Fed, BoJ fire up markets

BOJ’s expanded programmed boosts the Nikkei; Fed’s corporate bond buying lifts sentiment; Credit rally spurs a wave of new bond offerings (ATF) buyers stormed again into danger markets after valuable banks around the sector reiterated their guide to reeling economies with buybacks, mortgage programmed and other forms of assistance. Financial institution of Japan governor Haruhiko […]

When are the UK CPIs and how could they affect GBP/USD?

The Cost of living inside the UK as represented via the Consumer price index (CPI) for May additionally month is due early on Wednesday at 06:00 GMT. The inflation numbers can be the key for GBP/USD pair as traders search for symptoms of recuperation into the fee pressure following the easing of lockdown regulations. Additionally […]

Is the party over for gold and silver?

For now, the answer is no, but it appears that the midnight hour could be fast approaching.  Platinum has already reversed; gold and silver have looked awful for a couple of weeks but have managed to stay long through our proprietary algorithm.  Gold Pivot Points: S1: 1727.59 S2: 1717.57 S3: 1712.34 Gold clearly looks like it has made another lower high […]