• October 11, 2023
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USD/ZAR Price Forecast: Rand Approaches Key Support as FOMC Minutes Looms

Rand prices rallied on higher commodity prices and dovish Fed sentiments in spite of a US PPI beat. FOMC minutes and further Fed speak will be in focus later today....
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  • October 11, 2023
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Gold (XAU/USD), Silver (XAG/USD) Latest – Haven Bid, Lower US Bond Yields Fuel Move Higher

Gold and silver continue to move higher as flight-to-safety flows and lower US Treasury yields provide fertile ground for the precious metals...
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  • October 11, 2023
  • Market News
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Euro Price Outlook: Weak Euro Buoyed by Dollar Selloff, Lower Yields

The euro has encountered numerous challenges but the recent dollar selloff extends the relief rally seen in EUR/USD. EUR/GBP vulnerable to further decline ahead of UK GDP...
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  • October 11, 2023
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FTSE 100, DAX 40 and S&P 500 Trade Within or Close to Key Resistance

​​Outlook on FTSE 100, DAX 40 and S&P 500 as more Fed voting members hold dovish views....
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  • October 11, 2023
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USD/CAD Price Forecast: Loonie Pauses on Upcoming US Drivers

USD/CAD prices were positive this Wednesday morning but US PPI, FOMC minutes and Fed speak will provide a volatile environment for the pair....
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  • October 11, 2023
  • Market News
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British Pound Ahead of US CPI: GBP/USD, EUR/GBP, GBP/AUD Price Setups

After weeks of losses, GBP is attempting to rebound as Fed rate hike expectations scale back ahead of the key US inflation and UK GDP data. What is the trend in GBP/USD, EUR/GBP and GBP/AUD?...
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  • October 11, 2023
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Australian Dollar Pauses as US Dollar Sinks on a Dovish Fed. Will AUD/USD Reverse?

The Australian Dollar might be at a crossroads after more Fed commentary reiterated the case for a less hawkish stance. Equity markets got a boost, but uncertainty lingers. Lower AUD/USD?...
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  • October 11, 2023
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Japanese Yen Aided by Fed Pause View, Geopolitics; USD/JPY, GBP/JPY, AUD/JPY

Dovish comments from Fed officials coupled with the violence in Israel and Gaza have put a lid on US Treasury yields, boosting JPY. What is the outlook and what are the key levels to watch in USD/JPY, AUD/JPY and GBP/JPY?...
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  • October 11, 2023
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US Dollar Faces Reversal Risk Ahead of Inflation Report as DXY Breaks Key Trendline

The US Dollar is not off to a great start this week so far ahead of the highly anticipated inflation report. Will CPI data add further fuel to what appears to be a brewing reversal unfolding in DXY?...
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  • October 11, 2023
  • Market News
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Australian Dollar Forecast: AUD/USD Takes on Trendline Resistance. What’s Next?

This article focuses on AUD/USD’s near-term outlook from a technical standpoint, dissecting vital price levels that might function as resistance or support in the coming trading sessions....
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