Analysis

Precious Metals, Oil, and Gold in 2024

Precious Metals, Oil, and Gold in 2024

The landscape for precious metals has witnessed significant shifts since the beginning of the year. Platinum and palladium, traditionally integral components in catalytic converters for combustion engines, find themselves facing adversity due to the escalating trend toward electric cars.
ACY Securities | 523 days ago
Focus Turns to Fed Update Post US Treasury Funding Announcement

Focus Turns to Fed Update Post US Treasury Funding Announcement

The American dollar has steadied during the Asian trading session after a brief drop in response to the US Treasury's announcement outlining its borrowing needs for the current quarter. The US Treasury now projects a need for USD 760 billion in net borrowing for January through March, a decrease from their earlier estimate of USD 816 billion in October.
ACY Securities | 523 days ago
Yen Stimulates by Hawkish BoJ meeting minutes

Yen Stimulates by Hawkish BoJ meeting minutes

The Japanese Yen gained strength following the release of the Bank of Japan (BoJ) meeting minutes, where discussions about the potential end of the negative rate policy were noted. Some board members suggested that current conditions present a "golden" opportunity for the Japanese central bank to shift its monetary policy.
PU Prime | 523 days ago
Yen Stimulates by Hawkish BoJ meeting minutes

Yen Stimulates by Hawkish BoJ meeting minutes

The Japanese Yen gained strength following the release of the Bank of Japan (BoJ) meeting minutes, where discussions about the potential end of the negative rate policy were noted. Some board members suggested that current conditions present a "golden" opportunity for the Japanese central bank to shift its monetary policy.
PU Prime | 523 days ago
The Looming USDJPY Currency Crisis Unfolding Threats in the Making

The Looming USDJPY Currency Crisis Unfolding Threats in the Making

In the unfolding narrative of 2024, the focal point is undeniably fixed on Japanese corporations, with a particular emphasis on the accessibility of funds to bolster wage increments. The paradigm-shifting meeting held by YYC in July 2023 marked a noteworthy juncture, where the adoption of a more flexible approach to Yield Curves (YC) reverberated across the financial spectrum.
ACY Securities | 524 days ago
Daily Global Market Update

Daily Global Market Update

Gold rose 0.5% with a positive RSI. Euro-Dollar moved sideways, Ultimate Oscillator negative. Pound-Dollar remained stable, MACD negative. Bitcoin surged 2.7%, positive Ultimate Oscillator. US stocks gained, NASDAQ led. PC Shield reported a $2.61 billion loss in 2023. Amazon-iRobot merger halted.
Moneta Markets | 524 days ago
USD in Limbo as Market Anticipates Fed's Decision

USD in Limbo as Market Anticipates Fed's Decision

The EUR/USD currency pair is experiencing minimal fluctuations as it consolidates around 1.0840 this Monday. The focus of market players is squarely on the upcoming meeting of the US Federal Reserve System, which is poised to be the week's pivotal event.
RoboForex | 525 days ago
Dollar Index Dips; Key US PCE Inflation Slows

Dollar Index Dips; Key US PCE Inflation Slows

The Dollar Index, a popular gauge of the Greenback’s value against a basket of 6 major currencies edged lower to 103.40 (103.50) after Core US PCE Inflation slowed more than expected in Q4. Personal Core Expenditure Prices in Q4 eased to 1.7% from 2.6%.
ACY Securities | 525 days ago