MARKET NEWS
Apr 04, 2024
More Japanese Yen Weakness May Prompt the Bank of Japan To Step In
The USD/JPY market is stuck just below the 152 region as traders suspect official action if they push it higher
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Apr 04, 2024
Gold Posts a Fresh All-Time High Above $2,300 as US NFPs Near
Gold continues to rally and today traded above $2,300/oz. level. Friday’s US Jobs Report (NFP) will consolidate or break this move higher
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Apr 04, 2024
Dow, Nasdaq 100 and Hang Seng Look to Push Higher
Indices have recovered from their lows of the week, with US indices potentially looking at fresh record highs in the near future
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Apr 04, 2024
Euro Update: Weaker US Activity Data Helps the Euro Reclaim Lost Ground
The euro has found its feet after slower US PMI data and a more dovish message from the Fed resulted in higher moves for both EUR/USD and EUR/CHF
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Apr 03, 2024
Decoding Fedspeak: How Central Banker Comments Move Markets – Gold & US Dollar
In the world of finance, words can sometimes be as powerful as actions. Known as "Fedspeak", the speeches, statements, and even subtle remarks made by key figures within the Federal Reserve can cause significant ripples or even tidal waves across global markets.
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Apr 03, 2024
US Dollar Sinks on Weak Data & Powell's Remarks, Jobless Claims Eyed Before NFP
The U.S. dollar moved lower on Wednesday, pressured by a combination of weaker-than-expected economic figures and dovish signals from Federal Reserve Chair Jerome Powell.
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Apr 03, 2024
Pound Sterling Update: GBP/USD Lifts Higher, GBP/CHF Treads Carefully
Sterling boasts a strong interest rate differential, but encouraging inflation data has undermined the currency somewhat. UK data is light but NFP ought to shake things up
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Apr 03, 2024
US Crude Oil Prices Surge As Market Seems Sure OPEC Cuts Will Stay Put
The oil market is on a tear this year, but prices’ long rally is starting to look as if it might need a rest.
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Apr 03, 2024
Market Q2 Forecasts: US Dollar, Gold, Euro, Oil, Bitcoin, Yen, Equities Outlooks
The second quarter of the year looks set to bring renewed volatility to a wide range of assets classes as a slew of central banks look set to pull the trigger on interest rate cuts.
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Apr 03, 2024
Gold Price Achieves Another All-Time High as Safe Haven Appeal Ramps up
Gold volatility has been on the rise, buoyed further by the recent escalations in Russia and the Middle East adding to the metal’s safe haven appeal
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