by SignalsFactory Staff | Jun 28, 2023 | Uncategorized
USD/CAD climbs sharply to 1.3248, gaining more than 0.40% after Jerome Powell’s remarks at the European Central Bank (ECB) Sintra event. Powell’s suggestion of two more increases in the Fed’s policy boosted the pair, driving it to a new two-week high at 1.3276. Market...
by SignalsFactory Staff | Jun 27, 2023 | Uncategorized
The Australian Dollar rallied after the US Dollar slid Fed rate cut hopes have been pushed back and Treasury yields are mixed If China gets serious about stoking growth, will AUD/USD soar? The Australian Dollar found firmer footing on Tuesday with regional sentiment...
by SignalsFactory Staff | Jun 26, 2023 | Uncategorized
Gold price is looking for stabilization above $1,930.00 amid a sell-off in the USD Index. S&P500 futures have recovered the majority of losses, portraying a recovery in the risk appetite. Gold price is approaching the upper portion of the Falling Channel chart...
by SignalsFactory Staff | Jun 22, 2023 | Uncategorized
USD/JPY TECHNICAL ANALYSIS USD/JPY extended its advance on Thursday, soaring nearly 0.8% to 142.93, boosted by rising U.S. Treasury yields after key Fed officials, including the FOMC chairman, voiced support for additional interest rate increases later...
by SignalsFactory Staff | Jun 20, 2023 | Uncategorized
The gold price leaked lower against rising government bond yields The PBOC tilted policy and now the BoE moves into view after UK CPI data The US Dollar might hold the key for XAU/USD in what is a busy week for markets The gold price is struggling on Tuesday...
by SignalsFactory Staff | Jun 16, 2023 | Uncategorized
Gold price has stretched its rally above $1,960.00 amid a risk-on mood. The interest rate decision of skipping interest rate hikes by the Fed has provided relief to the market participants. Gold price has delivered a breakout of the Falling Channel pattern, which...
