Most Read: Gold Price Outlook: Fed May Shake Up Markets. Pullback or Rally in Store?The Bank of Japan is set to wrap up its March monetary policy meeting on Tuesday (Japan time, still Monday in NY). After recent media leaks, the institution led by Governor Kazuo Ueda is widely expected to end negative borrowing costs
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Most Read: Gold Price Forecast: Fed in Spotlight – Bullish Explosion or Crash Ahead?Gold prices advanced on Monday, but gains were limited in a context of market caution ahead of high-impact events in the coming sessions, including the FOMC announcement on Wednesday. In this context, XAU/USD climbed approximately 0.2% in early afternoon trading in New
Pound Sterling AnalysisSterling in focus ahead of lower anticipated UK inflation – BoE up NextGBP/USD falls back into prior trading range as USD maintains bidEUR/GBP consolidates further – Approaching channel supportGBP/JPY eyes a return to the recent high if the BoJ bides its timeThe analysis in this article makes use of chart patterns and key
Euro (EUR/USD) Price and AnalysisEUR/USD holds above 1.08 in a week packed with central bank policy decisions.The near-term uptrend is under pressure, but the longer-term one looks safe enough.June could now be the month in which both the Fed and ECB loosen creditLearn How to Trade EUR/USD with our Complimentary Trading Guide The Euro edged
Japanese Yen Prices, Charts, and AnalysisCurrent market pricing shows a 44% chance of a 10 basis point rate hike tomorrow.Recent wage negotiations may well give the BoJ confidence to move. Tuesday’s BoJ policy meeting may see the Japanese Bank Rate lifted out of negative territory for the first time in over eight years after Japan’s
Markets Week Ahead: Nasdaq Slips, Gold Steadies, Central Banks on Tap The economic data and central bank calendars are packed full next week with a range of potentially market-moving releases. Five central banks will announce their latest monetary policy decisions, with the Bank of Japan the most interesting. Markets currently see a 40% chance that
GOLD PRICE OUTLOOKGold prices retreated this week but are still up more than 5% in MarchThe Fed’s monetary policy announcement will take center stage in the coming weekThis article examines XAU/USD’s technical outlook and key price levelsMost Read: EUR/USD Levels Off at Support Ahead of Key Fed Decision – Outlook & AnalysisGold prices (XAU/USD) retreated