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Dow Jones Sinks after Sterling Hit Record Low, KOSPI and Hang Seng Index at Risk Ahead

Dow Jones Sinks after Sterling Hit Record Low, KOSPI and Hang Seng Index at Risk Ahead

Dow Jones futures slumped as Sterling’s record low further boosted global monetary tightening expectations. The KOSPI and Hang Seng indices are at r...
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EUR/USD to Face Record High Reading for Euro Area CPI

EUR/USD to Face Record High Reading for Euro Area CPI

Fresh data prints coming out of the Euro Area may curb the recent decline in EUR/USD as inflation is expected to hit a record high....
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Chinese Yuan Faces Another Big Test as US Dollar Surge Goes Unchecked

Chinese Yuan Faces Another Big Test as US Dollar Surge Goes Unchecked

The Chinese Yuan faces another big technical test as the US Dollar continues to cause havoc across the FX space. China’s industrial profits are in f...
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AUD/USD Selloff Pushes RSI Into Oversold Territory

AUD/USD Selloff Pushes RSI Into Oversold Territory

AUD/USD may attempt to test the May 2020 low (0.6373) as the Relative Strength Index (RSI) pushes into oversold territory....
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S&P 500, Nasdaq 100 and Dow Fall Amid Soaring US Treasury Yields

S&P 500, Nasdaq 100 and Dow Fall Amid Soaring US Treasury Yields

U.S. equity indices continued to drop as tightening financial conditions around the world fueled concerns about a global recession. US yields and the ...
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

There’s panic in both FX and bond markets but stocks are holding key supports. One of these themes is likely off sides and this week may just start ...
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EUR/USD at Multi-Decade Lows Amid Broad USD Momentum, Sterling Crisis Weighs

EUR/USD at Multi-Decade Lows Amid Broad USD Momentum, Sterling Crisis Weighs

EUR/USD falls to its lowest levels in more than two decades, dragged down by the dollar’s relentless strength and negative market sentiment....
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S&P 500 Chops Around Following Volatile Overnight Session

S&P 500 Chops Around Following Volatile Overnight Session

US equity markets are choppy on Monday as traders digest cross asset volatility....
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Gold Price Forecast: Gold Breaks Double Top – Can XAU Bears Run?

Gold Price Forecast: Gold Breaks Double Top – Can XAU Bears Run?

Panic has started to show in global markets after last week’s FOMC rate decision and gold price action has went from bad to worse for gold bulls....
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