Gold and the US dollar have historically had strong starts to the year. The precious metal's average return in January was 1.6%, while the US dollar rose by 1%.
Russia has recently proposed the establishment of a new precious metals exchange, the Moscow World Standard
Fed members indicate they will tighten interest rates into restrictive territory to curb inflationary pressures, reviving the dollar's bull trend.
What’s next for the USD/SGD forex pair? Read on to learn more about the pair and its possible future fluctuations.
The widening divergences between Europe’s Dutch TTF and Henry Hub natural gas prices are adding a further downside risk for the EUR/USD pair.
Pre-Covid structural issues have been accelerated by global inflation pressures
Market pricing of future Fed interest rate cuts is a positive catalyst for precious metals such as gold and silver. However, the final answer is determined by the inflation trend.
According to Peter Schiff, precious metals would be the best inflation hedge for investors. This thesis was supported by historical analysis.
EUR/USD recovered 1.025 levels, boosted by rising expectations of an ECB half-point raise at tomorrow’s meeting