Market News

Renewed US dollar weakness has given gold the strength to take out a layer of stubborn resistance that has been holding the precious metal back for weeks....

Cryptocurrencies jumped after a US judge ruled on Thursday that Ripple Labs Inc did not violate federal securities law by selling its XRP token on public exchanges. Technical charts suggest Bitcoin and Ethereum could be preparing for another leg higher....

Following a downside surprise in the recent US CPI data, the release of US June producer prices overnight further reinforces the narrative of abating inflation risks....

The Australian Dollar slipped slightly after the Australian Government announced the Michele Bullock will be the new RBA Governor. It is widely seen as a safe option....

This article examines positioning data for AUD/USD, NZD/USD and USD/CAD to gauge potential market sentiment and trading bias....

USD/JPY deepens its losses as U.S. bond yields extend their decline following softer-than-expected U.S. CPI and PPI data. Meanwhile, GBP/USD explodes higher, breaking above the 1.3100 handle and hitting its best levels since April 2022....

The Bank of Canada hiked rates by 25bps yesterday with the Canadian Dollar finding renewed impetus to push on. Will USD/CAD reach the 1.3000 psychological level?...

Yesterday’s lower than expected headline and core CPI data emboldened markets to take a bearish view on the dollar, lifting US stocks to a new yearly high...

Oil prices recent rally has run into some technical headwinds with US data later today likely to be key once more. Can Oil prices sustain recent gains and head higher?...

Non-yielding gold got a boost from news that the Fed seems to be winning its war on inflation....