Crude Oil Prices Slip Again As US Inventories Increase, OPEC Meet Eyed
Markets appears content to take profits as Q1 comes to a close and OPEC sources do not expect any changes to output levels in the second quarter
FX Intervention Threat Steps up a Notch after USD/JPY Hits a Crucial Level
Japanese finance minister, Shunichi Suzuki escalated the language used to address recent, unfavourable moves in the yen. The same rhetoric was before prior FX intervention
US Dollar in Holding Pattern; Key Tech Setups on EUR/USD, USD/JPY, GBP/USD
The article explores the near-term outlook for the U.S. dollar, focusing on three of the most popular and liquid FX pairs: EUR/USD, USD/JPY and GBP/USD.
Gold, Silver Price Update: XAU/USD Rises on a Softer Dollar, Silver Withers
Gold appears upbeat at the start of the week, although, the current move higher is already showing signs of slowing. Silver continues to trade lower, testing a well-known level
Euro Gains Again Despite More Dovish ECB Commentary
The Euro has bounced despite a clear rethink of the once-broadly-held idea that the US will see earlier, deeper rate cuts than the Eurozone
Pound Sterling Latest: GBP/USD Attempts Come Back Post-FOMC Sell-off
Cable attempts to claw back losses that ensued after the Fed meeting. Catherine Mann, a more hawkish member of the MPC, detailed why she no longer voted to hike
Bitcoin (BTC) Eyes New All-Time High, Ethereum (ETH) Trails, Coinbase (COIN) Rallies
Bitcoin is back above $70k after rallying sharply over the last three sessions. A fresh attempt at a new ATH is likely ahead of April’s halving event.
Gold Price Steadies After Sharp Sell-Off, New All Time High Remains Possible
The price of gold has pushed higher today after last Thursday’s sharp sell-off. Sentiment remains positive and a new ATH is not too far away.
British Pound Inches Back Up As Markets Increasingly Bet On June Fed Cuts
GBP/USD has been mostly about the Dollar on Monday, although some modest good news out of the UK is likely still helping.
Yen Update: USD/JPY Dips after BoJ Minutes, Concern over Volatile Moves
The minutes from Tuesday’s BoJ meeting confirmed that the inflation target has not been achieved and that hikes will be measured. FX official unimpressed by volatile yen