Market News

Gold has broken below the longer-term ascending channel, pointing to continued selling despite short-lived geopolitical tensions providing a lift to the precious metal...

Outlook on FTSE 100, DAX 40 and S&P 500 as they bounce off this week’s lows on solid US data...

EUR/USD is likely to remain rangebound as Central Bankers share their thoughts at the ECB Forum. The tussle for superiority between bulls and bears looks set to rumble on....

The New Zealand dollar is maintaining a weak bias against most of its peers ahead of the key US PCE price data due Friday, on diverging monetary policy outlooks. What’s next for NZD/USD, AUD/NZD, and GBP/NZD?...

The Euro backed away from the overnight peak against the US Dollar as markets wait with bated breath for the ECB’s much-anticipated gathering of central bank big guns. Where to for EUR/USD?...

AUD dropped after Australia’s monthly CPI indicator showed price pressures moderated more than expected last month. What is the outlook for AUD/USD ahead of Australia retail sales (Thursday) and US PCE data (Friday)?...

Market participants seem to take comfort from a series of stronger-than-expected economic data out of the US, with economic resilience being the takeaway and calmed some nerves for an impending recession....

The gold price is struggling to hold ground despite a US Dollar tracking sideways ahead of Fed Chair Powell’s appearance on an ECB panel discussion later today. Will XAU/USD recover?...

Oil prices struggle to form upside momentum despite Saudi production cuts coming into play next week. Global growth concerns and the prospect of rate hikes weigh...

Spot Gold surrendered the high ground as USD/CAD rose following US and Canadian data. Canadian inflation at 2-year lows and US home sales at 1-year highs. What recession?...