Crude Oil Prices Continue to Fall, USD/JPY Tumbles

Gold price rose further in early Tuesday following more dovish tones from Fed Powell in his speech on Monday, which contributes to growing expectations that the Fed may soon decide to start cutting interest rates. Powell pointed to the recent inflation data which boost optimism that inflation remains on track towards 2% target, fueling hopes […]

September is often seen as a cautious or “risk-off” month for traders, influenced by factors like economic uncertainty, updates from China, and concerns about the rate cuts in the US. This generally means that traders might prefer safer investments, although this can vary depending on the asset. Here are two of my favorite trade ideas […]

Gold rallied for the fourth consecutive session to reach $2023, recovering almost all the losses suffered the week before on the back of the inflation report. Gold’s ability to rally suggests continued domestic demand, as some investors are clearly rushing to buy back any losses. At the same time, however, we note that since the […]