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Diego Colman

Cable Near-Term Trading Bias Hinges on FOMC, BoE Guidance

GBP/USD OUTLOOK:The Fed will release its May monetary policy decision on Wednesday. Investors expect the bank to raise rates by 50 basis points and formally unveil its plan to trim its huge balance...

Meta Earnings Eyed as Tech Stocks Plummet

META STOCK OUTLOOK:Meta Platforms, Facebook’s parent company, will announce quarterly results on Wednesday after the closing bellAnalysts expect earnings per share of $2.58 on revenue of $28.28 billionIf earnings and corporate guidance disappoints...

GBP/USD at Risk of Further Losses as the UK Economy Weakens

GBP/USD WEEKLY FORECAST: BEARISHThe British Pound posts heavy losses against the U.S. dollar during the week, falling to its weakest level since September 2020 Cooling economic activity in the United Kingdom and soaring...

XAG/USD Craters as Real Yields Flirt with Positive Territory

SILVER PRICE OUTLOOK:Silver prices plunge about 2.8% to $24.50 as bond yields resume their advance Real rates also charge higher and flirt with positive territory for the first time since 2020This article looks...

Oil Rises as Libya Halts Production at Largest Field & EU Mulls Russian Petroleum Ban

OIL PRICES KEY POINTS:Oil extends its winning streak and rises for a fourth consecutive sessionNews that Libya has temporarily suspended production at its largest oilfield and reports that the European Union is drafting...

Nasdaq 100 Plunges into Bear Market as Oil Worth Surge Kindles Stagflation Worries

NASDAQ 100 OUTLOOK:U.S. shares sink at first of the week amid risk-off temper on elevated geopolitical tensions stemming from the continued battle in UkraineThe Nasdaq 100 breaches help and plummets 3.75% to 13,319,...

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