EURJPY Wave Analysis – ActionForex
EURJPY: ⬆️ Buy EURJPY reversed from support area Likely to rise to resistance level 1.9270 EURJPY currency pair recently reversed up from the support area between the key support level…
Chinese Insurance Companies Conduct First Gold Transaction at SGE
On February 7, China launched a pilot program allowing certain insurance companies to invest in gold as part of their medium to long-term asset allocation strategies. According to the National…
US President Donald Trump rushes off stage after shots fired during White House
US President Donald Trump was swiftly escorted off the stage by Secret Service after possible shots were fired at the White House Correspondents’ Dinner in Washington, DC, on Saturday, CNN…
Gold stuck but central bank policies pose downside risks next week
Gold stuck but central bank policies pose downside risks next week Although gold continues to find initial support around $4,700 an ounce, the market remains stuck in neutral, unable to…
ECB: Expected to hike in June as inflation risks build – Commerzbank
Commerzbank's Dr. Jörg Krämer and Bernd Weidensteiner expect the European Central Bank (ECB) to leave rates unchanged next week but still project a June hike if the Strait of Hormuz…
WTI: Higher path feeding BoC inflation forecasts – TD Securities
TD Securities strategists expect the Bank of Canada’s (BoC) April Monetary Policy Report (MPR) to embed significantly higher Oil assumptions, with Brent at USD 90 and West Texas Intermediate (WTI)…
ECB Preview : No Rush Before Summer Hikes
We expect the ECB to leave the deposit rate unchanged at 2.00% on Thursday 30 April in line with consensus and market pricing. All focus is on signals. We expect…
USD/JPY: Supported but capped below 160 – DBS
DBS Group Research’s Chang Wei Liang says Japan’s March Consumer Price Index (CPI) data show underlying price pressures, with headline and core-core inflation edging higher and the Bank of Japan…
DeSantis Signs Bill Recognizing Gold And Silver As Legal Tender In Florida
Governor Ron DeSantis signed a bill Tuesday to recognize gold and silver as legal tender in Florida, paving the way for their use in financial exchanges. "You're going to be…
USD/CAD edges lower as soft Dollar, higher Oil lift Canadian outlook
USD/CAD trades around 1.3685 on Friday, down 0.12% on the day, as the pullback in the US Dollar (USD) dominates price action despite a still fragile geopolitical environment. The US…
