• October 5, 2023
  • Market News
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Gold Price Forecast: Will US Job Data Serve to Deepen XAU/USD’s Bearish Trend?

In this article, we conduct an in-depth analysis of gold’s outlook from a fundamental and technical standpoint. We cast our gaze upon key market drivers that hold relevance for bullion and dissect important price levels worth watching this week....
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  • October 4, 2023
  • Market News
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US Breaking News: Services Sector Expands but ‘New Order’ Concerns Emerge

The ISM services PMI report confirmed an expansion for the largest sector in the US economy. Increased business activity outshines notable drop in new orders...
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  • October 4, 2023
  • Market News
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British Pound (GBP) Latest: GBP/USD Boosted by PMI Beat, Can It Hold?

Sterling is picking itself up from multi-month lows against the US dollar, buoyed by a better-than-expected S&P services report and weak US ADP data....
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  • October 4, 2023
  • Market News
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Euro Price Setups after PMI, FX Intervention? EUR/USD, EUR/GBP, EUR/JPY

The euro continues to slide despite rising Bund yields as PMI data hints at a German recession. FX markets are on edge after suspected intervention to bolster the yen...
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  • October 4, 2023
  • Market News
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Nikkei 225, FTSE 100 and S&P 500 Continue to Free Fall​​​

​​Outlook on Nikkei 225, FTSE 100 and S&P 500 amid rising US yields, a strong greenback and tight US labour market....
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  • October 4, 2023
  • Market News
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XAU/USD Price Forecast: Gold Dulls Further on Soaring Real Yields

Gold prices look to Fed speak & ISM services PMI for guidance and whether or not bears can take XAU/USD down towards the $1800/oz mark....
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  • October 4, 2023
  • Market News
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Asia Day Ahead: USD/JPY Firm Despite Potential Intervention, NZD/USD at 3-Week Low

US Treasury yields continued with their ascent overnight, with the US 10-year yields at 4.8%. Aside, the VIX is at its four-month high, hovering just below its key 20 level....
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  • October 4, 2023
  • Market News
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Australian Dollar Forecast: AUD/USD in Freefall as US Yields Vault to New Heights

In this article, we assess AUD/USD from a technical perspective, focusing on pivotal price levels and scrutinizing shifts in market positioning that can offer instructive hints about the pair’s outlook....
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  • October 4, 2023
  • Market News
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Japanese Yen Forecast: USD/JPY Hit by Potential FX Intervention. Will Bulls Reload?

In this article, we conduct a thorough assessment of USD/JPY, taking into consideration both fundamental and technical analysis. We also examine critical variables that may spark volatility in the coming trading sessions....
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  • October 3, 2023
  • Market News
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Gold on Track for Seventh Day of Declines, Silver Tests Support

Precious metals have felt the brunt of higher yields and interest rates. Gold and silver had previously resisted gravity but appear to have finally given way...
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