[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell delivers a speech at the central bank’s annual economic symposium in Jackson Hole, Wyoming, on Friday at 10.a.m. ET.
XAUUSD(GOLD) has finally broken the $1,700 resistance reaching the highest level since 2012. The strong rally continues since last week, while central banks are increasingly fighting the possibility of recession triggered by the global pandemic with stimulus packages and increasing money supply. The interest rates around the world are already at rock bottom, and people…
In the ever-volatile world of foreign exchange trading, last week saw the Euro facing a challenging time, only to stage a late rebound against the US Dollar. Looking ahead, traders are bracing themselves for a potential climb in the Euro, with expectations of it remaining above the 1.0920-50 level. Let’s dive into the recent market dynamics, shedding light on the factors influencing the EUR/USD pair and the implications of upcoming economic data.
Elon Musk has announced that he will be tweeting about some “big news” in the next hour. This news is sure to generate a lot of buzz and speculation. Not about TSLA or Twitter or DOGE. This is in reference to TMUS / SpaceX partnership.
USDCHF has been teetering on the 100 hour MA for the past few trading days, with three unsuccessful attempts in the last week. However, today’s breakout seems more promising as the 100 hour MA has lowered to 0.95415. So far, the high price has only reached 0.9559. If the USDCHF falls below the 100 hour…
Gold price has been on a tear lately, and many investors are wondering if the Federal Reserve is behind the move. While the Fed doesn’t officially set the gold price, it does have a lot of influence over it. Here’s what you need to know about the Fed and gold. Gold prices have been on…