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Markets So far it’s a slow burn, rather than a big bang when it comes to the feared inflationary impact from US President Trump’s trade policy. Monthly headline and core US CPI inflation printed bang in line with expectations at respectively +0.2% M/M and +0.3% M/M. Annual reading showed a stabilization on the overall level […]

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UK Employment Cools, Pound Edges Higher, US CPI Expected to Tick Higher

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18/03/2025

Gold Eyes Fresh Highs—Further Rally May Be Imminent

Key Highlights Gold started a fresh surge and traded to a new record high above $3,000. It broke a major bearish trend line with resistance at $2,920 on the 4-hour chart. Bitcoin is still struggling to clear the $85,000 resistance zone. EUR/USD is eyeing more gains above the 1.0950 resistance zone. Gold Price Technical Analysis […]
20/12/2023

Could EURGBP Bulls Keep the Rebound Alive?

EURGBP edges higher after weaker UK CPI Path higher filled with strong resistance points Momentum indicators are mostly bullish EURGBP is trading higher today after the downside surprise registered by the UK inflation report. The 0.8635 level was easily surpassed with the EURGBP bulls now preparing to test the resistance set by the 0.8657-0.8720 area. […]
15/04/2024

USDJPY Rallies to Another Fresh 34-Year High

USDJPY surpasses 154.00 Round numbers to be watched Stochastics indicate overstretched market USDJPY is surging to another multi-year high above the 154.00 round number, adding 0.8% so far today. The technical oscillators are holding in overbought regions. The RSI is suggesting that more gains may be on cards; however, the stochastic oscillator is indicating an […]