Silver under bullish pressure Likely to rise to resistance level 36.00 Silver is under bullish pressure after the earlier breakout of the resistance level 32.40 (which has been steadily reversing the price from the middle of May) intersecting with the resistance trendline of the daily up channel from the start of August. The breakout of […]
Jun 21, 2024
Week Ahead – US PCE Inflation the Highlight of a Relatively Light Agenda
Core PCE inflation to test bets of two Fed rate cuts in 2024 Yen awaits BoJ Summary of Opinions, Tokyo CPI Canadian CPI data also enters the spotlight Will PCE data confirm Fed rate cut bets? Although the Fed’s updated dot plot pointed to only one quarter-point reduction by the end of the year, the […]
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