MARKET NEWS
Nov 06, 2023
GBP/USD Update: Cable Encounters Resistance Ahead of Q3 GDP Print
The pound benefitted from last week’s dollar selloff but the pair finds early resistance in a quiet week. Fed speakers emerge to fill the void with UK GDP on Friday
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Nov 06, 2023
USD/ZAR Price Forecast: Is the Rand Rally Over?
Rand prices faces firm opposition at a key support zone after a sharp appreciation against the USD.
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Nov 06, 2023
US Dollar (DXY) Sell-Off Continues after US Treasury Yields Collapse
The US dollar continues to move lower and eyes levels last seen nearly two months ago, as rate traders price in 100 basis points of rate cuts in the US next year.
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Nov 06, 2023
FTSE 100, DAX 40 and S&P 500 Lose Upside Momentum Following Last Week's Strong Gains​​​
​​Outlook on FTSE 100, DAX 40 and S&P 500 as softer US economic data, a subdued Non-Farm Payrolls and dovish Fed statements led to risk-on sentiment.
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Nov 06, 2023
AUD/USD Price Forecast: Aussie Dollar Looks to RBA for Guidance
AUD prices trade marginally lower today as investors keenly await tomorrow’s RBA interest rate decision.
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Nov 05, 2023
Markets Week Ahead: Gold Muted, Nasdaq 100, EUR/USD, GBP/USD Rip as US Yields Sink
Several Fed officials will deliver speeches in the coming days, including Chairman Powell. Traders should pay attention to their comments for clues on the outlook for monetary policy and impact on markets.
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Nov 05, 2023
Gold/Silver Weekly Forecast: Investors Capitalize on Weak NFPs
Gold & silver prices rallied last week leaving technical signal in favor of additional upside as markets prepare for several Fed speakers throughout the week.
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