• August 30, 2023
  • Market News
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Gold (XAU/USD) and Silver (XAG/USD) Post Multi-Week Highs

Gold and silver continue to benefit from falling US Treasury yields after this week’s JOLTs data suggests that the US labor market is starting to weaken...
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  • August 30, 2023
  • Market News
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Stocks Resume Their Bullish Run; FTSE 100, Nasdaq 100, Dow Jones

​​Outlook on FTSE 100, Dow and Nasdaq 100 as hopes of the Fed moving away from its tightening path grow....
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  • August 30, 2023
  • Market News
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Japanese Yen Price Action Setups: USD/JPY, GBP/JPY Key Levels Identified

USD/JPY, GBP/JPY post recovery in the Asian session as BoJ Board member Tamura spoke. His comments were largely construed as dovish in nature and added renewed selling pressure on the Yen. Where to Next?...
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  • August 30, 2023
  • Market News
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Euro’s Downside Cushioned Ahead of Euro Area CPI, US PCE: EUR/USD, EUR/GBP Action

EUR is attempting to recover some lost ground ahead of Euro area inflation data and US core PCE price index data due Thursday. Will it last? EUR/USD and EUR/GBP price setups....
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  • August 30, 2023
  • Market News
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Asia Day Ahead: Weak US Data Cooled Rate Bets; Australia inflation Below Expected

Wall Street took comfort from several downside surprises in US macro data overnight, with the data taming some rate hike bets and saw US Treasury yields decline....
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  • August 30, 2023
  • Market News
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Australian Dollar Falls After CPI Miss; Which Way for AUD/USD, AUD/JPY?

AUD fell after Australia consumer price inflation moderated more than expected last month. What does it mean for AUD/USD’s trend and what are the key levels to watch in AUD/JPY?...
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  • August 30, 2023
  • Market News
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Bitcoin Soars on Grayscale’s Legal Victory over SEC. What’s Next for BTC/USD?

Bitcoin staged a vigorous rally after the U.S. Court of Appeals for the DC Circuit delivered a significant setback to the SEC’s attempt to stymie Grayscale’s attempt to launch a cryptocurrency ETF....
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  • August 30, 2023
  • Market News
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USD/JPY Rejected at Channel Resistance, Nasdaq 100 Comes Alive as US Yields Tank

Disappointing U.S. economic data exerted downward pressure on U.S. Treasury yields, triggering a bearish turnaround in USD/JPY while propelling the Nasdaq 100 higher....
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  • August 30, 2023
  • Market News
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USD/ZAR Outlook: ZAR Buoyed by Declining US Sentiment, Job Openings

The dollar retreated towards the end of the London trading session, extending USD/ZAR selling. ZAR remains sensitive to Chinese manufacturing data out on Thursday...
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  • August 29, 2023
  • Market News
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Euro (EUR) Latest: EUR/USD Struggles Continue, EUR/JPY Eyes a Fresh Multi-Year High

EUR/USD is back above 1.0800 in early trade but the pair is testing the previously supportive 200-day simple moving average....
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