MARKET NEWS
Nov 16, 2023
Bitcoin (BTC), Ethereum (ETH) Rally Continues, Resistance Levels Come Under Pressure
The risk-on sentiment currently driving the cryptocurrency higher shows no sign of abating with a wide range of coins registering hefty double-digit gains over the month.
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Nov 16, 2023
Dow, Nasdaq 100 and Nikkei 225 Continue their Rally
Indices have made further gains, though at a slower pace than in recent sessions, with yesterday’s US data providing more good news on inflation.
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Nov 16, 2023
Pound Sterling Update: GBP/USD Uptrend in Focus
The pound has recently been handed a boost by a weaker dollar brought about by expectations that US rates have peaked. Sterling looks ahead to the Autumn Statement
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Nov 16, 2023
EUR/USD Price Forecast: It's Time for Eurozone Inflation
EUR prices pullback as markets prepare for Fed and ECB speak later today.
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Nov 15, 2023
EUR/USD Hits Snag After Breakout, Nasdaq 100 Stalls, Oil Prices at Risk of Meltdown
This article focuses on the technical outlook for EUR/USD, the Nasdaq 100 and crude oil, taking into account sentiment analysis and recent price action dynamics.
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Nov 15, 2023
US Dollar Forecast: Fed Pivot Ahead? - Setups on USD/JPY, GBP/USD, AUD/USD
This article explores the technical outlook for USD/JPY, GBP/USD and AUD/USD, focusing on price action dynamics and key levels in play following the U.S. CPI and PPI reports and related market volatility.
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Nov 15, 2023
Gold Prices Gain On More Signs Global Inflation Rolling Over
US consumer prices decelerated last month, with the UK’s now joining them. Gold markets and others are daring to hope that lower rates will come next year
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Nov 15, 2023
US Breaking News: Retail Sales Beat Pessimistic Estimate, USD Bid
US retail sales beat estimates for October but still couldn’t avoid a drop from September. USD and Treasury yields rise while S&P 500 futures head lower
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Nov 15, 2023
Softer US Data Propels EURUSD Beyond Key Technical Level
Yesterday’s drop in US inflation has EUR/USD trading above the 200-day SMA, building a case for a bullish reversal. US retail sales later could provide a helping hand
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Nov 15, 2023
Global Bond Yields Hammered as Markets Upgrade Interest-Rate Cut Expectations
Government bond yields across the globe fell sharply on Tuesday, after the latest US inflation report, as investor’s thoughts turn to a series of interest rate cuts next year.
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