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EUR/USD: Continuation of the Rate War The labour market and inflation: these are the factors that Central Banks closely monitor when making decisions regarding monetary policy and interest rates. It is sufficient to recall the significant shift that occurred after the publication of October’s inflation data in the United States. In November, the dollar weakened […]

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19/06/2024

Inflation in UK Hit BoE 2% Inflation Goal

Nvidia finally stole the title of the world’s most valuable company from Microsoft and Apple yesterday following a beautiful 3.5% rally that propelled the share price past $135 a share. The catalyst was just a bullish call from an analyst at Rosenblatt Securities who revised his PT up to $200 from $140 and said that […]
24/04/2024

Gold Price Corrects Gains While Oil Price Regains Strength

Gold price rallied above $2,400 before correcting lower. Crude oil price is rising and it could climb further higher toward the $85.50 resistance. Important Takeaways for Gold and Oil Prices Analysis Today Gold price rallied significantly above $2,400 and recently corrected lower against the US Dollar. It cleared a key bearish trend line with resistance […]
08/08/2024

It Will Take More for RBA to Move: First Rate Cut Later, a Faster Decline a Risk

We have revised our view to an expectation that the RBA will first start cutting rates at the February 2025 meeting, and end at 3.35%. There are risks on both sides of this forecast. As we noted yesterday, the RBA Governor all but ruled out cutting rates this year. This runs counter to our earlier […]