September 7 2022 🕓 3 min
CAD strengthens following a 75 bps rate hike
This afternoon, the Bank of Canada raised interest rates by 75 basis points to 3.25%, which was in line with the market's expectations.
Tag: fed
September 2 2022 🕓 2 min
Gold looked under $1700 level
Determination in the fight against inflation confirms the hawkishness of the monetary policy. Gold reacted negatively and tested a level of $1700.
September 2 2022 🕓 3 min
USD/JPY trades at 24-year highs
Today's US labor market data will surely cause some large volatility.
August 30 2022 🕓 3 min
S&P 500 defends 4,000 USD, sentiment improves
A short-term corrective rally could occur in the markets, but the fundamental situation favors selling any rallies in stocks.
August 29 2022 🕓 4 min
Jackson Hole statement determined the next move in markets
Jerome Powell delivered an important speech at the Jackson Hole Symposium, which should clearly determined the economy's future.
August 29 2022 🕓 3 min
EUR/USD remains below parity after Jackson Hole Symposium
The Fed's Powell reiterated that the Fed would continue to raise borrowing costs & that the central bank has no intention of switching to a more dovish policy.
August 25 2022 🕓 3 min
SP500 jumps ahead of Powell’s speech
This week will provide investors with more insight into the Federal Reserve's plans for interest rate hikes, with Chairman Powell's speech at the Jackson Hole.
August 23 2022 🕓 3 min
USDJPY jumps to cycle highs
The USD has been trending higher recently as the Fed's next steps are being judged by investors.
August 22 2022 🕓 3 min
EUR/USD trades at parity again
This week will be dominated by the Federal Reserve's meeting in Jackson Hole on Friday while EUR/USD got below parity again.
August 19 2022 🕓 3 min
Swiss gold export soars to 202 tonnes in July
The price of gold is under 1800$ and demand is rising. China's import of Swiss gold was up by 147% in July. Fed remains a big question.
August 18 2022 🕓 3 min
AUD/USD ticks higher after labor data
This morning, the Australian dollar traded higher after data showed that the Australian labor market deteriorated.
August 12 2022 🕓 3 min
Is U.S. inflation going to change the trend of Gold?
The U.S. inflation data surprised markets with lower numbers. With this optimism, gold tries to break above resistance.