• August 15, 2023
  • Market News
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Gold Price Loses its Lustre as the US Dollar and Treasury Yields Climb. Lower XAU/USD?

The gold price slide continues today as markets assess the consequences of a rising US Dollar and Treasury yields. China’s outlook is under the microscope and could impact XAU/USD....
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  • August 15, 2023
  • Market News
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Market relief in Wall Street amid China’s jitters: Russell 2000, Straits Times Index, AUD/USD

Wall Street managed to start the week higher, tapping on some recovery in big tech and semiconductors to override earlier jitters around China’s property and financial sector risks....
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  • August 15, 2023
  • Market News
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Japanese Yen (JPY) Clobbered To New ’23 Lows; Skirts ‘Intervention Zone’

The Japanese Yen has weakened on a combination of domestic and global factors, to the point where the BoJ has intervened in the past...
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  • August 15, 2023
  • Market News
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S&P 500, Nasdaq Update: US Stocks Resilient Despite Tesla’s China Woes

US stocks edge higher despite a number of headwinds: higher 10-year yields, US dollar and news of Tesla’s discounted offering in China seeing the stock gap lower...
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  • August 14, 2023
  • Market News
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EUR/GBP, GBP/USD Remain Rangebound as GBP Faces a Defining Week

The Pound heads into the new week having seen consolidation for the majority of August. Inflation and employment data lie ahead and could give the GBP a directional nudge....
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  • August 14, 2023
  • Market News
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Gold (XAU/USD) Slipping into Multi-Week Support, Volatility Remains Low

Gold is struggling to hold a zone of support and if this is broken the precious metal could see further short-term losses...
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  • August 14, 2023
  • Market News
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FTSE 100 Hit by Selling, but Dax and Nasdaq 100 Show Signs of Stabilising

In London the FTSE 100 has struggled in early trading, but elsewhere indices have seen some early buying after recent losses....
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  • August 14, 2023
  • Market News
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EUR/USD Eyes Short-Term Retracement as DXY Runs Into Confluence Area

EUR/USD struggled at the back end of last week and that bled over into the Asian session. However, following the European open a short-term retracement is gaining traction. Is it sustainable though?...
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  • August 14, 2023
  • Market News
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Japanese Yen Hits New Lows as US Dollar Flexes on Higher Treasury Yields

The Japanese Yen pierced prior lows with the US Dollar reclaiming the high ground on lofty Treasury yields and risk assets tumbling as China woes continue. Will USD/JPY make a new peak?...
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  • August 14, 2023
  • Market News
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Is Nasdaq Following Gold’s Footsteps? NDX, XAU/USD Price Setups

Growing similarities on the charts of the Nasdaq 100 index and gold suggest the former could be in for some consolidation/minor retreat in an environment of rising real yields. What are the key levels to watch in the Nasdaq 100 index and XAU/USD?...
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