• June 6, 2023
  • Market News
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USD Price Forecast: DXY Resistance Re-Test

The U.S. dollar is trading at a key area of confluence in what is a quiet trading week ahead of the FOMC and US CPI....
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  • June 6, 2023
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Bitcoin (BTC/USD) Slides as the SEC Now Charges Coinbase After Indicting Binance on Monday

The SEC is actively targeting cryptocurrency exchanges with Coinbase today joining Binance on the US regulators charge sheet....
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  • June 6, 2023
  • Market News
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Japanese Yen Price Action Setups: EUR/JPY, USD/JPY, AUD/JPY

The Yen has remained resilient of late despite the ongoing dovish Bank of Japan rhetoric. Is it down to optimism over policy shift or fear of intervention?...
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  • June 6, 2023
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Cable (GBP/USD) Settles into Consolidation Channel – Breakout Levels Analysed

Cable trades within a broader consolidation channel, lacking a bullish catalyst while at the same time finding support via elevated interest rate expectations...
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  • June 6, 2023
  • Market News
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​​Dow and Nasdaq 100 Look to Move Higher but Hang Seng Struggles​

​​After Friday’s bounce, some of the bullish momentum has faded, but the Nasdaq 100 continues to make headway. ​...
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  • June 6, 2023
  • Market News
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XAU/USD Price Forecast: Gold Tame in Low Vol Environment

Gold prices managed to stay afloat above the $1950/oz level as the dollar gives back some of its recent gains....
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  • June 6, 2023
  • Market News
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Australian Dollar Jumps as RBA Hikes; How Much More to Go For AUD/USD?

The AUD jumped after the RBA surprisingly hiked interest rates by 25 basis points and said some further tightening may be required in its determination to return inflation to its target....
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  • June 6, 2023
  • Market News
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US Dollar Pauses as Cross Market Volatility Rolls Over. Will Markets be Data Dependent?

The US Dollar recalibrated after data disappointed and may give the Federal Reserve room to skip a hike at their next gathering. Volatility has eased across markets. Will they spike again?...
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  • June 6, 2023
  • Market News
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Asia Day Ahead: Wall Street on a breather as Apple failed to commit to all-time high

A mixed showing in Wall Street eventually saw the Nasdaq pare its initial gains by the close, partly as optimism around Apple’s share price fizzled....
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  • June 6, 2023
  • Market News
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Canadian Dollar to Look Past Saudi Arabia Oil Cuts as WTI Fills a 4% Gap Within a Day

The Canadian Dollar brushed aside crude oil production cuts from Saudi Arabia as OPEC+ members struggled to reach a broader agreement, causing WTI to fill a 4% gap within 24 hours....
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