• September 13, 2023
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GBP Breaking News: UK Growth Contracts Leaving Pound on Offer

GBP prices extended its decline today after UK GDP disappointed. Cable now looks to US CPI for guidance....
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  • September 13, 2023
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Asia Day Ahead: Eyes on US CPI ahead, Brent crude prices at new 10-month high

Focus for US CPI will be on whether a softer core inflation read will be sufficient for the Fed to keep rates on hold ahead, despite a resurgence in headline pricing pressures....
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  • September 13, 2023
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British Pound Ahead of UK GDP: GBP/USD, EUR/GBP, GBP/JPY Setups

GBP is testing crucial support against the US dollar ahead of UK GDP data due later Wednesday. Which way is the tide for GBP/USD, EUR/GBP and GBP/JPY?...
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  • September 13, 2023
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Gold Price Slips as US Dollar Recovers Ahead of US CPI. Lower XAU/USD?

The gold price edged lower overnight as the market contemplates US Dollar direction and US CPI with the potential to impact Treasury and real yields. Is XAU/USD range bound for now?...
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  • September 13, 2023
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Australian Dollar Outlook: AUD/USD Falls, Yet Bullish Double Bottom Holds Promise

AUD/USD was muted on Tuesday, unable to consolidate Monday’s gains, but continued to forge a double bottom pattern that may have bullish implications for the exchange rate if confirmed....
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  • September 13, 2023
  • Market News
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US Dollar Up as Oil Soars, Nasdaq 100 Dips Pre-US CPI – How to Trade Inflation?

The U.S. dollar rebounds after steep losses at the beginning of the week. Meanwhile, the Nasdaq 100 slides, unable to consolidate Monday’s gains as traders await the U.S. inflation report for August, which could set the tone for financial markets....
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  • September 13, 2023
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Euro Outlook: EUR/USD Struggles for Traction Ahead of Major Event Risk

The euro failed to take advantage of a narrow window ahead of US CPI data which is anticipated to rise, providing a potential lift for USD. ECB decision on Thursday...
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  • September 12, 2023
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USD/ZAR Price Forecast: Rand Stumbles Ahead of US CPI

ZAR prices fell against the US dollar on Tuesday as markets prepare for US CPI that could remain sticky. Rand traders cautiously await a US data-filled week....
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  • September 12, 2023
  • Market News
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Japanese Yen Selloff Resumes: USD/JPY, EUR/JPY Eye Further Upside

USD/JPY, EUR/JPY Resume their run higher following a brief pause yesterday. Despite comments from BoJ Governor Ueda any change in monetary policy remains some way off as wage growth remains the key....
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  • September 12, 2023
  • Market News
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Brent and WTI Oil Push Higher After OPEC Maintains Growth Forecasts

OPEC’s monthly report highlighted no changes to this year and next year’s oil demand growth (2.4mbpd and 2.2 mbpd) but did raise its estimate of non-OPEC supply...
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