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Market News
MARKET NEWS
Nov 29, 2023
While the FTSE 100 and Russell 2000 Struggle, the DAX 40 Ploughs Ahead
Outlook on FTSE 100, DAX 40 and Russell 2000 amid quiet trading in low volatility.
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Nov 29, 2023
NZD/USD Forecast: Kiwi Soars on RBNZ Governor Orr
The NZD was bolstered by the possibility of future rate hikes should New Zealand inflation remain elevated. Kiwi dollar now looks to the US economy for guidance.
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Nov 28, 2023
Nasdaq 100, Gold Price Forecast: Has the Fed Greenlighted a Santa Claus Rally?
This article examines the technical outlook for gold and the Nasdaq 100, analyzing key price levels that, if breached, could precipitate outsize directional moves.
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Nov 28, 2023
USD/CAD Price Forecast: Trendline Break to Facilitate a Test of 1.3500 Support?
Loonie extends gains as the Greenback falters. A host of data is expected from both the US and Canada, will this help push USD/CAD lower?
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Nov 28, 2023
US Dollar in Tailspin, Price Action Setups on EUR/USD, GBP/USD and AUD/USD
In this article, we analyze the technical outlook for EUR/USD, GBP/USD, and AUD/USD, taking into account market sentiment and price action dynamics in recent days.
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Nov 28, 2023
Bitcoin (BTC/USD) Holds the High Ground as Binance Deals with Client Exodus
Bitcoin continues to threaten the $38k mark as a weaker US Dollar and rate hike optimism stoke volatility. $40K incoming?
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Nov 28, 2023
USD/JPY Update: Gauge of Widespread Inflation Hits 2001 Levels
Widespread inflation pressures build in Japan ahead of 2024 despite BoJ Governor Ueda remaining unconvinced that inflation will exceed the 2% target sustainably
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Nov 28, 2023
XAU/USD Price Forecast: Are Gold Prices Jumping the Gun?
Gold prices stay well supported this Tuesday ahead of CB consumer confidence and Fed speakers. XAU/USD managing to hold above $2000/oz.
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Nov 28, 2023
Oil Latest – Traders on the Sidelines as OPEC+ Meeting Nears
Oil traders are waiting for the delayed OPEC+ meeting, now scheduled for Thursday, to see if further output cuts are announced to help stabilize the price of oil
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Nov 28, 2023
EUR/USD Price Outlook: High Impact EU, US Inflation Data to Guide Price Action
The flash EU inflation data for November is due in the same week as US PCE. Also of note is the 2nd estimate of US Q3 data which is anticipated beat the already impressive 4.9%
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