the realization that rate cuts are not imminent or as aggressive as previously anticipated. The S&P 500 experienced a 3.2% decline by late Friday, with notable sectors such as
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UK Retail Sales prints 0% MoM in March vs. 0.3% expected
The UK Retail Sales arrived at 0% MoM in March, miss estimates. Core Retail Sales for the UK drops 0.3% MoM in March. GBP/USD stays weak near 1.2400 after mixed UK data. The UK Retail Sales came in at 0% over the month in March vs. 0.3% expected and 0.1% in February, the latest data published by the
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EUR/JPY Price Analysis: Bulls Maintain Control, consolidation phase likely
The RSI on the daily chart of EUR/JPY indicates sustained bullish momentum. Hourly chart shows an RSI below its mid-zone and MACD with rising red bars, pointing towards possible consolidation. The EUR/JPY's position above main SMAs underscores a strong bullish bias. The EUR/JPY slightly declined to
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Silver Price Analysis: XAG/USD clings to $28.00 amid high US yields
Silver maintains modest gains supported by a still-bullish market sentiment despite high US Treasury yields. Technical outlook favorable as the Relative Strength Index (RSI) indicates buying activity despite a slight dip. Potential resistance and breakout points set at $28.75 and $29.00, with eyes o
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US Dollar on the rise as inflation concerns persist
UK inflation brings both optimism and caution. IMF growth projections highlight protracted wait for US cuts. US Dollar on the rise as inflation concerns persist. European markets have enjoyed a welcome reprieve from the selling pressure that has dominated much of the week, with mainland indices lead
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USD/CHF finds some support above 0.9100 amid the cautious mood, geopolitical tensions eyed
USD/CHF edges lower to 0.9105 amid the softer USD on Wednesday. The uncertainties and escalating tensions in the Middle East might benefit the Swiss Franc (CHF). Fed’s Powell stated that monetary policy needs to be restrictive for longer, triggering the hope of delaying interest rate cuts. The USD/C
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Uncover Brokers That Give Bonus Without Deposit with JRFX
Brokers that gives bonus without deposit? Look no further than JRFX, a trusted and reliable platform in the trading world. In this article, we'll uncover the brokers that provide these enticing bonuses and how JRFX can be your gateway to a rewarding trading experience. 1. The Appeal of No Deposit Bo
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Pull-up Update