• June 21, 2023
  • Market News
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Indices stay under pressure as UK inflation remains sticky

​​Outlook on FTSE 100, DAX 40 and S&P 500 as UK inflation comes in higher-than-expected....
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  • June 21, 2023
  • Market News
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XAU/USD Price Forecast: Gold Looks to Powell

Gold prices may be in for a wake up call after weeks of minimal price action as markets gear up for Fed Chair Jerome Powell’s Testimony....
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  • June 21, 2023
  • Market News
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UK Core Inflation Breaches 7% as Headline Beats Estimates, GBP/USD Bid

UK headline inflation came in higher than expected but the core inflation print accelerated once more. Will the data inspire a more hawkish approach from the BoE heading into tomorrow’s meeting?...
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  • June 21, 2023
  • Market News
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S&P 500 & Nasdaq 100 Price Setups: Will Powell’s Speech Trigger a Reversal?

The S&P 500 and the Nasdaq 100 index are looking overbought and have run into stiff resistance areas, raising the risk of a minor retreat, especially if Fed Chair Powell’s tone later Wednesday is hawkish. What is the outlook and what are the key levels to watch?...
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  • June 21, 2023
  • Market News
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Asia Day Ahead: Downbeat Start to the Week; Chinese Equities Weigh

Major US indices kicked off the shortened trading week in the red, although the sharp paring of losses mid-day especially in the Nasdaq may still reflect some strength in buyers....
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  • June 21, 2023
  • Market News
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Bitcoin Prices Surge Past Key Trendline Resistance, BTC/USD Levels to Watch

Bitcoin prices extend recovery, soaring past a major trendline resistance following news that EDX markets has kicked off operations....
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  • June 21, 2023
  • Market News
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BoE Preview: Inflation Demands More Hiking Despite Mortgage Pain

The Bank of England is likely to raise benchmark rates this week as signs of secondary effects of inflation appear. Rate expectations to support GBP/USD...
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  • June 21, 2023
  • Market News
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Gold Prices Slump on US Data ahead of Powell’s Testimony, Key Support in Peril

Gold prices drop on Tuesday amid U.S. dollar strength following solid U.S. economic data ahead of Powell’s testimony before Congress later in the week....
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  • June 20, 2023
  • Market News
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Japanese Yen Latest: USD/JPY, GBP/JPY, and EUR/JPY Outlooks

In an relatively lackluster FX market, the Japanese’s Yen volatility is something of a rarity and is at least giving traders something to work with....
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  • June 20, 2023
  • Market News
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EUR/USD Price Forecast: EUR/USD Grinds in Tight Range as Breakout Beckons

EUR/USD struggles for direction as the tug of war between the Euro and the US Dollar continues. Price action suggests a breakout could be imminent....
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