Gold has abated in Asia after a stellar day prior on the back of a deteriorating US Dollar and a drop in yields as the markets recoiled at Bank of England intervention. Will XAU/USD rally?...
The S&P 500 managed to end a six-day slide – its worst since the height of the 2020 pandemic – before the index marked another high profile technical break. Seemingly, all it took was a massive stimulus aimed at stabilizing a financial crisis in the UK. But is that the backdrop for a broader...
The British Pound is remains under siege despite the Bank of England rolling up their sleeves and buying long-dated bonds to mitigate monetary and fiscal policy disparity....
Crude oil prices rallied with gold and the S&P 500 after the Bank of England temporarily restarted quantitative easing. Markets eye a less-hawkish Fed. Are traders setting up for disappointment?...
The New Zealand Dollar took advantage of a broader pullback in the US Dollar, outperforming its major peers, including the Australian Dollar. New Zealand economic data is on tap for today’s session....
Developments in the Relative Strength Index (RSI) raises the scope for a near-term rebound in AUD/USD as the oscillator climbs out of oversold territory....