• July 19, 2023
  • Market News
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Dollar Index (DXY) Eyes Deeper Recovery with USD/CHF at 12-Year Lows

The DXY looks for a deeper recovery ahead of next week’s FOMC meeting. Will talk of a ‘soft landing’ keep the US Dollar subdued moving forward?...
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  • July 19, 2023
  • Market News
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Australia Roundup: ASX 200 Rises on Weaker AUD, Iron Ore Reversal Potential

The Australian dollar has pared back much of the recent gains when the dollar sold off aggressively. Positive earnings in the US underpin global risk appetite for now...
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  • July 19, 2023
  • Market News
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Japanese Yen Latest: GBP/JPY Slides Lower After UK CPI Miss

The British Pound is weaker against the Japanese Yen after UK inflation came in below market expectations. The GBP/JPY chart is starting to look bearish....
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  • July 19, 2023
  • Market News
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Stock indices continue to rise on solid U.S. earnings and weaker UK CPI

Outlook on FTSE 100, DAX 40 and S&P 500 amid better-than-expected U.S. earnings and slowing UK inflation....
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  • July 19, 2023
  • Market News
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UK (GBP) Breaking News: UK CPI Miss Troubles Pound

GBP weakened against both the USD and EUR this morning after UK inflation figures fell further than expected....
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  • July 19, 2023
  • Market News
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Euro Ahead Euro Area CPI: EUR/USD, EUR/AUD, EUR/JPY Price Setups

The euro is testing the top end of the recent range against some of its peers ahead of the key Euro area inflation data later Wednesday and next week’s key central bank meetings. How EUR/USD, EUR/JPY, and EUR/AUD look?...
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  • July 19, 2023
  • Market News
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Gold Jumps After Tepid US Retail Sales; What’s Next for XAU/USD After Reverse H&S Target Met?

Gold jumped after US retail sales rose less than expected in June which weighed on US Treasury yields and the greenback. How much more for gold to rise?...
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  • July 19, 2023
  • Market News
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Catch-up Gain in Value Sectors Overnight, Focus Remains on US Earnings: DJIA, NZD/USD,GBP/USD

Better-than-expected earnings results from major US banks provided the go-ahead for the Wall Street rally to continue, with some catch-up gains in the value sectors....
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  • July 19, 2023
  • Market News
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New Zealand Dollar Soars as Inflation Beat Drives More RBNZ Tightening Bets

The New Zealand Dollar may rise after stronger local inflation data inspired traders to price in another RBNZ rate hike later this year. Where to for NZD/USD?...
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  • July 19, 2023
  • Market News
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US Dollar Dancing on Horizontal Support ahead of Fed Decision Next Week

After a sharp drop during the first half of the month, the U.S. dollar has stalled in recent days, with prices in consolidation mode around key technical support as traders await new market drivers....
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