MARKET NEWS
Jan 10, 2024
Japanese Yen Falls Further On Weaker Wage Data, US CPI In Near-Term Focus
The Japanese Yen had been lifted by hopes that the Bank of Japan might be ready to tighten policy. These may well have been premature
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Jan 10, 2024
Gold, Silver Price Action Setups Ahead of US CPI
Continued disinflation at the current Fed funds rate means real interest rates may soon attract flows away from gold despite aggressive rate cuts. Silver, gold prices analysed
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Jan 10, 2024
Bitcoin ETF Decision D-Day, SEC Fake Approval Announcement Sparks BTC/USD Volatility
The SEC yesterday said that their X (formerly Twitter) account had been comprised after a false tweet was posted announcing that a raft of spot Bitcoin ETFs had been approved. The hotly awaited decision is expected today.
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Jan 10, 2024
​​​FTSE 100 and S&P 500 on Hold while Nikkei 225 Hits a 34 Year High
Outlook on FTSE 100, Nikkei 225 and S&P 500 ahead of key US inflation data.
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Jan 10, 2024
Aussie Dollar Rises Despite Second Consecutive Monthly Drop in Inflation
The Australian dollar rose after the monthly CPI indicator revealed lower then expected inflation for November. However, services inflation remains a concern for the RBA
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Jan 10, 2024
US Dollar (DXY) Latest: EUR/USD and GBP/USD on Hold Ahead of US CPI
With little of note on the economic calendar today, the US dollar is in a holding pattern ahead of Thursday’s US inflation report. USD-pairs remain listless ahead of the data.
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Jan 09, 2024
Gold Price and USD/JPY Forecast: US Inflation Outcome to Drive Market Direction
The December U.S. inflation report, due for release on Thursday, is poised to provide clarity on the Fed's monetary policy outlook, helping guide the near-term trajectory of both gold prices and USD/JPY
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Jan 09, 2024
EUR/JPY and GBP/JPY Veer Off Bullish Path after Hitting Resistance. What Now?
This article focuses on the technical outlook for EUR/JPY and GBP/JPY, examining critical price thresholds that could act as support or resistance in the coming trading sessions.
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Jan 09, 2024
EUR/USD Price Forecast: Sentiment and Hard Data Continue to Diverge
Sentiment data in Europe picks up where it left off at the end of 2023, showing green shoots of optimism. However, the hard data reveals the economic reality
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Jan 09, 2024
British Pound Update: GBP/USD Supported by Easing Rate Cut Expectations
Sterling is back above 1.2700 against the US dollar as UK interest rate cut expectations ease. Thursday’s US inflation report may add volatility to the pair.
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