• July 31, 2023
  • Market News
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GBP Price Forecast: Pound Readies for BoE

GBP has been on the backfoot of recent against both the EUR and USD but with a likely hike from the BoE this week, the pound may find its footing once more....
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  • July 31, 2023
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Japanese Yen After YCC Tweak; Has the Trend Changed in USD/JPY, AUD/JPY, EUR/JPY?

The Japanese yen reversed its gains sharply toward the end of last week as the market digested BOJ’s yield curve control tweak. Has the trend changed in USD/JPY, AUD/JPY, and EUR/JPY?...
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  • July 31, 2023
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US Dollar Gains as Yields in JGB and Treasury Markets Rise. Where to for USD?

The US Dollar grabbed the higher ground again today with Treasury yields joining JGBs at a higher level. A firm China PMI read also helped growth-aligned assets in the region. Higher DXY?...
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  • July 31, 2023
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All eyes on China with subdued PMI and more stimulus measures: US dollar, Hang Seng Tech Index, AUD/USD

China’s still-weak PMI read may justify recent efforts by authorities to lift China’s growth picture, as market participants look towards more measures to boost consumption later today....
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  • July 31, 2023
  • Market News
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Australian Dollar Blipped Up on China Data. Will AUD/USD Continue to Recover?

The Australian Dollar skipped higher immediately after China’s primary manager’s index (PMI) data outperformed estimates before retreating. The RBA lies ahead. Will they hike or not?...
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  • July 31, 2023
  • Market News
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Markets Week Ahead: US Dollar, Euro, Japanese Yen, Australian Dollar, RBA, NFPs

The US Dollar mostly outperformed this past week as the Euro and Japanese Yen fell. Ahead, eyes are on the RBA for the Australian Dollar and US non-farm payrolls data for the Dow Jones....
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  • July 29, 2023
  • Market News
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Crude Oil Forecast: Attention Shifts to OPEC Production Cuts

Brent crude oil prices look to next week with forward momentum as markets await further information from OPEC their production projections for September....
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  • July 28, 2023
  • Market News
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USD/ZAR Shrugs Off Resurgent Dollar, Eyes Break of 17.50 Support

The recent Dollar resurgence has failed to Hamper the South African Rand. Is this the start of a longer-term downtrend for USD/ZAR?...
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  • July 28, 2023
  • Market News
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Fed’s Favorite Inflation Gauge Slows More than Expected in June, US Dollar Subdued

U.S. personal consumption expenditures accelerated in June, but core PCE inflation surprised slightly to the downside, creating a complex backdrop for the U.S. dollar....
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  • July 28, 2023
  • Market News
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Gold, Silver Look for Support After Strong US Growth Propels the Dollar Higher

A massive upside beat in second quarter GDP out of the US left the door open for USD bulls to drive the market higher. Metals now trade lower ahead of the weekend...
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