Cable (GBP/USD) is under pressure again, and nearing a break below 1.1900, as US Treasury yields soar to multi-month highs, boosting an already robust US dollar.
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AUD/USD Price Forecast: Hawkish RBA Unable to Arrest Slide, 200-Day MA in Focus
AUDUSD printed a fresh 6-week low and is on course for its third successive day of losses. Can the 200-day MA provide support?
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What Past Global Recessions Can Teach Us About the Next One
The second global economic downturn in a decade could be the dark legacy of 2023. What can we learn about what’s to come from past recessions?
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Gold Prices Remain Vulnerable Amid Hawkish Fedspeak and Further Hike Odds
Gold prices extended losses during Friday’s Asia-Pacific trading session. Hawkish Fedspeak further pushed up bond yields, denting XAU/USD as it broke key technical levels.
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US Dollar Bumped Higher by Hawkish Fed and Blistering PPI. Higher USD?
The US Dollar regained the ascendency after Federal Reserve speakers Mester and Bullard cited potential 50 basis points hikes in the pipeline. Will the DXY index keep going north?
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