by SignalsFactory Staff | Nov 14, 2023 | Uncategorized
GOLD (XAU/USD) ANALYSIS, PRICES, AND CHARTS The US inflation report is the next driver for gold’s price action. The 200-day simple moving average provides short-term support. The latest US inflation report was released at 13:30 GMT today and is expected to show y/y...
by SignalsFactory Staff | Nov 9, 2023 | Uncategorized
USD/JPY NEWS AND ANALYSIS Raised BoJ inflation forecasts and yield curve tweaks lay the groundwork for policy pivot The yen heads lower, sending USD/JPY above the closely watched 150 marker RAISED BOJ INFLATION FORECASTS AND YIELD CURVE TWEAKS LAY GROUNDWORK FOR...
by SignalsFactory Staff | Nov 8, 2023 | Uncategorized
The Greenback adds a third straight day of gains in its recovery attempt. Traders will be looking for clues and guidance from Fed Chairman Powell. The US Dollar Index is still in the 105-region, with still more room to the upside to recover from last week’s...
by SignalsFactory Staff | Nov 6, 2023 | Uncategorized
Markets turn dovish on rates after Powell’s dot plot comments Bank of England maintains a hawkish posture but worrying growth, and employment data could test its resolve sooner than expected GBP/USD buoyed by dollar decline – meets immediate resistance via 200 SMA...
by SignalsFactory Staff | Nov 3, 2023 | Uncategorized
US NFP DATA FOR OCTOBER NFP 150k vs 180k estimate, September’s 336k print revised lower to 297k. Unemployment rate 3.9% vs 3.8% exp Fed funds futures lower estimates of another Fed hike this year Immediate market reaction: USD, yields drop...
