• November 10, 2023
  • Market News
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Gold (XAU/USD) Slips Lower After Fed Powell’s Warning, UST 30-Year Bond Sale Flop

Fed Chair Powell reminded the market yesterday that the US central bank would hike interest rates again if needed, while Thursday’s US long-bond auction misfired badly...
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  • November 10, 2023
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​​​FTSE 100, S&P 500 and Russell 2000 Come off this Week’s Highs on Hawkish Fed Comments​​​

​​Outlook on FTSE 100, S&P 500 and Russell 2000 as Fed Chair Jerome Powell states that that it is too early to definitely announce the conclusion of the central bank’s hiking cycle....
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  • November 10, 2023
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RBA Minutes Reveal the Prospect of Another Hike, AUD Fails to Respond

The RBA discussed a pause during the November meeting but decided a hike would provide more assurance on inflation. Latest forecast suggests room for one more hike...
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  • November 10, 2023
  • Market News
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GBP Breaking News: 0% Growth for UK in Q3

GBP prices depreciated marginally against the USD after UK GDP highlighted the tough environment facing the UK economy....
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  • November 10, 2023
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Crude Oil, Mexican Peso Forecast: WTI Eyes $75 Level, Banxico Pivots

WTI crude oil prices are edging toward the $75.00 level.. Israel’s decision to enact a cease fire for humanitarian aid has reduced geopolitical risks in the Middle East, exacerbating downward pressure in the energy market....
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  • November 10, 2023
  • Market News
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US Dollar Flies on Hawkish Powell – Setups on EUR/USD, USD/JPY, AUD/USD, Gold

The U.S. dollar rallies on rising U.S. yields and hawkish comments from the Federal Reserve chairman, complicating the outlook for the euro, Japanese yen and Australian dollar....
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  • November 10, 2023
  • Market News
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Oil Price Forecast: WTI Eyeing a Rebound After Slipping Below 200-Day MA

Oil prices may be eyeing a recovery despite the worsening global outlook and rising demand concerns. Will Bulls be able to drive a retest of the $80 a barrel mark?...
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  • November 10, 2023
  • Market News
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Gold, Silver Prices Perk Up, Palladium in Freefall, Key Levels for XAU/USD, XAG/USD

This article examines the near-term outlook for gold and silver prices, analyzing the fundamental and technical factors that could guide the trajectory of these key precious metals....
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  • November 10, 2023
  • Market News
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EUR/USD Price Forecast: FED, ECB President to Facilitate a Move Toward 1.0800?

EURO Bulls eye a return to the 1.0800 mark as price action looks promising. Will the ECB or FED President provide a catalyst or will it be a grind higher?...
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  • November 10, 2023
  • Market News
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Pound Update: Sterling Eases Ahead of UK GDP Report

Sterling has eased ahead of Q3 UK GDP data tomorrow and continues to exhibit few, if any, bullish drivers...
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