• June 2, 2023
  • Market News
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US Dollar (DXY) on the Backfoot Ahead of the US Jobs Report (NFP)

The greenback is at a one-week low after a positive outcome to the US debt ceiling debate. Recent data shows that the US jobs market remains strong, what will today’s NFPs tell us?...
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  • June 2, 2023
  • Market News
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USD/JPY Price Forecast: Dollar Decline Provides Respite for the Yen

The yen appears to be benefitting from the Fed’s recent comments favouring a “skip” at this month’s FOMC meeting. Levels for a bearish continuation analysed...
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  • June 2, 2023
  • Market News
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​​Outlook on FTSE 100, DAX 40 and S&P 500 as US government agrees to raise the country’s debt ceiling.

​​Technical analysis on FTSE 100, DAX 40 and S&P 500 within their fundamental context....
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  • June 2, 2023
  • Market News
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GBP/USD Price Forecast: Pound Rally Awaits NFP Confirmation

GBP/USD has scope for further upside with bullish technical patterns in focus ahead of the NFP report....
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  • June 2, 2023
  • Market News
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Crude Oil Price Jumps on Optimism Ahead of OPEC+ Meeting. Where to for WTI?

Crude oil prices made solid gains going into Friday after some sound economic numbers and a softening US Dollar with the focal point turning toward the OPEC+ meeting. Will WTI gap again?...
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  • June 2, 2023
  • Market News
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Gold Prices Set for Best Week Since Early April, Will NFP Data Take This Away?

Gold prices are eyeing the best week since the beginning of April after shockingly disappointing US ISM prices paid data brought back Fed rate cut bets. Is the technical setup matching momentum?...
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  • June 2, 2023
  • Market News
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EUR/USD Turns the Tide as USD/JPY Fumbles, USD/CAD Carves Out Double-Top Pattern

EUR/USD regains poise after bouncing off technical support near the 1.0640/1.0600 area. Meanwhile, USD/JPY extends its correction as USD/CAD carves out a bearish double-top formation....
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  • June 2, 2023
  • Market News
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NFP Preview: Dollar Waning Heading Into US Jobs Report

Consensus around Friday’s NFP report has payroll growth to decline to 190K in May, while markets grapple with recent leading indicator data....
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  • June 2, 2023
  • Market News
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Silver Price Update: Silver Claws Back Losses amid Dollar Decline

Comments by prominent Fed members cause a wild swing in future rate expectations, sending the dollar lower. Silver appears to be trading higher off key support...
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  • June 1, 2023
  • Market News
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US Dollar Sluggish as Poor Manufacturing PMI Strengthens Case for Fed Pause

Weak factory activity data and rapidly falling prices paid by manufacturers in May could strengthen the case for the Fed to hold rates steady at its meeting this month, a move that could weigh on the U.S. dollar....
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