MARKET NEWS
Nov 11, 2023
EUR/USD Weekly Forecast: Stern Powell Keeps Pressure on Euro
EUR/USD prices enter the week facing multiple economic data reports including US and euro area CPI.
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Nov 10, 2023
USD/CAD Technical Outlook: Mixed Technical Signals Could Halt Upside Rally
Bank of Canada Deputy Governor issues hawkish message but CAD slide continues. What do the technicals tell us?
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Nov 10, 2023
Gold (XAU/USD) Slips Lower After Fed Powell's Warning, UST 30-Year Bond Sale Flop
Fed Chair Powell reminded the market yesterday that the US central bank would hike interest rates again if needed, while Thursday’s US long-bond auction misfired badly
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Nov 10, 2023
​​​FTSE 100, S&P 500 and Russell 2000 Come off this Week's Highs on Hawkish Fed Comments​​​
​​Outlook on FTSE 100, S&P 500 and Russell 2000 as Fed Chair Jerome Powell states that that it is too early to definitely announce the conclusion of the central bank’s hiking cycle.
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Nov 10, 2023
RBA Minutes Reveal the Prospect of Another Hike, AUD Fails to Respond
The RBA discussed a pause during the November meeting but decided a hike would provide more assurance on inflation. Latest forecast suggests room for one more hike
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Nov 10, 2023
GBP Breaking News: 0% Growth for UK in Q3
GBP prices depreciated marginally against the USD after UK GDP highlighted the tough environment facing the UK economy.
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Nov 09, 2023
Crude Oil, Mexican Peso Forecast: WTI Eyes $75 Level, Banxico Pivots
WTI crude oil prices are edging toward the $75.00 level.. Israel's decision to enact a cease fire for humanitarian aid has reduced geopolitical risks in the Middle East, exacerbating downward pressure in the energy market.
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Nov 09, 2023
US Dollar Flies on Hawkish Powell - Setups on EUR/USD, USD/JPY, AUD/USD, Gold
The U.S. dollar rallies on rising U.S. yields and hawkish comments from the Federal Reserve chairman, complicating the outlook for the euro, Japanese yen and Australian dollar.
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Nov 09, 2023
Oil Price Forecast: WTI Eyeing a Rebound After Slipping Below 200-Day MA
Oil prices may be eyeing a recovery despite the worsening global outlook and rising demand concerns. Will Bulls be able to drive a retest of the $80 a barrel mark?
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Nov 09, 2023
Gold, Silver Prices Perk Up, Palladium in Freefall, Key Levels for XAU/USD, XAG/USD
This article examines the near-term outlook for gold and silver prices, analyzing the fundamental and technical factors that could guide the trajectory of these key precious metals.
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