• August 16, 2023
  • Market News
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EUR/USD Price Forecast: Euro Under Pressure on Stout US Economic Data

The euro remains above the 1.09 handle against the USD but could breach below as US fundamental data continues to reflect a robust economy....
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  • August 16, 2023
  • Market News
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Japanese Yen Forecasts: USD/JPY and GBP/JPY Latest Price Outlooks

The Japanese Yen remains on offer, especially against the British Pound. Will Japanese officials begin to ramp up the rhetoric to prevent further Yen weakness?...
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  • August 16, 2023
  • Market News
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AUD Selloff Persists: AUD/NZD, AUD/USD and AUD/JPY Price Setups

Aussie suffers after a slew of disappointing Chinese data. With the RBA on hold, AUD has few bullish drivers...
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  • August 16, 2023
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Stock Indices Continue to Slide on China Growth Worries and Bank Downgrades

Outlook on FTSE 100, DAX 40 and S&P 500 amid lacklustre China growth and possible downgrades of major banks by the ratings agency Fitch...
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  • August 16, 2023
  • Market News
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Gold (XAU/USD) Flirts with $1900 Support as Fed Minutes Loom

Spot Gold briefly traded below the $1900 support level with a daily close below the 200-day MA for the first time since December 2022. A sign of further weakness ahead?...
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  • August 16, 2023
  • Market News
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GBP Breaking News: UK Inflation Remains Sticky, September Hike Likely

GBP prices have gained traction after the UK CPI report surprised to the upside on several metrics....
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  • August 16, 2023
  • Market News
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Crude Oil Collapses as China Woes and US Dollar Strength Take its Toll

Crude oil prices broke lower yesterday and has underperformed today as developments out of China has risk assets on the backfoot amidst US Dollar reclaiming the upper hand. Lower WTI?...
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  • August 16, 2023
  • Market News
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Euro Ahead of Euro Area GDP, FOMC Minutes: EUR/USD, EUR/AUD, EUR/GBP Price Setups

EUR is testing key levels against some of its peers ahead of the release of Euro area GDP data (due later today) and the FOMC minutes (due Thursday). What is the outlook for EUR/USD, EUR/GBP, and EUR/AUD?...
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  • August 16, 2023
  • Market News
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New Zealand Dollar Spiked After the RBNZ Left its Cash Rate Alone at 5.50%. Higher NZD/USD?

The New Zealand Dollar jumped immediately after the RBNZ announced that they left rates unchanged 5.50% for the second meeting in a row. Will NZD/USD break back up and into the range?...
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  • August 16, 2023
  • Market News
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S&P 500 Below 50-day MA, VIX up 11% as Market Caution Persists: S&P 500, NZD/USD, GBP/USD

The pull-ahead in US retail sales validates soft landing hopes but also leaves room for rates to be kept high for longer, with market sentiments seemingly placing their focus on the latter....
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