• October 12, 2023
  • Market News
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USD/JPY Price Forecast: Yen Wary on US CPI Forecasts

USD/JPY looks to US CPI for help in terms of the Fed’s interest rate cycle moving forward, while Yen bulls keep a close eye on the 150 resistance level....
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  • October 12, 2023
  • Market News
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UK Breaking News: Monthly GDP Returns to Growth in August, GBP Lower

UK GDP in August showed a recovery from July, posting a 0.2% increase on last month. July’s monthly contraction was revised lower from -0.5% to -0.6%...
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  • October 12, 2023
  • Market News
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Crude Oil Gaps Lower as Stockpiles Build and Fed in Focus Ahead of US CPI. Lower WTI?

Crude oil gave up recent gains going into today’s session on API data and a US Dollar that might be at a crossroads with Fed Speakers and FOMC minutes less hawkish. Where to for WTI?...
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  • October 12, 2023
  • Market News
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Is Euro’s Downtrend Over? EUR/USD, EUR/AUD, EUR/NZD Price Setups

The euro appears to have garnered some cushion for now, thanks to the apparent shift in Fed rhetoric. The question then comes up is this a game changer for EUR/USD? What about EUR/AUD and EUR/NZD?...
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  • October 12, 2023
  • Market News
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US Dollar Slides on Fed Tilt but CPI Fears Linger. Will Treasury Yields Go Lower?

The US Dollar has been losing ground this week as the market ponders the outlook for the Federal Reserve after less hawkish commentary and FOMC minutes. Will USD sink further?...
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  • October 12, 2023
  • Market News
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USD/CAD Looks Set to Arrest 4-Day Slump, Finding Support at the 20-Day MA

USD/CAD on course to snap a four-day losing streak ahead of US inflation data. Will US Inflation provide fresh impetus for the DXY with another increase or is a drop on the cards?...
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  • October 12, 2023
  • Market News
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Crude Oil Price Forecast: Bears Reload but Energy Market Outlook Stays Positive

The attack on Israel has the potential to lead to upward pressure on oil prices in the near term, especially if irrefutable evidence surfaces linking Iran to the acts of terrorism witnessed over the past weekend....
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  • October 12, 2023
  • Market News
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EUR/USD Stalls at Channel Resistance, AUD/USD Rejected, Fed Minutes a ‘Non-Event’

This article provides an extensive examination of EUR/USD and AUD/USD from a technical perspective, investigating essential factors that are likely to drive price changes in the upcoming trading sessions....
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  • October 12, 2023
  • Market News
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Japanese Yen Price Action Setups: USD/JPY, GBP/JPY

USD/JPY Struggles for conviction ahead of the Fed Minutes release and US CPI tomorrow. The GBP has found legs on the back of hawkish comments from MPC member Katherine Mann. A return to the YTD High on the cards?...
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  • October 11, 2023
  • Market News
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GBP/USD Price Outlook: Cable on Track for Sixth Daily Gain Ahead of UK GDP

Cable’s pullback extends as the US dollar remains vulnerable. A more dovish tilt from the Fed has let a lot of steam out of the hot greenback...
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