News of the day, Friday, March 18
Yesterday the Bank of England raised the interest rate for the third time since December — by a quarter-point to 0.75 returning it to a pre-pandemic level. The financial regulator expects inflation to grow to 8% in the second quarter of 2022, which …
News of the day, Thursday, March 17
The much-awaited Fed meeting resulted in a rate hike yesterday. As expected, the rate increased by 0,25%. Although this number may seem tiny, it is important to consider this rate hike is not the last one this year. The prognosis of the interest …
Gold was able to rebound and breach the resistance level 1926.70 after achieving the target and reaching the support level of 1892.50 to give an initial signal to return to the bullish path provided that trading is stable above the level of 1926.50.
The moving average includes 20 resistance levels …
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