Category: Blog

Three weeks ago, the artificial intelligence research and development firm OpenAI published ChatGPT. Even if there are certain issues with the chatbot, its capabilities have caused Google to ring the alert about a potential commercial threat. Now that ChatGPT has totally conquered the internet, it is a force to be contend with. Along with giving…
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EURUSD is trading sideways waiting for more indicators that could affect the FOMC rates policy. US GDP and PCE Core are the major indicators expected this week. Initial day trading support is at 1.0650 followed by the weekly support at 1.0610/1.0590. Initial resistance at 1.0750 followed by 1.0830, with any close above could see the…
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Were the Lebanese people aware that the year 2019 will be the beginning of devastating years for them, which will move them from the world of light to murk? On October 17, 2019, Lebanon witnessed a breakdown with their currency resulting from the economic and political crises in which 80% of its population is below…
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It is a relatively busy day ahead for the GBP/USD. Early in the UK session, finalized services and composite PMI numbers will be in focus. While revisions to the headline numbers will influence, investors need to consider the sub-components, including job creation, new orders, and input and output prices. On Thursday, BoE Governor Andrew Bailey…
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It is a relatively busy day ahead for the GBP/USD. Early in the UK session, finalized services and composite PMI numbers will be in focus. While revisions to the headline numbers will influence, investors need to consider the sub-components, including job creation, new orders, and input and output prices. On Thursday, BoE Governor Andrew Bailey…
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In some ways, gold’s range-bound performance has been surprising. One might have believed that gold, touted as an inflation hedge, would have rallied as inflation surged. Instead, as inflation ramped up from 1.3% in 2020 to above 9% by mid-2022, gold prices went sideways. Even so, saying gold no longer serves as an inflation hedge…
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Japanese Prime Minister Fumio Kishida has imposed tougher sanctions than his predecessors on Russia — Japan’s northern neighbor and a key energy supplier — but has stopped short of imposing an embargo on Russian crude. With little indigenous natural resources, energy security has always been a top priority for Japan, the world’s largest LNG market and one…
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SINGAPORE : The euro and sterling slipped against the dollar on Friday as markets took a dovish cue from policymakers at the European Central Bank and the Bank of England, who said inflationary pressures in their economies have become more manageable. Reversing its losses earlier in the week, the greenback strengthened against a basket of…
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