• June 1, 2023
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Gold Price Latest: XAU/USD Pushing Higher, Treasury Yields Remain Volatile, Jobs Reports Near

Short-dated US bond yields can’t make their mind up if they are going lower or not, and this is leaving gold traders at risk of increased volatility....
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  • June 1, 2023
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GBP/USD Price Outlook: Cable Bid after the Fed Signals a “Skip” in June

Fed Governors came out and signaled their preference for a “skip” at the next FOMC meeting, sending the dollar lower. NFP up next as the major event risk ahead...
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  • June 1, 2023
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Dow Jones and CAC40 Stabilise While Nasdaq 100 Edges Down​​​​

The Dow and CAC40 have rallied off their Wednesday lows, while the Nasdaq 100 has moved lower after its fourteen-month high earlier in the week...
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  • June 1, 2023
  • Market News
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Euro Area Inflation Slows Hitting February 2022 Lows, EUR/USD Bid

Euro Area inflation fell across the board in May with both the core and YoY print beating forecasts. Despite the positive data, it is unlikely to deter the ECB from hiking rates at its upcoming meeting....
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  • June 1, 2023
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AUD/USD Price Forecast: Critical Juncture for Aussie Dollar

AUD/USD remains hesitant as US factors and local Australian influences battle for supremacy....
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  • June 1, 2023
  • Market News
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New Zealand Dollar’s Slide Approaches Limits: NZD/USD, EUR/NZD, GBP/NZD Price Setups

The New Zealand dollar undoubtedly looks weak against its peers as the market digests the possibility of NZ rates peaking. However, the NZ currency is running into some pretty tough support that warrants caution in turning excessively bearish....
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  • June 1, 2023
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US Dollar Dithers After Debt Deal Passes House of Reps. Will the Fed Now Drive USD?

The US Dollar struggled for direction on Thursday after the US debt deal passed through the House of Representatives ahead of the next hurdle. The market is now eyeing the Fed for clues....
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  • June 1, 2023
  • Market News
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Making Sense of Japanese Yen’s Recent Slide: Is it the Start of a Renewed Leg Lower?

There are a couple of things that stand out on the charts of the Japanese yen against the US dollar and the closely correlated US Treasury yields recently. Importantly, what does it tell us about the future trend?...
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  • June 1, 2023
  • Market News
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Gold Price Boosted as Treasury Yields Slip Ahead of Debt Ceiling Resolution

The gold price outlook has recovered from a test of support as US interest rates pull back from their run higher with hopes that the debt deal will pass through Congress....
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  • June 1, 2023
  • Market News
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S&P 500, Nasdaq 100 Drop on Global Growth Woes and Still-Tight US Labor Market?

The S&P 500 and Nasdaq 100 fell for a second consecutive day as global growth woes and signs of a still-tight US labor market influenced sentiment. Will the S&P break under a Rising Wedge?...
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