• July 27, 2023
  • Market News
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WTI and Brent Take a Pause Ahead of the Fed, Fireworks Ahead?

Oil prices appear to have run out of steam as the recent rally hovered in overbought territory yesterday before a pullback this morning. Will the Fed deliver fireworks later this evening?...
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  • July 26, 2023
  • Market News
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S&P 500, Nasdaq Update: US Stocks Ease Ahead of FOMC Despite Positive Earnings

US equity futures point to a softer start at the open ahead of the FOMC rate announcement. Solid Q2 results from Microsoft and Alphabet unable to lift the index...
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  • July 26, 2023
  • Market News
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British Pound (GBP) Turns Positive: GBP/USD and EUR/GBP Latest

The British Pound is turning higher against the US dollar ahead of the FOMC meeting later today, while the recent EUR/GBP sell off as stalled....
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  • July 26, 2023
  • Market News
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FTSE 100 and Dow Looking Strong but Dax Struggling Again​​​​

Given the major events happening in global markets this week it is perhaps not surprising to see indices relatively muted in early trading, though the FTSE 100 continues to hold on to its gains....
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  • July 26, 2023
  • Market News
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USD/JPY, EUR/JPY Delicately Poised Ahead of Central Bank Week

The Yen enjoyed a slight uptick to start the week. Will the Fed and ECB rate decisions increase the likelihood of FX intervention by the BoJ?...
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  • July 26, 2023
  • Market News
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Could the Fed Trigger a Deeper Retreat in Bitcoin & Ethereum? BTC/USD & ETH/USD Price Action

This week’s drop makes Bitcoin and Ethereum vulnerable to any hawkish tone from the FOMC meeting later Wednesday. What are the key levels to watch in BTC/USD and ETH/USD?...
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  • July 26, 2023
  • Market News
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Crude Oil Price Eases After Solid Rally as US Dollar Eyes the Fed Ahead. Higher WTI?

Crude oil dipped slightly to start Wednesday as the market looks to the Fed meeting later today for hints on the direction of the US Dollar and Treasury yields. Where to for WTI?...
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  • July 26, 2023
  • Market News
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Gold Prices Rise, but Fed Chair Powell Will Likely Keep Life Difficult for XAU/USD

Gold prices took a shot towards the upside heading into the Federal Reserve interest rate decision. While optimistic, Chair Jerome Powell and company may continue making life difficult for XAU/USD....
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  • July 26, 2023
  • Market News
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US Dollar Scenarios Ahead of Fed Rate Decision: EUR/USD, GBP/USD, USD/JPY Price Setups

The US dollar has rebounded slightly against its peers ahead of the key US Federal Reserve interest rate decision later Wednesday. What are the potential scenarios for EUR/USD, GBP/USD, and USD/JPY?...
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  • July 26, 2023
  • Market News
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Australian Dollar Sinks on Benign CPI Data. Where to for AUD/USD?

The Australian Dollar ran lower immediately after headline CPI printed at 6.0% year-on-year to the end of June, taking the heat out of potential hikes by the RBA. Will AUD/USD rally?...
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