Bank of Japan Ends the Era of Negative Interest Rates

Key Highlights Gold rallied above the $2,080 and $2,100 resistance levels. A connecting bullish trend line is forming with support at $2,045 on the 4-hour chart. Bitcoin extended gains above the $68,800 resistance. Ethereum bulls seem to be aiming for a move toward $4,000. Gold Price Technical Analysis Gold prices started a fresh increase from […]

Markets The Bank of England was one of the three central bank highlights today. The Norges Bank and the Swiss National Bank outcomes are in the section down below. Threadneedle Street kept the policy rate unchanged at 5.25% in a 7-2 vote with two members voting for a cut (Dhingra and Ramsden). The policy statement […]

The New Year unsurprisingly kicked off with a hangover for both stock and bond markets, as investors began the year by closing their positions and taking profit following an impressive two-month rally that was boosted by the expectation that the Federal Reserve (Fed) would soon start cutting the interest rates and cut them thoroughly throughout […]