Gold Price Recovery Stalls Ahead of Fed Economic Symposium
The price of gold may consolidate ahead of the Fed symposium as the recent recovery in bullion appears to have stalled ahead of the monthly high ($1832).
US Dollar Pairs Trading in Ranges With Markets in Wait and See Mode
G10 FX range trading as markets adopt wait and see approach
Nasdaq Hits Another High, GME and AMC Soar - Are They Telling Us Something?
The tech-heavy Nasdaq continues to print new highs, while meme stock favorites GME and AMC rally by 20%+, all ahead of the Jackson Hole Symposium.
German IFO Data Confirms Weaker Momentum, EUR/USD Struggling to Break Out
EUR/USD hovers above 1.1750 as bullish momentum stalls
British Pound (GBP) Price Outlook: GBP/USD at Risk From Truck Driver Shortage
News reports that a shortage of lorry drivers in the UK is hitting supplies to restaurants and supermarkets could lower the chances of a tightening of monetary policy by the Bank of England.
US Dollar Finds a Floor, Asia Markets Stall Despite Record Wall Street High. The Quiet Before Storm?
The US Dollar regained some ground in Asia today, but overall markets remained unimpressed with yet another record high from Wall Street.
Crude Oil Forecast: EIA Report in Focus as Prices Tackle Confluent Resistance
Crude and Brent oil prices rose alongside broader markets as sentiment rebounded. Traders are focusing on the upcoming EIA inventory report after Australia and New Zealand saw Covid cases rise.
IBEX 35, Euro Stoxx 50 Outlook Remains Constructive, Jackson Hole Symposium Eyed
European stocks look to rebound from their worst week since February, with market participants remaining cautious ahead of Friday's Fed Jackson Hole Economic Policy Symposium.
NZD/USD Gains as US Dollar Sinks Despite Falling RBNZ Rate Hike Bets
The New Zealand Dollar is gaining against the US Dollar for a second session as markets shift further into a risk-taking mood. The PBOC's recent pledge to support credit growth is helping underpin ...
Gold Price Outlook: XAU/USD Mired by Fed Symposium Risk
Gold price action has rebounded nicely from its flash crash earlier this month. XAU/USD now seeks clarity from the Fed at this week's annual Jackson Hole Symposium before making its next move.