• July 11, 2023
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US Dollar Hits a Fresh Two-Month Low as Future Rate Hike Expectations Ease

The US dollar slipped Monday after various Fed officials suggested that while rates may move higher in June, the 15-month hiking cycle may be drawing to a close....
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  • July 11, 2023
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Crude Oil Prices Inch Up on Weaker Dollar, Production Cuts

US Crude Oil has had a strong run of gains despite a not-obviously-supportive backdrop of plentiful supply and uncertain demand...
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  • July 11, 2023
  • Market News
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Japanese Yen Outlook: USD/JPY, GBP/JPY, EUR/JPY Price Setups

The yen appears to be back in favour as surging wage growth coupled with signs of demand driven inflation forces the Bank of Japan to take note...
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  • July 11, 2023
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Dow, Nasdaq, and Nikkei Struggle to Maintain Bullish Momentum

Indices posted gains yesterday, but a more cautious atmosphere prevails in early trading this morning....
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  • July 11, 2023
  • Market News
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EUR/USD Hits Fresh 2-Month High, Time for a Pullback?

EUR/USD faces a challenge in attempting to break the range high of 1.1100 without any significant change to the macro picture. Do bulls have enough juice or is another retracement incoming?...
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  • July 11, 2023
  • Market News
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UK Breaking News: Wage Growth Keeps Pound Bid

GBP/USD rises sharply to 1.2900 post-labor data after wage growth hits fresh yearly highs....
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  • July 11, 2023
  • Market News
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Gold Price Firms While US Dollar Eases as Treasury Yields Dip. Where to for XAU/USD?

The gold price is inching higher while the US Dollar slides going into Tuesday despite several Fed speakers getting hawkish, mostly. Will Wednesday’s US CPI hold the keys to XAU/USD direction?...
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  • July 11, 2023
  • Market News
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New Zealand Dollar Flexes Muscles Ahead of RBNZ; NZD/USD, EUR/NZD, GBP/NZD Price Action

The New Zealand dollar is showing signs of building a base against some of its peers ahead of the Reserve Bank of New Zealand (RBNZ) interest rate decision on Wednesday. What is the outlook for NZD/USD, EUR/NZD, and GBP/NZD?...
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  • July 11, 2023
  • Market News
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Asia Day Ahead: Positive US Handover Has Brought Some Relief to Asia Session

Wall Street managed to start the new week on a positive footing, but with some slight caution ahead of the key US CPI data release as the S&P 500 VIX saw an in-tandem rise overnight....
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  • July 11, 2023
  • Market News
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Japanese Yen Soars, Sending USD/JPY Lower as Treasury Yields Soften Before CPI

The Japanese Yen soared against the US Dollar over the past 2 trading days as longer-term US Treasury yield softened ahead of a highly anticipated inflation report. Where to for USD/JPY?...
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