Euro Outlook Ahead of the ECB Rate Decision – EUR/USD, EUR/CHF Setups
Euro in focus ahead of the highly likely ECB rate cut. Euro positioning has improved in recent weeks and softer US data could improve the outlook for the single currency
US Dollar Index Slips As US Manufacturing Contracts Again, Gold Nudges Higher
The latest ISM Report missed forecasts, and last month’s reading, as manufacturing activity in the US contracted for the 18th time in the last 19 months.
Markets Week Ahead: ECB Rate Decision, US NFPs – USD, Gold, Euro, Nasdaq
The ECB is fully expected to start cutting interest rates on Thursday while the monthly US NFPs follow the next day.
Gold Price Forecast: Bears Take Out Key Support, Next Leg Lower May Be Underway
This article solely discusses gold’s near-term technical outlook, analyzing market sentiment and price action dynamics. Potential scenarios that could play out over the coming days are also scrutinized.
US Dollar Weakens After Monthly Inflation Cools, Gold Gains Momentum
US dollar eases, and gold attracts a bid as monthly Core PCE Inflation misses expectations.
Gold Price Forecast: Bearish Continuation in Play with Key Support Under Threat
This article investigates a bearish trade idea for gold, identifying an important technical support zone that, if broken, could herald a more substantial downward correction.
