• August 10, 2023
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High Real Yields Starting to Bite Gold? XAU/USD Price Setup Ahead of US CPI

Higher real rates could be starting to finally weigh on gold prices. What is the outlook for XAU/USD and what are the key levels to watch?...
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  • August 10, 2023
  • Market News
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Lead-up to US CPI Release Keeps Sentiments in Check: US dollar, Hang Seng Index, Brent Crude

Wall Street continued its decline for the second straight day, as market participants de-risk in the lead-up to the upcoming US CPI release....
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  • August 10, 2023
  • Market News
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Pressured British Pound Holds On Above $1.27 As US CPI Data Loom

A lack of domestic news saw the Pound lack direction on Wednesday but there’s plenty coming and its near-term downtrend looks hard to shake...
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  • August 10, 2023
  • Market News
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Gold, Silver Techs: Precious Metals Ease Despite Softer USD, Yields

Gold approaches the 200-day SMA ahead of tomorrow’s US CPI print. Silver on the other hand, has already crossed the trend filter, opening up further downside risk...
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  • August 10, 2023
  • Market News
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Oil Testing Fresh Multi-Month Highs, EIA Crude Oil Data

The price of oil is touching fresh multi-month highs as markets continue to price in a soft landing in the US....
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  • August 9, 2023
  • Market News
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Euro Outlook Improves on Bank Tax Clarity: EUR/USD, EUR/JPY, EUR/AUD

Euro assets are responding well this morning after Italian authorities clarified that yesterday’s windfall tax on banks will not amount to more than 0.1% of total bank assets...
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  • August 9, 2023
  • Market News
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FTSE 100, Dax and Dow Move Higher in Early Trading

Indices staged a recovery yesterday, with some cautious gains seen in indices this morning....
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  • August 9, 2023
  • Market News
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British Pound (GBP) Latest: EUR/GBP and GBP/NZD Outlooks

EUR/GBP remains rangebound while GBP/NZD continues to push higher as traders wait for Friday’s UK GDP data...
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  • August 9, 2023
  • Market News
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Australian Dollar Finds Footing Despite Evolving China Concerns. Is AUD/USD Range Bound?

The Australian Dollar eked out a small gain today against a backdrop of underwhelming China data and ongoing concerns for global growth. If markets kick off again, will AUD/USD test lower?...
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  • August 9, 2023
  • Market News
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US Dollar Climbs as Risks Swirl and Sterling Struggles for Traction. Lower GBP/USD?

The US Dollar ascendency got back on track in the last few sessions as traders and investors sought safety in bonds with risk assets coming under pressure. Will GBP/USD break lower?...
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