BofA: EUR/USD to decline near-term but will rally to 1.10 by year-end – ForexLive
Bofa maintains a There is a prospect of short-term weakness, but a prospect of medium-term recovery. They are Don't expect equalitybut the pair may float lower Before gathering at 1.10 by the end of the year– The above consensus. and EUR/USD already with forecasts of mid-1.05 from the scheduletheir broader view remains unharmed: USD intensity […]
Near-Term Inflation Expectations Surge on Democrat Tariff Fears, Consumer Sentiment Drops
Measures of consumer expectations for inflation for the next 12 months increased in early February, indicating that American households believe inflation will be much higher next year. Consumers expect prices to rise 4.3%, a significant increase from 3.3% in January. This is the highest expected inflation since November 2023, and it is only the fifth […]
Gold prices lack fresh triggers; what should be your near-term strategy for yellow metal? | Stock Market News – Mint
Against a backdrop of uncertainty over the US election and the Fed's expected interest rate cuts, gold prices are looking to take profits amid a lack of new catalysts. Domestic spot gold prices fell nearly 3% in the week ending Friday, November 8th. MCX Gold hits record high INR79,775 per 10 grams on October 30. […]
Goldman Sachs: Caution on near-term EUR/USD downside despite weak momentum – TradingView
daily euro dollar Goldman Sachs emphasizes the need to be cautious about the short-term decline in the EUR/USD pair. Although momentum is weak, the European Central Bank is unlikely to shift to a more aggressive policy stance, which could support the euro in the short term. Important points: Limited ECB guidance: Despite an expected 25 […]
Top US general: Near-term Middle East war risk has eased
The Pentagon's most senior uniformed official believes the threat of a larger war in the Middle East has diminished after an exchange of blows between Israel and Lebanon's Hezbollah earlier this week and the lack of further attacks. But Chairman of the Joint Chiefs of Staff Gen. C. Q. Brown said on Monday that even […]
Bitcoin Traders Divided on Near-Term Price Rise After Jackson Hole – Decrypt
Bitcoin traders had mixed reactions in derivatives markets after the Jackson Hole Economic Symposium on Friday, balancing optimism about future gains with caution about the pace of the potential upside. The market has seen an increase in call spread buying, a sign that traders are betting on further price increases, QCP Capital said in its […]