Mes: julio 2021

Chinese Yuan (CNH) Sees Muted Reaction Following PBoC Rate Cut

As widely touted, the PboC announces a 50bps rate cut. USD/CNH tests 6.5000.

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Gold Price (XAU/USD) Struggling to Break Meaningfully Higher

Gold’s recent move higher is coming under pressure and the near-term outlook may turn negative if short-term trend support fails.

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British Pound Down on Soft UK GDP Data. Is GBP/USD Topping?

The British Pound fell as May’s UK GDP report fell short of expectations, reinforcing a recent dovish shift in Bank of England policy bets. GBP/USD may be forming a major top.

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Iron Ore to Rise Further as US Infrastructure Deal Aids Recovery Outlook: Q3 Top Trading Opportunities

Iron ore prices look primed to rise further in Q3 as a developing US infrastructure plan underpins an already bright outlook amid a global recovery.

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