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Author: CSFXadmin

Gold Prices Fall on Stronger US Dollar and Bearish Market Signals

June 4, 2024

Gold prices decline as the US Dollar rebounds, aligning with bearish technical indicators FUNDAMENTAL OVERVIEW: On Tuesday, Gold (XAU/USD) is trading down by over three-quarters...

Swiss Franc Strengthens, USD/CHF Falls to 0.9000 Pre-CPI Report

June 3, 2024

USD/CHF drops to 0.9000 as Swiss Franc gains strength before Swiss inflation data release FUNDAMENTAL OVERVIEW: The USD/CHF pair continues its losing streak for the...

Oil Prices Decline Amid Extended OPEC+ Supply Cuts Until 2025

June 3, 2024

Oil edges lower as investors evaluate the impact of extended OPEC+ supply cuts. At the beginning of the US trading session this Monday, oil prices...

NZD/USD Technical Analysis: Key Levels and PCE Data Focus

May 31, 2024

NZD/USD rises above 0.6100, with a focus on US Core PCE data FUNDAMENTAL OVERVIEW: After three days of losses, the New Zealand Dollar (NZD) found...

Eurozone Inflation Exceeds May Expectations, Impact on ECB

May 31, 2024

Eurozone inflation exceeds expectations in May. In May, the Eurozone’s annual headline inflation rate increased more than expected, despite a slowdown in the monthly rate....

US Dollar Retreats from Weekly High Amid Softer US GDP Numbers

May 30, 2024

US Dollar retreats from weekly high following softer-than-expected US GDP numbers. The US Dollar (USD) eased further on Thursday following the release of US Gross...

USD/CAD Finds Support at 1.3600 as Focus Shifts to US Core PCE Inflation

May 28, 2024

USD/CAD finds temporary support around 1.3600 as attention turns to US core PCE inflation data. FUNDAMENTAL OVERVIEW: The USD/CAD pair finds temporary support around 1.3600...

Nvidia’s Stock Jumps 6% Premarket with AI Chip Demand Boosting Revenue

May 23, 2024

Nvidia shares climbed over 6% in premarket trading after reporting a significant revenue surge FUNDAMENTAL OVERVIEW: Shares in Nvidia (NASDAQ: NVDA) jumped over 6% in...

USD/CHF Stays Near 0.9100 on Positive Market Sentiment

May 20, 2024

The USD/CHF maintains near 0.9100 levels amid positive market sentiment. FUNDAMENTAL OVERVIEW: For the third consecutive day, the USD/CHF maintains its upward momentum, hovering around...

Bank of England’s Broadbent Hints at Potential Rate Cut This Summer

May 20, 2024

Broadbent from the Bank of England suggests a potential rate cut this summer. Deputy Governor Ben Broadbent stated on Monday that the Bank of England...

Bitcoin Hits $66,700 with CPI Data Boost, Struggles to Break Range

May 16, 2024

Bitcoin price surged to $66k following CPI data, yet it remains range-bound. FUNDAMENTAL OVERVIEW: On Thursday, the price of Bitcoin experienced an increase, buoyed by...

Walmart’s Adjusted Earnings Exceed Estimates in First Quarter

May 16, 2024

Walmart’s adjusted earnings for the first quarter exceeded expectations In the first quarter, Walmart announced income and revenue figures that surpassed analysts’ predictions, benefiting from...

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