Cat-Police

Cat-Police

The ECB closely monitors developments in the Middle East and related impacts European Central Bank (ECB) officials have been closely monitoring the escalating Middle East crisis due to its potential global economic impact. The conflict has caused concern among investors, leading to a rise in oil prices. This information was shared by Gabriel Makhlouf during a...

Cat-Police

Although the USD price has increased recently, with the "crawling" method of the central exchange rate, it is difficult for investors to "take the initiative" to speculate... Around the world, although the Consumer Price Index (CPI) is still twice as high as the target, central banks in many countries have shown signs of switching from tightening monetary policy...

Cat-Police Updated 

The bond market became tense when the 10-year US Treasury bond yield unexpectedly rose to nearly 5.0%. This rise in borrowing costs globally is testing equity valuations. Over the weekend, Washington warned of significant risks to US interests in the Middle East, as ally Israel stepped up its attacks on Gaza and the border conflict with Lebanon escalated. This...

Cat-Police Updated 

Gold prices fell in Monday's trading session, taking a breather after approaching the $2,000/oz mark in the previous session, as investors braced for further developments in the Middle East and US economic data. . Spot gold contracts decreased 0.5% to 1,971.3743 USD/oz, gold futures contracts also decreased 0.5% to 1,983.20 USD/oz. “Safe-haven demand will...

Cat-Police Updated 

The next resistance level to overcome will be the final highest level of 183.82 before buyers can potentially challenge the highest level in several years set in August, above 186.00. The support price is currently valued at a very low level after a sudden decline in early October to 178.00, and the long-term prospects indicate that GBP/JPY remains firmly...

Cat-Police Updated 

The EURUSD exchange rate surged on Monday due to the weakness of the US dollar. This currency pair broke through the downward trendline and climbed to 1.0676, the highest level in a month. The outlook for the euro remains favorable before the Asian trading session, although some consolidation may occur after the 100-pip increase. The sharp decline of the US...

Cat-Police Updated 

Gold started the week in a calm manner, staging a downward correction on Monday after rising more than 3% on Friday. On Tuesday, the data from the US showed that consumer activity remained healthy, with Retail Sales rising by 0.7% on a monthly basis in September. This data failed to trigger a noticeable market reaction, allowing XAU/USD to end the day virtually...

Cat-Police Updated 

In the coming time, pressure on long-term bond yields will increase as the US Government has to step up borrowing to cover the budget deficit as well as pay off old debt due. In fiscal year 2023 (from October 2022 to September 2023), the US government overspends by 1,690 billion USD, an increase of 23% (equivalent to 314 billion USD) compared to the previous...

Cat-Police Updated 

The GBP/JPY chalked in another red bar to settle Friday, bringing the pair back into range of the week's lows set on Monday near 181.25, and the closing bell finds the Guppy trading into 181.60. The pair spent the first half of the trading week on the climb, tapping into four-week highs at 183.82 before market turned broadly risk-off and sent the Pound Sterling...

Cat-Police Updated 

War situation and influence The Israeli military says it has struck a Hezbollah target in southern Lebanon after one of its drones was fired on. The move came in response to "the infiltration of unidentified aerial objects into Israel and fire on an IDF UAV ," the Israeli military said in a statement Saturday morning local time, adding that it intercepted both...

Cat-Police

EURUSD stabilized at around 1.0550 early Friday after posting large losses on Thursday. The technical outlook points to a loss of bullish momentum but buyers could show interest if the pair manages to flip 1.0570 into support. The renewed US Dollar (USD) strength forced EUR/USD to turn south in the American session on Thursday following the latest inflation...

Cat-Police Updated 

Gold investors were reminded again that it's difficult to keep the dollar down for too long. Despite the clear stance on interest rates by many Fed officials and Wall Street trying its best to ignore the inflationary trend, the dollar rallied on Thursday, making up for all the lost ground. in the previous three sessions and more. As the greenback rebounded,...

Cat-Police

European stock markets traded higher on Thursday, supported by signs of UK growth. At 03:55 ET (07:55 GMT), the DAX index in Germany was trading 0.3% higher, the FTSE 100 index in the UK was up 0.4% and the CAC 40 index in France was up 0.2 %. UK gross domestic product grew 0.2% in August, a significant improvement from the previous month's unexpectedly revised...

Cat-Police

Gold price stands firm near two-week high on dovish Fed expectations, ahead of US CPI Gold climbs to a fresh two-week high during the Asian session on Thursday and seems poised to prolong its recent strong recovery move from the $1,810 area, or a seven-month low touched last week. As geopolitical tensions flare in the Middle East, the precious metal has regained...

Cat-Police

Hello human, EURUSD sits near multi-week top above 1.0600, awaits US CPI EUR/USD is trading above 1.0600, attracting some buying during the Asian trading on Thursday. Dovish Fed expectations keep the US Dollar bulls on the defensive and lend support to the pair. Traders seem reluctant to place aggressive bets ahead of the US consumer inflation report.

Cat-Police Updated 

Hello human, a good day ❤️ The war is expanding, cash flows are decreasing but the EU is still growing because the US economy is currently falling sharply! EURUSD jumped higher again overnight as it continues to rally off the eleven-month low seen last week at 1.0448. The peak seen overnight was unable to overcome a breakpoint and prior high near 1.0520 and it...

Cat-Police Updated 

Hello human. Gold price remains upbeat ahead of FOMC minutes ❤️ For US producer inflation, investors expect monthly headline PPI to expand at a slower pace of 0.4% against 0.7% recorded in August. The core PPI is seen growing at a steady pace of 0.2% in the same period. On an annualized basis, headline PPI is foreseen steady at 1.6%. The Core PPI accelerated...

Cat-Police Updated 

Hello human 👑 The dollar fell on Tuesday along with expectations for U.S. interest rates and Treasury yields fell as investors noticed a dovish change in the tone of Federal Reserve officials. The yen rose slightly as violence in the Middle East supported safe-haven buying and eventually traded steady at 148.34 per dollar. The Swiss franc also rose and was...