• August 23, 2023
  • Market News
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Is the Rally Over in Bitcoin & Ethereum? BTC/USD & ETH/USD Price Setups

The upward pressure has eased in Bitcoin and Ethereum after the recent sharp fall. However, the fall isn’t sufficient to conclude that this year’s rally is over. What is the outlook and the key levels to watch?...
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  • August 23, 2023
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Pound’s Resilience Masks Broader Fatigue: GBP/USD, EUR/GBP, GBP/JPY Setups

GBP has failed to extend gains following strong UK inflation data — a sign that some broader fatigue may have started to take effect. What is the outlook for GBP/USD, EUR/GBP and GBP/JPY?...
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  • August 23, 2023
  • Market News
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Asia Day Ahead: Elevated Yields, Weaker Wall Street Handover Keeps Wait-and-See in Place

Despite a resilient start to the week, Wall Street did not manage to find much follow-through overnight, as elevated Treasury yields and the lack of further heavy-lifting by Nvidia kept a cautious tone in place....
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  • August 23, 2023
  • Market News
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Gold Price Steadies Despite Treasury Yields and US Real Yields Rising. Lower XAU/USD?

The gold price inched higher today as markets consider the consequences of swelling Treasury yields ahead of the Federal Reserve’s Jackson Hole conclave. Where to for XAU/USD?...
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  • August 23, 2023
  • Market News
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Jackson Hole Preview: Where to Next for the Fed?

The Jackson Hole Economic Symposium will be in focus this week as interest rates, inflation and labor markets are likely to be key themes for the Federal Reserve....
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  • August 23, 2023
  • Market News
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S&P 500, Nasdaq Reverse Early Gains as Investors Await Nvidia Results

US stocks started the day on the front foot but pulled back on the early optimism ahead of an important earnings announcement for Nvidia – the darling of the chip stocks...
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  • August 23, 2023
  • Market News
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USD/ZAR Forecast: Rand (ZAR) Firms as BRICS Summit Kicks Off

The Rand (ZAR) benefits with the BRICS summit under way. However, talks of de-dollarisation may be premature but there is a lot on the agenda for the Bloc with expansion plans the key focus....
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  • August 22, 2023
  • Market News
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Euro (EUR) Forecast Latest: Will Flash PMIs Spark Action in EUR/USD, EUR/JPY?

Wednesday’s German and Euro Zone flash PMIs may give the single currency a much needed boost of volatility...
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  • August 22, 2023
  • Market News
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Oil Price Outlook: Modest Chinese Stimulus Triggers Demand Concerns

A string of modest stimulus measures from Chinese policymakers raises doubts over oil demand from the world’s second biggest oil consumer despite softer US Dollar...
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  • August 22, 2023
  • Market News
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Gold (XAU/USD) Rally Gathers Pace but 200-Day MA Could Cap Gains

Spot Gold rallies back above the $1900/oz handle but the 200-day MA lies in wait. Do the Bulls have enough momentum for a break higher?...
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