Sunday , 9 March 2025

Forex

Forex

Bank of Japan to end negative interest rates on Tuesday with rates to rise to 0.00-0.10%

The Bank of Japan will hike rates for the first time since 2017 on Tuesday, according to Nikkei."The Bank of Japan is expected...

Forex

United States Baker Hughes US Oil Rig Count increased to 510 from previous 504

United States Baker Hughes US Oil Rig Count increased to 510 from previous 504

Forex

Major European shares close mixed/little changed.

The major European indices are closing with mixed results:German DAX, -0.03%France CAC, +0.04%UK FTSE 100, -0.20%Spain's Ibex, +1.02%Italy's FTSE MIB +0.57%For the trading...

Forex

NZDUSD; As the week works toward a close, what levels are in play for next week.

As the trading week works toward a close, what levels are in play for the NZDUSD heading into the new trading week starting...

Forex

Mexican Peso gains despite US inflation concerns, Banxico rate cut speculation

The Mexican Peso (MXN) begins Friday’s session printing minuscule gains against the US Dollar (USD) after hot inflation figures in the United States...

GBPUSD moved back to the low swing area and moving away from the 50% midpoint at 1.27462
Forex

GBPUSD moved back to the low swing area and moving away from the 50% midpoint at 1.27462

The GBPUSD has moved back to the downside in what has been a down and up and back down again type of day....

Forex

Gold Price Forecast: XAU/USD to remain supported amid economic and geopolitical tensions – ANZ

Gold’s rally has not been deterred by the pushing out of expectations around the timing of Federal Reserve rate cuts.

Forex

EUR/USD: Euro set to depreciate towards the end of the year – NBF

EUR/USD has seen some movement in the first two months of the year but remains relatively rangebound between the 1.0750 and 1.1000 levels.

Goldman Sachs raises average gold price forecast for 2024 to $2180 from $2090.
Forex

Goldman Sachs raises average gold price forecast for 2024 to $2180 from $2090.

Goldman Sachs has raised its average gold price forecast for 2024 to $2180 from $2090. The current price is trading at $2161.Looking at...

USDJPY extended to new at session highs and looks toward the 61.8% retracement target
Forex

USDJPY extended to new at session highs and looks toward the 61.8% retracement target

The USDJPY is moving to a new session high and in the process is now moving further away from the 50% midpoint of...