admin – Page 681

GBPUSD Technical Analysis – Is this a correction or a reversal?

October 24, 2023

US: The Fed left interest rates unchanged as expected at the last meeting. The macroeconomic projections were revised higher, and the Dot Plot showed that …

Market Outlook - European Market

Gold Price Steadies After Treasury Yields Collapse, Sinking USD. Where to for XAU/USD?

October 24, 2023

The gold price stemmed the slide going into Tuesday after a volatile session overnight with the US Dollar undermined by investors tilting their view for …

Central Banks

Bank of America expect FOMC hold in November & a ‘close call’ December interest rate hike

October 24, 2023

Bank of America analysts are not entirely convinced of a December rate hike but say there will be no move in November. on hold at …

Central Banks

PBOC sets USD/ CNY central rate at 7.1786 (vs. estimate at 7.2992)

October 24, 2023

The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to …

Central Banks

Bank of Japan announces an unscheduled JGB buying operation

October 24, 2023

Bank of Japan buying JPY300bn in 5 to 10 years JGBs and 100 bn JPY in 10-25 year Part of the Bank trying to control …

Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.2992 – Reuters estimate

October 24, 2023

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting …