• October 19, 2023
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US Dollar (DXY) Driven Higher by Soaring Bond Yields, Fed Chair Powell Up Next

The US dollar is benefitting from weakness in the US Treasury complex that has seen yields pushed to multi-year highs. Later in the session, the thoughts of Fed Chair Powell....
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  • October 19, 2023
  • Market News
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Euro Price Update: Fed Speakers to Guide EUR/USD, EUR/GBP Rises

The euro is showing signs of resilience as it attempts to arrest the decline in EUR/USD but expect Fed speakers to guide short-term moves. EUR/GBP rises...
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  • October 19, 2023
  • Market News
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Dow, Nasdaq 100 and Nikkei 225 Come under Fresh Pressure​​​​

Risk aversion has gripped indices, prompting further losses for global stock markets....
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  • October 19, 2023
  • Market News
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GBP/USD Price Forecast: Pound Exposed Ahead of Powell

GBP prices are on offer as risk aversion gains traction across FX markets. Fed Chair Powell will be watched later today for any insights into monetary policy going forward....
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  • October 19, 2023
  • Market News
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Bitcoin, Ethereum Trends Diverge; BTC/USD & ETH/USD Price Setups

Bitcoin is taking on key resistance while Ethereum is looking vulnerable. What is the outlook and what are the key levels to watch in BTC/USD and ETH/USD?...
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  • October 19, 2023
  • Market News
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Japanese Yen Teeters Near New Lows as Risks Accelerate Globally. Higher USD/JPY?

The Japanese Yen appears poised for a move with the US Dollar regaining some ascendency today with Treasury yields leaping yet again. If USD/JPY breaks higher, will the BoJ intervene?...
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  • October 19, 2023
  • Market News
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US Indices Ahead of Powell; S&P 500 & Nasdaq Price Setups

US equity indices will be looking for cues from Powell who is scheduled to speak later Thursday. S&P 500 and Nasdaq have retreated from key resistance. Is the rebound over?...
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  • October 19, 2023
  • Market News
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Australian Dollar Drops on Mixed Jobs Data Ahead of CPI. Where to for AUD/USD?

The Australian Dollar slipped lower after employment data today revealed a tighten unemployment rate assisted by a lower participation rate. The RBA is now the focal point....
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  • October 19, 2023
  • Market News
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Euro Forecast: EUR/USD Hindered by Resistance, EUR/AUD Still in Bullish Trend

This article takes a detailed look at EUR/USD and EUR/AUD’s prospects, incorporating insights from fundamental and technical analysis to ensure traders are well-prepared for the days ahead....
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  • October 19, 2023
  • Market News
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Gold (XAU/USD) Hits $1950/oz on Risk Aversion as Middle East Tensions Intensify

Gold has been the biggest beneficiary from the tension in the Middle East which seems to have reignited the precious metals safe-haven appeal. Where to from here?...
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