• July 18, 2023
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British Pound Ahead of UK CPI: GBP/USD, EUR/GBP, GBP/JPY Price Action

The British pound is holding on to its recent gains ahead of the key UK inflation data as speculative long GBP positioning is at its highest level since 2014. How do GBP/USD, GBP/AUD, and EUR/GBP look?...
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  • July 18, 2023
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Sentiment Awaiting Cues from Key US Earnings Releases Ahead: Brent crude, AUD/JPY, Natural Gas

Wall Street started the new trading week on a positive footing, as risk appetite rose ahead of several key earnings releases this week....
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  • July 18, 2023
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Crude Oil Price Rolls Over on China Growth Woes and Libya Re-open. Lower WTI?

Crude oil prices are teetering lower after China’s GDP missed estimates and Libya reopened several oil fields. WTI has retreated back into the range, will this pattern persist?...
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  • July 18, 2023
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S&P 500 Outlook: Make or Break Week for Stocks ahead of Netflix, Tesla Earnings

The S&P 500 begins the week on the front foot, notching its best close in 2023 ahead of this week’s key corporate earnings reports, which include results from Netflix and Tesla....
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  • July 18, 2023
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Gold Recovery Runs Out of Fuel Ahead of US Retail Sales. What Now for XAU/USD?

Gold prices lose momentum after last week’s explosive rally as traders await key U.S. macroeconomic data that may provide insight into consumer spending and the state of the broader economy....
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  • July 18, 2023
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USD/CNH, Copper Outlook: Worrisome Chinese Data Takes Hold

Lackluster Chinese Q2 GDP data paints a worrying picture for Chinese related assets including copper. USD/CNH bullish momentum in doubt after US dollar selloff...
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  • July 17, 2023
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UK CPI Preview – Will Rapid Price Growth Finally Abate?​​​

​​While underlying inflation remains a concern, headline consumer price inflation is expected to be brought down by softer petrol prices and lower energy bills, contributing to an overall decrease in inflation.​...
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  • July 17, 2023
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GBP/USD Price Forecast: Cable Rally May Stall Ahead of UK Inflation Data

Sterling appears to be making an effort at a retracement following last weeks extended rally. Will UK Inflation scupper the rally or provide bulls with renewed impetus?...
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  • July 17, 2023
  • Market News
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EUR/USD Holding Firm Above 1.1200, EUR/GBP Toys With 20-Day Moving Average

EUR/USD is back at highs last seen in February 2022 as the greenback continues to drift lower....
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  • July 17, 2023
  • Market News
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WTI and Brent Start Week on the Back Foot as Chinese GDP Underwhelms

Oil prices finished last week on the back foot with underwhelming Chinese data this morning unlikely to help. Are we in for a retracement before bullish continuation?...
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