• June 1, 2024
  • Market News
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Gold Price Forecast: Bears Take Out Key Support, Next Leg Lower May Be Underway

This article solely discusses gold’s near-term technical outlook, analyzing market sentiment and price action dynamics. Potential scenarios that could play out over the coming days are also scrutinized....
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  • May 31, 2024
  • Market News
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US Dollar Weakens After Monthly Inflation Cools, Gold Gains Momentum

US dollar eases, and gold attracts a bid as monthly Core PCE Inflation misses expectations....
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  • May 31, 2024
  • Market News
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USD/JPY Stuck Around 157.00 Ahead of US Inflation Data

Price pressures in Japan are increasing, according to inflation data released today, an encouraging sign for the Bank of Japan as they look to start normalizing policy....
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  • May 31, 2024
  • Market News
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Gold Price Forecast: Bearish Continuation in Play with Key Support Under Threat

This article investigates a bearish trade idea for gold, identifying an important technical support zone that, if broken, could herald a more substantial downward correction....
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  • May 30, 2024
  • Market News
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US Crude Oil Prices Return More Gains As Market Looks To Inventories, OPEC

Uncertainty about the path of interest rates continues to dominate a market not short of likely positives elsewhere...
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  • May 30, 2024
  • Market News
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US Dollar Index Edges Lower, US Q1 GDP Second Estimates Prints at 1.3%

The second look at US Q1 GDP showed the US economy expanding by 1.3%, inline with market expectations....
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  • May 30, 2024
  • Market News
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Gold (XAU/USD) Eyes Support, US GDP and Core PCE on the Horizon

The recent push higher in global bond yields is weighing on the precious metal as two key US economic data releases near....
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  • May 29, 2024
  • Market News
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EUR/USD Latest – ECB Set to Cut Rates Next Week Despite Rising German Inflation

German inflation grew on an annualised basis, data released today showed, but the market still believes that the ECB will start cutting interest rates next week...
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  • May 29, 2024
  • Market News
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British Pound Edges Up Vs USD, Market Looks To US PCE Numbers As Next Big Clue

GBP/USD managed to hold up on Wednesday in Europe despite a sparse data sheet. Still, it’s looking less comfy at the highs...
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  • May 29, 2024
  • Market News
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FTSE 100, DAX 40 and S&P 500 look to be short-term under pressure

​​Outlook on FTSE 100, DAX 40 and S&P 500 amid ‘US rates higher for longer’ spiel....
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