• August 16, 2023
  • Market News
  • Comments : 0

EURUSD Bounces Back Above 1.09 Despite US Shoppers’ Vigor

A holiday thinned European FX market clearly decided that the Euro had suffered enough for the moment...
Read More
  • August 16, 2023
  • Market News
  • Comments : 0

USD/CAD Retreats Following Hot Canadian Inflation Data

The Bank of Canada may have to rethink their path regarding rate hikes following a hotter than expected inflation print. USD/CAD Upside Rally Stalls at the 1.3500 handle....
Read More
  • August 15, 2023
  • Market News
  • Comments : 0

USD/ZAR Price Forecast: Rand Whacked Despite Promising SA Unemployment

ZAR prices continue to fall as external global factors weigh on EM currencies....
Read More
  • August 15, 2023
  • Market News
  • Comments : 0

Oil Price Latest: Market Slips Lower on China Slowdown Fears

China cut its one-year lending rate by 15bps to 2.50% today, sparking fears that the Chinese economy is struggling...
Read More
  • August 15, 2023
  • Market News
  • Comments : 0

Gold Price Outlook: Higher US Yields, Dollar Send Gold to 6-Week Low

With US 10-year treasury yields rising steadily and the dollar benefitting as a result, gold appears out of favour. Strong US data prolongs the need to keep rates elevated...
Read More
  • August 15, 2023
  • Market News
  • Comments : 0

Finance Minister Suzuki Sticks to Script as EUR/JPY, USD/JPY Advance

apanese Finance Minister Suzuki sounded more like a record on repeat with comments around FX intervention this morning. The comments came on the back of a 3rd straight quarter of expansion....
Read More
  • August 15, 2023
  • Market News
  • Comments : 0

FTSE 100, Dow and Hang Seng All Come Under Pressure

​Indices have slipped back following more poor data from China....
Read More
  • August 15, 2023
  • Market News
  • Comments : 0

USD Price Forecast: DXY Trades at Key Inflection Point, Retails Sales to Come

US retail sales could supplement the dollar’s recent rally as the Dollar Index (DXY) eyes the 200-day moving average....
Read More
  • August 15, 2023
  • Market News
  • Comments : 0

BoE Faces Pressure Following Average Earnings Spike as Unemployment Rises, GBP/USD Bid

UK unemployment rises to levels last seen in late 2021. Average earnings touted as key by the BOE smashed estimates and is likely to add pressure on the Central Bank to keep its foot on the rate hike pedal....
Read More
  • August 15, 2023
  • Market News
  • Comments : 0

Australian Dollar Defies Gravity with Action Out of China, the PBOC and Japan

The Australian Dollar initially dipped lower before rallying as the US Dollar paused in its recent run-up while Chinese data showed a fragile economy needing stimulus. Higher AUD/USD?...
Read More
1 … 164 165 166 … 437