Gold at Risk for Major Break Next Week- FOMC Policy Outlook in Focus Fundamental Forecast for Gold: Neutral USDOLLAR, Gold Setups Target Key Resistance- Breakouts Pending Gold Oscillates Around 200 Day Average Gold prices are marginally higher this week with the precious metal inching up 0.18% to trade at $1291 ahead of the New York close on Friday. Bullion has held a tight range for some time now ...
Forex Weekly Outlook May 19-23 Rate decision in Japan, inflation data in the UK and Canada, FOMC Meeting Minutes, Unemployment Claims, German Ifo Business Climate and US housing data are the main events on our list. Here is an outlook on the main market-movers for this week. Last week, major US figures came out above expectations; Annual inflation reached 2%, as expected and the monthly CPI edged up to 0.3%. Meanwhile, the annual core inflation beat forecasts ...
Comparing data from two forex brokers shows differences in data feeds can have a significant impact on testing and trading — especially short-term time frames. A common experience for many FX traders is trading a system through different forex brokerages. Because the spot FX market lacks a centralized exchange and is traded “over-the-counter,” forex brokerages can construct their data feeds using any liquidity providers (typically banks) they want. As a result, the exact price ...
US Dollar Rally Will Stall Without a Spark Fundamental Forecast for Dollar: Neutral Though US Treasury yields were in retreat this past week, the move does not likely reflect fading Fed expectations There is limited impetus from the docket for a big ‘risk’ breakout this week, but a surge in sentiment doesn’t require data The US Dollar managed to turn a close call test of 14-month lows into an impressive rebound ...
Alibaba IPO: Things You Should Know Alibaba Group Holding Ltd. is a Chinese holding company that recently announced its plans to offer an IPO. This could be the world's largest initial public offering, as analysts estimate that Alibaba could be valued at $150 billion to $250 billion. The lower end of the range would show that the company is as valuable as Facebook while the higher end of the range has a valuation close to that of Walmart. The company is currently the ...
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