European Central Bank Gravitating Toward A Mid-Year Rate Cut

The year-over-year rate of CPI growth slowed less than expected in January – to 3.1% from 3.4% year-over-year with core (ex-food and energy) price growth unexpectedly holding steady at 3.9%. Energy and food price growth both slowed largely as expected – to -4.6% for energy prices and +2.6% (from 2.7% in December) for food prices […]

Gold price is correcting gains below the $2,050 support. Crude oil prices declined steadily below the $75.90 support and moved into a bearish zone. Important Takeaways for Gold and Oil Prices Analysis Today Gold price rallied to new highs above $2,120 before it corrected lower against the US Dollar. A key bearish trend line is […]

AUDUSD loses its gains above 0.6640 and falls into previous range area Short-term risk skewed to the downside; next support near 0.6570 US durable goods orders and more Fed speakers on the calendar Despite the exciting bull run to a four-month high of 0.6712 last week, AUDUSD could not sustain its gains above the 0.6640 threshold, […]