Wednesday , 15 January 2025
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Forex

ECB’s de Guindos: Best time to make rate decisions is together with updated projections

The projections are updated every three monthsWe'll have new ones in SeptemberThose are the most significant and interesting moments from the point of...

Forex

Gold retreats despite survey showing central bank demand to endure

Gold (XAU/USD) price edges lower, exchanging hands in the $2,310s on Tuesday as an overall positive risk tone to markets weighs on the...

African News

Nollywood actress Wunmi Toriola’s latest interview with Isbae U on Curiosity has sparked enormous comments, which made me ask. Wunmi Toriola was composed...

Forex

USD/CHF falls amid upwards revision to Swiss growth and SNB meeting uncertainty

USD/CHF trades in the 0.8870s on Tuesday, around a quarter of a percent lower on the day, after the release of Swiss government...

Forex

Gold stays in consolidative mode but the technical risks are growing

Precious metals have lost much of their momentum from May trading but while silver has retraced the upside move by quite a bit,...

Forex

WTI holds gains near $80.00 on upbeat Oil demand outlook

West Texas Intermediate (WTI), futures on NYMEX, cling to gains near the psychological resistance of $80.00 in Tuesday’s European session.

Forex

S&P 500 Technical Analysis – The path of least resistance remains to the upside

Fundamental OverviewWe got some very good news last week as both the CPI and PPI came in on the softer side. This should...

Forex

Citi raises S&P 500 year-end target to 5,600 from 5,100 previously

Citi is joining a chorus of calls in revising higher their outlook for the S&P 500 as of late. You can check out...

Forex

EUR/USD faces selling pressure near 1.0740 ahead of US Retail Sales

EUR/USD struggles to extend recovery above 1.0740 in Tuesday’s European session.

Forex

Fed officials in no rush to cut rates, looking for further progress in inflation

Federal Reserve (Fed) left the policy rate unchanged at 5.25%-5.5% following the June policy meeting, as expected.