• June 26, 2023
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Gold Price Latest: XAU/USD Nudges Higher as US Bond Yields Turn Lower

The price of gold is testing an old area of support turned resistance but the move currently lacks conviction....
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  • June 26, 2023
  • Market News
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FTSE 100, DAX and S&P 500 try to find support​​​

​​Outlook on FTSE 100, DAX 40 and S&P 500 following a week of losses and a short-lived military coup in Russia....
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  • June 26, 2023
  • Market News
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EUR/USD Price Forecast: EUR/USD Looks to ECB Forum for Guidance

EUR/USD looks to continue its recovery following a late week selloff. Will Geopolitical tension weigh or will ECB President Lagarde be the catalyst for another bullish run?...
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  • June 26, 2023
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Japanese Yen on Intervention Watch: USD/JPY, EUR/JPY, GBP/JPY Price Setups

JPY gained slightly after Japan’s top diplomat said authorities will respond to excessive moves in the currency market. What is the outlook for USD/JPY, EUR/JPY, and GBP/JPY?...
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  • June 26, 2023
  • Market News
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British Pound After BoE Rate Hike: GBP/USD, EUR/GBP, GBP/AUD Price Action

The subdued reaction to the surprise interest rate hike by BoE last week could be a sign that the British pound’s rally could be due for a minor setback against some of its peers. How do GBP/USD, GBP/AUD, and EUR/GBP look?...
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  • June 26, 2023
  • Market News
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Asia Day Ahead: Subdued Start to the Week Amid Light Calendar in the Region

Last Friday brought another downbeat session in Wall Street, with the S&P 500 adding to recent losses to close 1.4% lower for the week....
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  • June 26, 2023
  • Market News
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Markets Week Ahead: Nasdaq, Gold, USD, Powell, US PCE, Germany Ifo, China PMI, Australia Retail Sales

The week’s calendar looks busy with central bank officials’ speeches, including Fed Chair Powell and ECB President Lagarde, as risk appetite has taken a back seat following aggressive tightening by global central banks. Key focus will be on US PCE Price Index data, Germany Ifo and China PMI data...
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  • June 25, 2023
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USD/JPY Price Forecast: More Misery to Come for Japanese Yen?

The Japanese Yen heads into a US data filled week on the backfoot as the Fed and BoJ look to be diverging once more....
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  • June 24, 2023
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Euro Outlook: EUR/USD Veers Off Bullish Path after Rejection at 1.1000. Now What?

EUR/USD fails to hold above 1.1000 and turns lower heading into the weekend, dropping below the 1.0900 handle and challenging a key trendline support. Will the bears be rebuffed?...
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  • June 23, 2023
  • Market News
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GBP/USD Slips Back as Weak Eurozone Data Favor Haven Greenback

GBP/USD hasn’t derived much support from this week’s big interest rate rise from the Bank of England...
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