FOMC Begins to Raise Rates to Get Inflation into Check - March 19, 2022 11:27

The Federal Open Market Committee raised the federal funds rate by 0.25 at the conclusion of Wednesday’s two-day policy meeting. This brings the target range from 0.25 to 0.50 percent. This is the latest step in the recovery of the US economy from the pandemic, and it’s the most significant to date to fight the […]

Have You Been Watching Gold? - February 4, 2016 2:47

Whilst the whole world watches the Oil saga playing out, there’s a little bit of action happening with Gold prices that many are missing out on. Gold has risen from its 5 years low in late 2015 to test the underside of the support low from this time last year. Whilst that is no significant […]

UK Inflation Hits 2% – The First Time In 4 Years - January 15, 2014 10:38

The Pound made its biggest gain in two weeks against the US Dollar in yesterday’s session after a report showed that inflation in the UK fell to match the Bank of England’s target of 2%. -the first time it has done so in four years. Today, Sterling has softened as investors wait for Bank of […]

The Euro and Cattle Futures Follow Through – Signalling Inflation Incoming - December 27, 2012 1:27

Last week’s close in both the EURUSD pair, $1.319, and Cattle Futures, $133.64 per hundredweight, marked breakouts for both markets.  The Euro broke through a quadruple top at $1.317 on the weekly chart pushing past $1.32 last week but couldn’t hold it.  During this, the last week of the year, the EURUSD pair pushed again […]

Forex Outlook for the Week Ending October 12th, 2012 - October 9, 2012 23:49

Significant economic events which could substantially affect the trading of currencies and forex markets for the week ending October 12th, 2012 are as under: On Monday, October 8th, 2012, Germany reported its official figures on trade balance, imports, exports and current account along with data on industrial production. In euro zone, data on Sentix investor […]

Gold Gains on Weak Inflation data - June 16, 2012 0:00

Gold futures jumped on Thursday extending its rally for the fifth consecutive session. Weak inflation data and expectations of another round of quantitative easing by US Federal Reserve boosted the safe haven status of the precious metal. Gold futures contract for August delivery gained $0.20 to settle at $1,619.60 per ounce on the Comex division […]

Forex Markets Outlook for the Week Ending June 8th, 2012 - June 6, 2012 0:51

Major economic factors which could impact the forex markets and currency trading for the week ending June 8th, 2012, are as follows: On Monday, June 4th, data on Sentix investor confidence and producer price index was released in the euro zone. In United States, data on factory orders was published while Institute of Supply Management […]

Forex Trading Outlook for the Week Ending May 4th - May 1, 2012 23:52

Major economic events around the globe to affect the trading of the currencies for the week ending May 4th, 2012 are as under: On Monday, Germany reported its data on retail sales while Italy released its data on consumer price index. Spain published its official figure on gross domestic product while the euro zone region […]

Forex Markets-Weekly Outlook - April 17, 2012 23:53

Major economic events which can affect the forex trading and markets significantly for the week ending Friday, April 20th, 2012 are as follows: On Monday, April 16th, in euro zone, data on Italian trade balance and government debt was released while the single currency region published its separate figures on trade balance. In United States, […]