by Eddie Tan | Feb 15, 2024 | Forex Analysis
Gold, Forex, and Stock Responses to US CPI Data Gold’s Market Reaction Post-US CPI Announcement Following the release of the US Consumer Price Index (CPI) data, gold prices fell to their lowest in two months, reflecting the market’s anticipation of a more...
by Eddie Tan | Feb 13, 2024 | Forex Analysis
CURRENCIES: Gold Price Trends: Gold prices experienced a downturn, influenced by the uptick in U.S. Treasury yields and a strengthening U.S. dollar. This trend highlights the inverse relationship between gold prices and U.S. economic indicators. Gold prices decline....
by Eddie Tan | Feb 12, 2024 | Forex Analysis
Insights CURRENCIES: The DXY index experienced an uptick due to rising U.S. Treasury yields, with the market’s attention turning to the forthcoming January inflation report. Expectations set the headline CPI to decelerate to 3.1%, with core CPI anticipated at...
by Eddie Tan | Feb 9, 2024 | Forex Brokers
Saxo Forex Broker Review Saxo Bank, a leading global brokerage firm, has carved a niche in the competitive world of online forex and CFD trading. Established in 1992 in Denmark, Saxo has expanded its services worldwide, offering a broad spectrum of trading and...
by Eddie Tan | Feb 8, 2024 | Forex Analysis
Decoding Economic Signals for February 8, 2024 Gold Price Dynamics and Market Anticipation Currently, gold prices are navigating through a period of anticipation, with the market on the lookout for impactful developments that could steer its short-term trajectory. A...