MARKET NEWS
Apr 23, 2024
EUR/USD Rises after Shock US PMI Highlights Demand Weakness
EUR/USD received a much needed reprieve from USD dominance after flash PMI data for April highlighted potential concerns for the US. EUR/GBP surrenders recent gains
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Apr 23, 2024
British Pound Bounces At Downtrend Line, Still Pressured By Rate-Cut Expectations
Sterling scored a little bounce against the Dollar, but monetary policy expectations will continue to make durable gains tough
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Apr 23, 2024
Gold's Surge Halted as Risk Appetite Returns, US Economic Data in Focus
The precious metal has lost around 5% of its value since last Friday as risk assets benefit from the current pause in the Israel-Iran conflict
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Apr 23, 2024
Yen Alert: Suzuki Stresses Trilateral Support Ahead of Golden Week
Massive yen shorts raises the risk of a sharp USD/JPY reversal should authorities intervene in the FX market to strengthen the yen. US PCE a potential catalyst?
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Apr 22, 2024
Risk Sentiment Snapshot: Gold, Silver and S&P 500 Price Trends
Risk sentiment has improved at the start of the week, seeing notable moves across typically risk sensitive assets in a week when US data and tech earnings take center stage
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Apr 22, 2024
Japanese Yen Latest: USD/JPY and GBP/JPY Technical Analysis and Outlooks
The Bank of Japan’s latest policy decision, US Q1 GDP, and Core PCE data makes this an important week for USD/JPY traders.
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Apr 22, 2024
EURUSD Steadies As Market Looks Ahead To Key US Inflation Numbers
The Euro’s sharp slide has relaxed a little but there are still few if any reasons to back the single currency over the greenback
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Apr 22, 2024
Aussie Dollar Outlook: Sentiment Reversal Fuels AUD Recovery
The Aussie dollar attempts to claw back losses on an improving risk outlook. However, declining Aussie inflation and hot US data (GDP, PCE) pose a threat to AUD
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Apr 22, 2024
GBP/USD, EUR/GBP Outlooks – Sterling Weakens After Bank of England Commentary
Sterling fell late Friday after BoE dep gov Dave Ramsden reiterated governor Bailey’s recent view that inflation is set to drop sharply
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Apr 21, 2024
Markets Week Ahead: Gold, EUR/USD, USD/JPY - BoJ, US GDP, Core PCE, Big Tech Earnings
The upcoming week brings the Bank of Japan’s monetary policy decision and a flurry of high-impact economic data and earnings, setting the stage for potential volatility in financial markets.
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