• September 6, 2023
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USD Breaking News: Dollar Bid on US ISM Services PMI Beat

The US dollar clawed back some lost gains after ISM services PMI’s reinforced higher inflationary pressures. EUR/USD now heading towards 1.07....
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  • September 6, 2023
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British Pound: GBP/USD and EUR/GBP Latest Updates

The British Pound is struggling to hold its own against a strong US dollar but is gaining on a weakening Euro...
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  • September 6, 2023
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Japanese Yen and Nikkei on the Move as Officials Send Latest Warning

The Japanese yen nervously depreciates to levels that could trigger another round of FX interventions after officials communicate disconnect between rate and fundamentals...
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  • September 6, 2023
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European Indices Slide on Weak Eurozone PMIs: FTSE 100, DAX 40, S&P 500

​​Outlook on FTSE 100, DAX 40 and S&P 500 amid rising oil price and yields....
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  • September 6, 2023
  • Market News
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XAU/USD Price Forecast: Gold On the Cusp of Another Breakdown

Gold prices could be in for more pain as oil prices add to reflation worries. XAU/USD now looks to US ISM services PMI....
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  • September 6, 2023
  • Market News
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Euro Slides as US Dollar Dominates Again on Lofty Treasury Yields. Lower EUR/USD?

The Euro sunk to new lows after the US Dollar ascendency got back on track, boosted by rising Treasury yields and high energy prices. If WTI goes higher, where to for EUR/USD?...
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  • September 6, 2023
  • Market News
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Crude Oil Attempts to Clear a Tough Barrier; Natural Gas Risks Further Losses

Crude oil is in the process of breaking above a crucial hurdle. However, the five-month-long feeble uptrend in natural gas is breaking down. What is the outlook and what are the key levels to watch?...
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  • September 6, 2023
  • Market News
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Asia Day Ahead: Australia’s GDP Outperforms, Nikkei Eyeing Break of Bullish Flag

US indices started the week on a more subdued tone, with a jump in oil prices to a new 10-month high not providing much reassurances for the global inflation outlook....
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  • September 6, 2023
  • Market News
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Australian Dollar Falls as GDP Slows; How Much More Downside for AUD/USD?

AUD after the Australian economy slowed in the second quarter, reinforcing the view that the RBA is done with hiking interest rates. What is the outlook for AUD/USD?...
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  • September 6, 2023
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US Dollar Soars as Yen Sinks on Burgeoning Yield Differential. Higher USD/JPY?

The US Dollar raced to new heights overnight with Treasury yields pushing north, exasperating the spread to JGBs. If the gap widens, will USD/JPY make a new peak?...
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