Fully Regulated Australian Specialist Broker

Thursday, 11 April 2024

Euro’s Outlook Turns Bearish After ECB Decision, Setups on EUR/USD, EUR/GBP

The prospect of the ECB starting its easing cycle before the Federal Reserve and the Bank of England and delivering more rate cuts than both institutions this year may put downward pressure on the euro against the U.S. dollar and sterling in the near term. Via DailyFX - Market News https://www.dailyfx.com

Gold, Silver Technical Forecast: Price Action Setups Analysed

Precious metals have eased slightly in the wake of the elevated CPI report. Both gold and silver currently test significant levels of resistance Via DailyFX - Market News https://www.dailyfx.com

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clues on when the ECB will start cutting rates Via DailyFX - Market News https://www.dailyfx.com

USD/JPY Outlook: Hot US Inflation Propels USD/JPY to Worrying Levels

Japanese finance officials issued a further warning centered around the volatility of recent yen weakness, explicitly mentioning USD/JPY levels currently in play Via DailyFX - Market News https://www.dailyfx.com

Wednesday, 10 April 2024

US Inflation Jumps, Rate Cut Expectations Pared Back Sharply, Gold Slides

US inflation came in above forecast in March, sending the US dollar sharply higher, as US rate cut expectations are pared back further. Via DailyFX - Market News https://www.dailyfx.com

Navigating Volatile Markets: Strategies and Tools for Traders

Traders are drawn to volatility due to increased trading opportunities. However, volatile markets require skill, experience, and effective risk management. Via DailyFX - Market News https://www.dailyfx.com

Gold Rally Continues, US Inflation Data the Next Obstacle to Clear

The precious metal remains bid and in record high territory, underpinned by ongoing fears in the Middle East. Today’s US inflation data may hamper further progress. Via DailyFX - Market News https://www.dailyfx.com