• July 6, 2023
  • Market News
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Euro Price Forecast: EUR/GBP, EUR/USD, EUR/JPY Price Setups

The euro is expected to come under pressure as worsening fundamental data weighs on the continent. At the same time, other central banks ramp up rate hike talk...
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  • July 6, 2023
  • Market News
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Hawkish Fed Minutes put Pressure on Dow, Nasdaq 100 and CAC40

Indices have come under fresh pressure this morning, after Fed minutes showed a more hawkish outlook for monetary policy in the US.​...
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  • July 6, 2023
  • Market News
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USD/CAD Price Forecast: Loonie Strength to Come?

USD/CAD bears could be in for a resumption of the longer-term downtrend ahead of key US and Canadian economic data....
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  • July 6, 2023
  • Market News
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Gold Slips After FOMC Minutes; XAU/USD Scenario Ahead of US Jobs Data

Gold slipped after minutes of the US Federal Reserve’s June meeting kept alive hopes of another rate hike at the end of July. How does XAU/USD look ahead of the key US jobs data on Friday?...
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  • July 6, 2023
  • Market News
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Crude Oil Firms on OPEC+ Intentions and API Data. Will WTI Break the Range?

Crude oil prices have held the high ground going into Thursday after a solid rally in the aftermath of OPEC+ announcements and API stockpiles slipping again. Higher WTI?...
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  • July 6, 2023
  • Market News
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Asia Day Ahead: Little Surprise in Fed Minutes; Focus Now on US Jobs Data

Wall Street posted modest declines overnight, following its return from the holiday break....
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  • July 6, 2023
  • Market News
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US Dollar Extends Gains as Fed Minutes Reinforce Hawkish Monetary Policy Outlook

The minutes of the Federal Reserve’s June meeting showed that the central bank believes additional monetary policy tightening may be warranted to bring inflation back to the 2.0% target....
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  • July 6, 2023
  • Market News
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Q3 Top Trade: Short DAX as German Fundamentals Turn Sour

Worsening EU and German Fundamental data weighs on the DAX at a time when Germany attempts to recover from a technical recession and manufacturing downturn...
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  • July 6, 2023
  • Market News
  • Comments : 0

USD/CAD Trapped in Lateral Channel for Now, Range Trading and Breakout Scenarios

USD/CAD has lacked strong directional conviction over the past week, with the pair trapped in a horizontal corridor, moving back and forth between support and resistance levels....
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  • July 5, 2023
  • Market News
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USD/JPY Price Outlook: Rising Japanese Wage Data Lifts the Yen

The Japanese yen has depreciated consistently this year as the BoJ maintains its loose policy. However, broad wage increases suggest demand and inflation could persist...
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