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S&P 500, Nasdaq 100 and Dow Surge in a Comeback Rally Amid BoE’s Rescue Plan

S&P 500, Nasdaq 100 and Dow Surge in a Comeback Rally Amid BoE’s Rescue Plan

Major U.S. equity indices rallied as US Treasury yields and USD tumbled after the Bank of England announced an emergency plan to stabilize the bond ma...
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Gold Price Forecast: XAU/USD Boosted by USD Weakness & Cratering Bond Yields

Gold Price Forecast: XAU/USD Boosted by USD Weakness & Cratering Bond Yields

Gold prices rose on Wednesday, boosted by a weaker US dollar and, more importantly, falling bond yields after the Bank of England announced “qua...
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Canadian Dollar Technical Forecast: USD/CAD Ripper Ready To Rest?

Canadian Dollar Technical Forecast: USD/CAD Ripper Ready To Rest?

The Dollar’s surge may be vulnerable after rallying more than 6.7% off the monthly lows. The levels that matter on the USD/CAD weekly technical char...
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S&P 500, Nasdaq 100 Squeeze as the Bank of England Pivots – Fed to Follow?

S&P 500, Nasdaq 100 Squeeze as the Bank of England Pivots – Fed to Follow?

Risk assets soar as traders increase bets on a pivot from the Federal Reserve....
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Euro Technical Forecast: EUR/USD Crashes into Support at 20 year Lows

Euro Technical Forecast: EUR/USD Crashes into Support at 20 year Lows

Euro plunged 1% for a third weekly decline with EUR/USD now testing technical support into the monthly / quarter close. Levels that matter on the week...
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British Pound Technical Analysis: GBP/USD, GBP/JPY, EUR/GBP

British Pound Technical Analysis: GBP/USD, GBP/JPY, EUR/GBP

It’s gone from bad to worse for the UK and the Bank of England’s emergency actions may not solve the problems plaguing the British Pound....
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USD/CAD Technical Outlook: On Reversal Alert in the Near-term

USD/CAD Technical Outlook: On Reversal Alert in the Near-term

USD/CAD is beginning to look like it may reverse here soon, at least in the near-term; keeping an eye on a level from 2020 and the price action in SPX...
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DAX 40 Slips Below Key 12000 Level, First Time in 21 Months

DAX 40 Slips Below Key 12000 Level, First Time in 21 Months

The Index is struggling as rising bond yields and the intensifying energy crises fuel recession worries....
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British Pound Latest: BoE Announces New Bond Buying Program, Sterling Stutters Then Slumps

British Pound Latest: BoE Announces New Bond Buying Program, Sterling Stutters Then Slumps

The Bank of England blindsided the UK gilt market today by announcing a temporary bond-buying program (QE) designed to keep longer-dated bond yields i...
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