Yuri Papshev / Blog
There is a confrontation in the market between rising government bond yields, which puts downward pressure on the gold price, and rising inflationary expectations, which supports gold (see "Fundamental Analysis and Recommendations" ) . Break of the support level 1766...
The unconditional focus of traders' attention today is the ECB meeting. Market participants will closely follow the ECB meeting. Probably, following this meeting, the key interest rate of the ECB will remain at the same level of 0...
Expectations for a UK economic recovery thanks to vaccinations remain strong and will continue to support the pound. A consistent breakdown of strong resistance levels 1.3970, 1...
The Bank of Canada press conference will begin at 15:15 (GMT), and market participants will closely follow the press conference...
Investors are counting on the acceleration of the American economy in the near future, including due to expectations of new stimulus measures from the White House...
Having received support last week from positive data from the Australian labor market, the AUD strengthened significantly, while the AUD / USD pair rose The Australian dollar also started this week on a positive note, remaining one of the growth leaders amid growing investor interest in risk...
Strong US economic data can no longer support the US dollar, which is more responsive to the dynamics of US government bonds...
At the beginning of today's European session, the price is testing the important resistance level of 0.7750...
There is a confrontation in the market between rising government bond yields, which puts downward pressure on the gold price, and rising inflationary expectations, which supports gold (see "Fundamental Analysis and Market Expectations" ) Break of the support level 1736...