MARKET NEWS
Feb 26, 2024
British Pound Edges Up Again, US Data Will Run This Week's Trade
Sterling has enjoyed a run higher thanks in part to some better news from its home economy. There’s not much on this week’s slate, which will leave the Dollar in charge.
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Feb 26, 2024
Aussie Dollar Outlook: AUD/USD Finds Resistance Ahead of Inflation Data
AUD/USD is coming off a string of eight consecutive days of gains but appears to have found resistance at a key longer-term level now that Chinese markets have eased
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Feb 25, 2024
Markets Week Ahead: USD, Euro and Gold Eye Inflation Data, Sterling Supported
US growth and inflation data provide the pick of the bunch this week. CPI in Germany will influence ECB rate cut expectations and will a quiet week in the UK benefit GBP?
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Feb 25, 2024
US Dollar Forecast: US PCE to Guide Markets; EUR/USD, GBP/USD, USD/JPY Setups
This article explores the technical outlook for three major U.S. dollar pairs: EUR/USD, GBP/USD, and USD/JPY. In the piece, we also discuss potential market scenarios ahead of key U.S. PCE data.
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Feb 23, 2024
Gold Weakened after Fed Officials Signalled a Preference to Delay Rate Cuts
Fed officials continued to signal a preference to remain patient on the topic of rate cuts as the US economy, consumer and labour market maintain their resilience
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Feb 23, 2024
Euro (EUR) Price Latest – EUR/USD Testing 200-SDMA Resistance, EUR/GBP Slipping Into Support
The German economy remains weak and the single currency is starting to struggle against the US dollar and Sterling
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Feb 22, 2024
US Dollar's Bullish Bias Holds Steady; Setups on EUR/USD, GBP/USD, Gold Prices
This article delves into the outlook for EUR/USD, GBP/USD, and gold, shedding light on crucial price thresholds to monitor in the upcoming trading sessions.
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Feb 22, 2024
Japanese Yen Forecast: Brighter Days Ahead; Setups on USD/JPY, EUR/JPY, GBP/JPY
This article examines the technical outlook for USD/JPY, EUR/JPY, and GBP/JPY, discussing important price thresholds worth keeping an eye on over the next few trading sessions.
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Feb 22, 2024
US Dollar Remains Firm After Mixed S&P PMIs, Fed Speak Later in the Session
The US economy remains in good health despite the slight slowdown seen in the dominant services, data showed today. Up next, a handful of US Fed speakers give their latest views on the US economy.
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Feb 22, 2024
Nvidia Poised for New All-Time High After Earnings Beat, S&P 500 Buoyed
Nvidia put aside concerns of waning demand and supply chain constraints after the chip maker followed up its Q4 earnings beat with a positive outlook for Q1 2024
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