Gold prices rose on Wednesday after fears of an escalation of the conflict between Russia and Ukraine boosted demand for safe-havens, including the precious metal, but gains were limited by the rise of the dollar. Spot transactions rose 0.2 percent to $ 1969.76 an ounce, after hitting a one-month high …

Japan’s Nikkei index closed higher on Wednesday, posting the biggest increase in more than three weeks after the release of US inflation data that came largely in line with analyst expectations. The Nikkei ended the session up 1.93 percent at 26,843.49 points, the largest increase since March 22 and a …

Oil, Crude, trading

Oil, Crude, trading

As we expected, the Canadian dollar continues to gain more bullish momentum, touching the first official target that must be achieved at 1.2660, recording the highest at 1.2661. Technically, the pair’s success in stabilizing above the 1.2600 resistance-into-support and the 50-day moving average supports the daily bullish price curve. Therefore, …

Oil, Crude, trading

Gold prices jumped during the previous trading session after we stayed on the fence, explaining that we are waiting for a new signal to continue the upside and breach of 1960 increases and accelerate the strength of the bullish trend, targeting 1978 to record gold at its highest level at …

The single European currency slowly moves to the downside within the expected bearish path. It begins by pressing the support level published during the previous analysis, at 1.0830. Technically, there is a possibility of resuming the bearish trend, with the continuation of the negative pressure of the simple moving averages …

The annual rate of US inflation, as per the Consumer Price Index (CPI), came in at 8.5% in March, slightly the median economist forecast for a reading of 8.4% and higher versus February’s YoY rate of 7.9%. The MoM rate of inflation according to the CPI came in at 1.2% …

The US Bureau of Labor Statistics will release the March Consumer Price Index (CPI) data on Tuesday, April 8 at 12:30 GMT and as we get closer to the release time, here are the forecasts by the economists and researchers of 7 major banks regarding the upcoming US inflation print. …