United States Chicago Purchasing Managers' Index registered at 40.2, below expectations (44.7) in November

Nov 27, 2024

Gold prices may have found a temporary equilibrium – TDS

Macro funds skillfully managed to liquidate nearly 60% of their extreme position size in the weeks that followed the US elections, mitigating subsequent downside risks, barring a change in the prevailing macro narrative, TDS’ Senior Commodity Strategist Daniel Ghali notes.

EUR/CHF Price Prediction: Risks further downside to target despite Hammer candle

EUR/CHF recovers after declining following a breakout from a Triangle pattern that started forming in August and completed in November (see chart).