Gold (XAU/USD) Price Outlook: China Sends Mixed Signals Keeping Gold Prices Steady

WTI oil futures step on 84.69 once again, hold near recent highs Technical indicators show some weakness, but trend signals are positive WTI oil futures kept their footing on the 61.8% Fibonacci retracement of the September-December downtrend at 84.69 on Wednesday and closed the day with mild gains at 86.24 after news that Iran may […]

In focus today This morning at 8:00 CET we get inflation data for December from the UK, where consensus expects both headline and core inflation to ease further on a yearly basis. Key will be how service inflation develops as this remains an important input for the Bank of England to determine underlying inflation pressures. […]

GBPUSD rebounds from a 1-month low But the price trades flat in past couple of sessions Momentum indicators improve but remain neutral GBPUSD came under some selling pressure following its recent three-month peak of 1.2859, breaking below the short-term ascending trendline that connects its higher lows since April. Moreover, the pair fell to a fresh one-month low last week, but the 50-day […]