MARKET NEWS
Nov 08, 2023
GBP Price Forecast: Pound Slips as BoE's Bailey Hints at Peak Rates
GBP prices softened as BoE Governor Bailey hinted at a possible peak in UK interest rates while markets keenly await Fed Chair Jerome Powell and other Fed speakers.
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Nov 08, 2023
Japanese Yen Latest: USD/JPY and EUR/JPY Probe Fresh Multi-Year Highs
The current risk-on sentiment dominating a range of financial markets is adding to structural Yen weakness, leaving JPY at risk against a range of other currencies.
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Nov 08, 2023
Oil Sell-off Intensifies, Seeing the Commodity Trade Below a Key Level
Oil hits 3-month low on rising inventory levels, global growth concerns and Chinese data that looked good on the surface but upon closer inspection is fraught with challenges
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Nov 08, 2023
FTSE 100, DAX 40 and S&P 500 Consolidate as they await Further News​​​
​​Outlook on FTSE 100, DAX 40 and S&P 500 ahead of speeches by Fed Chair Jerome Powell today and tomorrow.
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Nov 08, 2023
EUR/USD Price Forecast: German Inflation Aggravates Euro Drawback
Euro prices slumped in early European trade after German inflation fell sharply. EUR/USD now looks to Fed Chair Jerome Powell for guidance.
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Nov 07, 2023
Gold, Silver Price Forecast: XAU/USD & XAG/USD May Get Boost from Macro Trends
This article examines the outlook for gold and silver for the coming days, analyzing the fundamental and technical factors that could guide the trajectory of these key precious metals.
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Nov 07, 2023
Australian Dollar Price Action Setups: AUD/USD, GBP/AUD Post RBA Hike
The RBA followed through with a rate hike this morning and yet the Aussie Dollar weakened. Where to next for GBP/AUD and AUD/USD?
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Nov 07, 2023
US Dollar Setups: EUR/USD Defies Support After Pullback, USD/JPY Stands Tall
This article analyzes EUR/USD and USD/JPY from a technical perspective, examining recent price action dynamics and important price levels that deserve attention in the short term.
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Nov 07, 2023
Bitcoin (BTC/USD) Forecast: Open Interest Surge to Ignite a Fresh Bout of Volatility?
Bitcoins recent consolidation could be at an end as OI data suggests a surge in volatility may be on the horizon as whales continue to accumulate at an impressive rate.
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Nov 07, 2023
S&P 500 Price Outlook: Bullish Fatigue Allows Moment of Reflection
US stocks have soared over the last week, bolstered by the recent Fed meeting and softer jobs, economic data that has emerged and is likely to continue
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