• July 12, 2024
  • Market News
  • Comments : 0

British Pound Holds At ’24 Highs Vs USD But Starts To Look Stretched

Sterling has had a great run this month, and retains a lot of fundamental support. However it is perhaps in need of a break....
Read More
  • July 12, 2024
  • Market News
  • Comments : 0

Japanese Yen Analysis – USD/JPY Trims Losses; Official Intervention of Jawboning?

The Japanese Yen rallied sharply against the US dollar Thursday after weaker-than-expected US inflation data sent the greenback tumbling. Did the BoJ boost the Yen rally?...
Read More
  • July 11, 2024
  • Market News
  • Comments : 0

US Dollar Slumps After Inflation Eases Further – Stocks, Gold, and Silver Rally

The US dollar fell sharply after the latest US CPI data showed inflation easing by more than forecast. US stocks and gold are rallying into the US open....
Read More
  • July 11, 2024
  • Market News
  • Comments : 0

Gold Prices Edge Closer To Record Highs As Fed Rate Cut Hopes Boost Demand

The market is again very close to $2,400/ounce and, while fundamental support is solid, may be due a breather....
Read More
  • July 11, 2024
  • Market News
  • Comments : 0

British Pound Latest – UK GDP Beats Estimates, Rate Cut Expectations Trimmed

The UK economy expanded by 0.4% in May, after flatlining in April, and by a robust 0.9% in the three months to May compared with the three months to February....
Read More
  • July 10, 2024
  • Market News
  • Comments : 0

British Pound (GBP/USD) Latest – Cable Under Pressure as Gilt Yields Slide

Short-dated UK government bond yields are testing lows last seen in late March as investors see interest rate cuts looming on the horizon...
Read More
  • July 10, 2024
  • Market News
  • Comments : 0

Euro Edges Up As Key US, German Inflation Numbers Approach. Powell On Tap Again

The Fed Chair didn’t tell markets much they didn’t already suspect on Tuesday. His second day of Testimony is now in focus...
Read More
  • July 10, 2024
  • Market News
  • Comments : 0

JPMorgan stock price at record high ahead of Q2 earnings

JPMorgan earnings kick off earnings season on 12 July, but a slowdown is expected despite the stock’s run to record highs....
Read More
  • July 9, 2024
  • Market News
  • Comments : 0

US Dollar Little Moved on Chair Powell’s Testimony, EUR/USD and GBP/USD Sentiment Analysis

US Fed Chair Jerome Powell’s semiannual testimony to Congress has produced little of note so far, leaving US dollar traders looking ahead to Thursday’s inflation report...
Read More
  • July 9, 2024
  • Market News
  • Comments : 0

US Crude Oil Prices Retreat As Storm Beryl Spares Texas Infrastructure, Powell Up Next

The storm was less disruptive than it might have been, leaving supply worries looking overdone....
Read More
1 … 6 7 8 … 437