Author Archive: Jeremy Parkinson

Silver Price Forecast: XAG/USD Falls To Three-Month Lows Near $29.50

Silver Price Forecast: XAG/USD Falls To Three-Month Lows Near $29.50

Image Source: Pixabay Silver price reached a three-month low at $29.26 on Thursday. Non-yielding Silver depreciates as the Fed’s “dot plot,” anticipates only two rate cuts in 2025. The BoJ kept the short-term rate target within the range of 0.15%-0.25%. Silver price (XAG/USD) extends its losing streak for the sixth consecutive session, trading around $29.50 per […]
Financial Markets Report For Wednesday, Dec 18

Financial Markets Report For Wednesday, Dec 18

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, December 18.Video Length: 00:16:08More By This Author:Metal Markets Report For Wednesday, Dec 18Metal Markets Report For Tuesday, Dec 17Financial Markets Report For Tuesday, Dec 17
Elliott Wave Technical Analysis: Bitcoin Crypto Price News For Thursday, Dec 19

Elliott Wave Technical Analysis: Bitcoin Crypto Price News For Thursday, Dec 19

Image Source: PexelsElliott Wave Analysis TradingLounge Daily ChartBitcoin/ U.S. dollar(BTCUSD)BTCUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: Impulseposition: Wave (3)Direction Next higher Degrees: wave VWave Cancel invalid level: Details: The five-wave rise of wave V is likely equivalent to wave (I). Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy: Wave (3) appears to have ended and the price is now entering a […]
Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals

Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals

Key Takeaways Bitcoin price fell under $100,000 due to a hawkish Federal Reserve stance. Meme tokens experienced sharp declines amid market sell-off. Share this article Bitcoin fell close to 6%, trading under $100,000 amid a market-wide sell-off after the Fed adopted a hawkish tone at Wednesday’s FOMC meeting, according to data from CoinGecko.The Fed cut […]
Current Report: Mitsubishi Shokuhin

Current Report: Mitsubishi Shokuhin

Image Source: PixabayMitsubishi Shokuhin Co Ltd (MSHXF) is a Japan-based company engaged in the food and beverage business. The company offers processed foods, frozen and chilled foods, alcoholic beverages and confectioneries at wholesale prices.Its product portfolio includes seasoning products, noodles, dry goods, alcoholic and non-alcoholic beverages, frozen foods, and confectionery. It also operates in the real […]
Sticky UK Services Inflation To Come Lower In 2025

Sticky UK Services Inflation To Come Lower In 2025

Image Source: PexelsServices inflation is stuck at 5% and will stay around there for the next few months. But further progress, helped by more benign annual rises in index-linked prices in April, should see ‘core services’ inflation fall materially in the spring. We think that will be the catalyst for the Bank of England to cut […]
The Fed’s Rate Cutting Cycle May Already Be Over

The Fed’s Rate Cutting Cycle May Already Be Over

Image Source: UnsplashAs expected, the Fed cut rates by 25 basis points, but the market was caught off guard by the Fed’s positioning regarding future rate cuts. Looking back, it was somewhat obvious. Earlier today, I shared a video for Market Chronicles paid members, highlighting how analysts were expecting more rate cuts than what the Fed Funds Futures […]
Bank of Japan keeps interest rates unchanged for third straight meeting

Bank of Japan keeps interest rates unchanged for third straight meeting

Key Takeaways The Bank of Japan maintained interest rates at 0.25% for the third straight meeting. Unchanged rates reflect careful monitoring of domestic wage growth and US economic policies. Share this article The Bank of Japan kept interest rates unchanged at 0.25% during its Thursday meeting, marking the third consecutive hold following similar decisions in […]
Australian Dollar Pares Losses Following Consumer Inflation Expectations

Australian Dollar Pares Losses Following Consumer Inflation Expectations

Image Source: Unsplash The Australian Dollar recovers daily losses after the release of Consumer Inflation Expectations on Thursday. Australia’s Consumer Inflation Expectations increased to 4.2% in December from the previous 3.8% rise. US Dollar surged as the Fed delivered a hawkish cut of 25 basis points at its December meeting. The Australian Dollar (AUD) pares daily […]
Japanese Yen Hangs Near One-month Low Against USD; BoJ Decision Awaited

Japanese Yen Hangs Near One-month Low Against USD; BoJ Decision Awaited

Image Source: Pixabay The Japanese Yen consolidates its recent losses against the USD to a one-month trough.  Traders opt to move to the sidelines and await the BoJ decision before placing fresh bets. The USD preserves the post-FOMC gains and acts as a tailwind for the USD/JPY pair. The Japanese Yen (JPY) will be in the […]