by SignalsFactory Staff | Aug 17, 2023 | Uncategorized
EUR/USD regains traction after bottoming out near 1.0860. Further recovery should initially target the mid-1.0900s. EUR/USD reverses four consecutive sessions of losses and regains the area beyond 1.0900 the figure on Thursday. If the rebound gathers extra steam, it...
by SignalsFactory Staff | Aug 14, 2023 | Uncategorized
Gold Price stays pressured at five-week low as bears eye yearly bottom. China fans risk-off mood amid sluggish start to key week, yields underpin US Dollar demand. More clues of US inflation, FOMC Minutes will be eyed for fresh impulse. Gold Price (XAU/USD) keeps...
by SignalsFactory Staff | Aug 10, 2023 | Uncategorized
The US dollar sheds half a point after the CPI release. Headline inflation rises by less than expected. Core inflation fell and headline inflation rose by less than expected in July, according to the latest US Inflation Report. Core inflation fell to 4.7% y/y, the...
by SignalsFactory Staff | Aug 7, 2023 | Uncategorized
Gold Price fades corrective bounce off one-month low, stays below jungle of resistances. Hawkish Fed talks, pre-data positioning defend US Dollar bulls and weigh on XAU/USD price. US inflation clues will be crucial to determine September Fed rate hike and can drown...
by SignalsFactory Staff | Aug 2, 2023 | Uncategorized
US dollar downgrade not showing in USD-crosses today. GBP/NZD multi-year high as NZ unemployment grows. GBP/USD took little notice of the downgrade and remained stuck in a narrow trading band. Sterling traders are waiting for Thursday’s latest BoE policy decision,...
by SignalsFactory Staff | Jul 31, 2023 | Uncategorized
Euro Area growth remains minimal. Core inflation remains sticky at 5.5%. The Euro Area economy expanded by 0.3% in Q2, according to the latest Eurostat data, slightly more than the 0.2% market forecast. Last month’s data was revised down to -0.1% from...
