All posts by sozux
February 19, 2024
The USD/JPY Uptrend Remains Unaltered Amid Favorable Conditions
Last week, the U.S. Department of Labor reported the largest producer price increase in five months for January, whereas consumer prices, reported
February 19, 2024
Middle East Tensions Fuel Oil Prices; Short-Term Technical Trends Hold Steady
Oil prices fluctuate within a narrow range, impacted by the International Energy Agency’s (IEA) forecast of a global demand slump. Unexpectedly weak
February 16, 2024
Citi Forecasts 5% Dollar Increase with Trump Election Sweep
Potential Financial Market ImpactCiti’s analysts foresee a significant dollar rise, projecting a 5% increase, should Trump lead the Republicans to a U.S.
February 16, 2024
US Retail Sales Impact on Oil Prices – Oil Surges as Dollar Weakens
Introduction to Oil Market DynamicsIn a recent Asian trading session on Friday (February 16th), US crude oil fluctuated narrowly, trading around $78.17
February 16, 2024
US Retail Sales Plummet Sharply, Gold Recaptures $2,000 Mark
Amidst a narrow trading range in the Asian session this Friday (February 16), spot gold hovers around $2,003.87 an ounce. Gold surged
February 16, 2024
Japan’s Recession Hits Hard, USD/JPY Remains Bullish
Japan’s economy saw a 0.4% annual decline in the final quarter of last year, marking another downturn after a 3.3% drop in
February 15, 2024
Japan’s Economy Faces New Challenges as It Slips to Fourth Place
Japan’s Cabinet Office dropped a bombshell last Thursday, revealing a GDP contraction at an annual rate of 0.4% in Q3 2023, following
February 15, 2024
Gold’s Fragile Recovery: Will US Retail Sales Deliver a Positive Turnaround?
As the European market opened on Thursday (February 15), gold experienced a short-term recovery, climbing more than $3 from the $1993 level.
February 15, 2024
Gold Stays Flat Following Sharp Decline, Eyes on Economic Data Starting Today
Gold prices continue to move sideways after a significant sell-off, due to expectations that the Federal Reserve will maintain current interest rates
February 15, 2024
US Crude Oil Prices Dip Amid Inventory Surges and Moving Averages
US crude oil prices continued their downward trend in the Asian trading session on Thursday (February 15). WTI crude dropped by over
