Market News

Aussie growth stalls in Q1, growing just 0.1% as household spending falters. AUD/USD holds steady for now, with key support and resistance levels identified ahead of NFP...

US dollar setups come into focus as data weakens. EUR/USD awaits ECB cut, AUD/USD eyes lower levels on waning risk appetite, and USD/CHF flashes overheating signals after a sharp drop...

Bitcoin is currently stuck in a sideways pattern unable to break above $70k. BTC/USD is now starting to press this level again and may be priming for another run at an all-time high....

A weaker US dollar has struggled to propel commodity prices higher as gold and silver head lower. Oil markets sink on news of supply returning later this year...

The US dollar fell Monday after data showed ongoing weakness in the US manufacturing sector, pushing USD/JPY to a two week low....

Euro in focus ahead of the highly likely ECB rate cut. Euro positioning has improved in recent weeks and softer US data could improve the outlook for the single currency...

The latest ISM Report missed forecasts, and last month’s reading, as manufacturing activity in the US contracted for the 18th time in the last 19 months....

Cable is struggling to move higher despite positive UK manufacturing data. The dollar remains better bid and this is driving GBP/USD lower....

Oil attempts to find support after OPEC+ extended output cuts into 2025. Oil prices attempt to make a recovery after multiple days of losses...

The ECB is fully expected to start cutting interest rates on Thursday while the monthly US NFPs follow the next day....