• June 22, 2023
  • Market News
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Dow, Nasdaq 100 and Nikkei come under pressure following hawkish Powell testimony

​​Indices have seen further selling this morning, as concerns about hawkish central bank policy drive risk-off sentiment.​...
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  • June 22, 2023
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AUD/USD Price Forecast: US Influences Shaping Aussie

AUD/USD looks to Fed Chair Jerome Powell for direction today with no Australian data scheduled....
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  • June 22, 2023
  • Market News
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Japanese Yen Outlook: Fed-BoJ policy divergence remains the key driving force

While the Fed has largely retained its hawkish tone at the latest meeting, speculations for a quicker policy shift from the BoJ have not been receiving much validation by policymakers thus far....
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  • June 22, 2023
  • Market News
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Gold Price Action: XAU/USD Vulnerable After Powell’s Remarks

Gold has softened a bit after hawkish remarks from US Federal Reserve Chair Jerome Powell and is beginning to look vulnerable to a break below key support. What are the key levels to watch?...
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  • June 22, 2023
  • Market News
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Asia Day Ahead: Fed Chair Took the Stage with Hawkish Comments

Fed Chair Jerome Powell took the stage yesterday with a series of hawkish comments but nevertheless, a significant degree of data-dependence is still in place....
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  • June 22, 2023
  • Market News
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Canadian Dollar Outlook: USD/CAD in Freefall after Double Top Confirmation Signal

USD/CAD extends its recent sell-off and challenges trendline support near 1.3150 after validating a bearish double-top pattern late last week....
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  • June 22, 2023
  • Market News
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Japanese Yen Forecast: USD/JPY Entrenched in Strong Uptrend amid Hawkish Powell

USD/JPY resumes its advance and rises to multi-month highs, supported by higher Treasury yields following Powell’s hawkish comments in a congressional hearing....
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  • June 21, 2023
  • Market News
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Bitcoin (BTC/USD) Posts a Six-Week High on Positive News Flow

The price of the largest cryptocurrency hit a fresh six-week high today, buoyed by news that BlackRock, the world’s largest asset manager, has filed for a spot BTC ETF...
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  • June 21, 2023
  • Market News
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Euro Cautiously Higher As Mr Powell Heads to Capitol Hill

Markets often trade nervily when they’re about to hear from the Fed Chair, Wednesday is no exception...
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  • June 21, 2023
  • Market News
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Chinese Yuan Price Outlook: PBoC Cuts Rates, Leaving Yuan Vulnerable

The Chinese yuan has depreciated against the dollar and pound sterling as accommodative monetary policy is favoured to reignite the economic recovery...
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