Crypto Has Positively Shaken Off Its Fears

Although today is a public holiday in the US (Martin Luther King Jr. Day), financial markets are unlikely to remain calm, as traders and investors will be closely watching the inaugural speech of Donald Trump, the 47th President-elect, scheduled for 20:00 GMT+3. Trump’s speech could impact gold prices in USD, particularly if it addresses: → […]

Key Highlights Gold failed to clear the $2,725 resistance and corrected gains. A connecting bullish trend line is forming with support at $2,630 on the 4-hour chart. Oil prices are struggling to clear the $71.50 resistance. EUR/USD could decline if it breaks the 1.0450 support level. Gold Price Technical Analysis Gold prices remained well-bid near […]

The ECB meeting next week is expected to be largely a stock taking meeting and not a place to send new policy signals. The meeting by meeting and data dependent approach is clear and Lagarde has highlighted that the profit, wages and productivity data will be key, albeit those data points will only come from […]