Ravi Singh, Vice President & Head of Research, ShareIndia said that gold prices are under pressure on tapering possibility and may remain weak for a few trading sessions. “All of the major central banks are holding monetary policy meetings this week and after the inflation report it’s most probable that the Fed will hike rates and take a hawkish stance,” he added.
GERMAN BUND PRICE TECHNICAL ANALYSIS: WEEKLY CHART In the weekly chart, German Bund started trading in up channel German Bund is trading above 5&20 SMA RSI is in buying zone
As interest rate hike warnings and banking turbulence persist, the FTSE is still down FTSE 100 tumbles as banks fall on contagion fears Credit default swap prices spike in several
AUDUSD Technical Analysis: Weekly Chart In the weekly charts, AUDUSD is trading in a down channel. AUDUSD is currently trading below all SMA. RSI is in the selling zone which