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- July 31, 2023
- Technical Analysis
Euro Starts off New Week at Key Support, Will EUR/USD Turn Higher Next?
The Euro weakened against the US Dollar last week. Still, EUR/USD was unable to clear key rising support as downside momentum faded. What are key leve...
- July 31, 2023
- Market News
Markets Week Ahead: US Dollar, Euro, Japanese Yen, Australian Dollar, RBA, NFPs
The US Dollar mostly outperformed this past week as the Euro and Japanese Yen fell. Ahead, eyes are on the RBA for the Australian Dollar and US non-fa...
- July 29, 2023
- Market News
Crude Oil Forecast: Attention Shifts to OPEC Production Cuts
Brent crude oil prices look to next week with forward momentum as markets await further information from OPEC their production projections for Septemb...
- July 29, 2023
- Technical Analysis
Will NFP and Services PMI Extend Hot Streak in US Data? BoE and RBA Next
Three major central banks, the Fed, ECB and BoJ communicated their latest policy decisions with Japan making tiny strides towards normalisation. In th...
- July 28, 2023
- Market News
Fed’s Favorite Inflation Gauge Slows More than Expected in June, US Dollar Subdued
U.S. personal consumption expenditures accelerated in June, but core PCE inflation surprised slightly to the downside, creating a complex backdrop for...
- July 28, 2023
- Market News
USD/ZAR Shrugs Off Resurgent Dollar, Eyes Break of 17.50 Support
The recent Dollar resurgence has failed to Hamper the South African Rand. Is this the start of a longer-term downtrend for USD/ZAR?...
- July 28, 2023
- Market News
Gold, Silver Look for Support After Strong US Growth Propels the Dollar Higher
A massive upside beat in second quarter GDP out of the US left the door open for USD bulls to drive the market higher. Metals now trade lower ahead of...
- July 28, 2023
- Market News
Euro Stumbles Against a Resurgent US Dollar and Japanese Yen – EUR/USD and EUR/JPY Latest
Strong US economic data, a slight shift of focus by the BoJ, and a mildly dovish ECB are driving EUR/USD and EUR/JPY sharply lower....
- July 28, 2023
- Market News
Dax Hits New Intraday Record, Dow Edges Higher, Nikkei Holds on After BoJ Decision
The Dax rallied to a fresh intraday high yesterday, while the Dow is moving up once more. The Nikkei rallied off its lows after the mixed signal...