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Friday 14 January 2022
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Category: Latest News

Gold Price Analysis: XAU/USD needs acceptance above $1870 to unleash further upside – Confluence Detector

Gold (XAU/USD) is poised to extend Monday’s advance, as markets cheer the renewed hopes of a likely US fiscal stimulus deal that has...

Pound Sterling Price News and Forecast: GBP/USD under pressure but above the 1.3640/50 support area

GBP/USD holds lower ground near 1.3660-55 during the initial Asian trading session on Tuesday. In doing so, the cable fails to cheer upbeat...

Japan’s Aso: Fiscal spending could increase if coronavirus state of emergency is extended

Japanese Finance Minister Taro Aso was on the wires in the last minutes, citing that the government could consider increasing the fiscal...

JPY Weekly Forecast – Eyes on Countercurrency Flows

Not a lot going on in Japan’s data calendar this week, which means that the yen will likely take its cues from countercurrency news and...

AUD Weekly Forecast – Brace For The RBA And A Data Parade!

What are traders expecting from the RBA this week? More importantly, how can the event affect the Aussie’s overall trends?

NZD Weekly Forecast – Can The Jobs Report Extend Kiwi’s Rally?

It’s a busy week for Kiwi traders as they will price in major data releases from New Zealand and its major trading counterparts.

UBS: Crypto Has Fundamental Flaw, Bitcoin’s Fixed Supply Could Cause Its Value to Collapse

A chief economist at UBS, the largest bank in Switzerland, says cryptocurrency has a fundamental flaw. Bitcoin’s fixed supply could...

US Lawmaker Likes Bitcoin — Urges Policymakers to Embrace Innovation in Regulation

U.S. Representative Patrick McHenry is pro-bitcoin. He is now hosting the Bitcoin whitepaper on his official congressional website and has...

Goldman and Interactive Brokers Execs Claim Wallstreetbets Trend Could ‘Take Down the System’

The heavy hitters in traditional finance have been concerned about the recent stock market action fueled by Redditors and a colossal number...

European Equities: Economic Data and COVID-19 in Focus

It’s a busy day ahead on the economic calendar. Manufacturing PMI and German retail sales figures will be in focus. Expect COVID-19 news...