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USD Breaking News: Dollar Index (DXY) Pops on U.S. PMI Beat

USD Breaking News: Dollar Index (DXY) Pops on U.S. PMI Beat

The U.S. dollar found some bullish support post-PMI data which maintained its contractionary outcome but at a slower rate than previous prints....
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Silver Price Outlook: XAG/USD Relief Rally Buoyed by Dollar Weakness

Silver Price Outlook: XAG/USD Relief Rally Buoyed by Dollar Weakness

Silver prices have recovered a large portion of yesterday’s losses after testing psychological support at $23.00. With USD weakness driving gains, e...
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Gold Prices Power Ahead, Will XAU/USD Break $2,000 Soon?

Gold Prices Power Ahead, Will XAU/USD Break $2,000 Soon?

The precious metal is testing a new multi-month high and with little in the way of resistance on the charts, gold may soon challenge $2,000/oz....
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UK PMIs Add to Disappointing Data Ahead of BoE Meeting, GBP Lower

UK PMIs Add to Disappointing Data Ahead of BoE Meeting, GBP Lower

UK services PMI data saw the fastest drop in business activity in the last 24 months while manufacturing beat estimates. The report compounds recent n...
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Euro Breaking News: EURUSD Bid as PMI Data Continues Upward Trajectory

Euro Breaking News: EURUSD Bid as PMI Data Continues Upward Trajectory

Euro Area PMI continues to improve adding further credence that the Eurozone may escape a recession....
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Japanese Yen Steadies on PMI Data and Markets Assess Risks. Where to for USD/JPY?

Japanese Yen Steadies on PMI Data and Markets Assess Risks. Where to for USD/JPY?

The Japanese Yen saw gains against the US Dollar after comforting PMI numbers in thin trade due to Lunar New Year. The USD/JPY trend is being question...
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Australian Dollar Eyes New Heights Ahead of Crucial CPI Data. Where to for AUD/USD?

Australian Dollar Eyes New Heights Ahead of Crucial CPI Data. Where to for AUD/USD?

The Australian Dollar is pressing higher today as the US Dollar continues to slide with the Fed and RBA facing different challenges in the weeks ahead...
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Nasdaq, S&P 500 Breakout with Earnings in Focus

Nasdaq, S&P 500 Breakout with Earnings in Focus

Both the Nasdaq and S&P 500 have broken out to fresh highs and earnings are very much in focus this week. But is this more driven by short cover a...
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DAX, FTSE Prices Muted in Narrow Range of Technical Support and Resistance

DAX, FTSE Prices Muted in Narrow Range of Technical Support and Resistance

European equities continue to trade in a narrow range of support and resistance as bulls and bears struggle to break technical support and resistance....
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