• May 31, 2023
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Australian Dollar Jolted by Soft China Data and Mixed Local Action. Lower AUD/USD?

The Australian Dollar slipped after China’s primary manager’s index (PMI) data missed estimates, adding to concerns about the global growth outlook. If the slowdown continues, will it sink AUD?...
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  • May 31, 2023
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Dow Jones, S&P 500 Retreat from Highs as US Debt Deal Alludes to Fiscal Tightening

The Dow Jones and S&P 500 retreated from intraday highs as markets digested that a potential US debt deal to avoid default could open the door to USD 1 trillion in fiscal spending cuts....
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  • May 31, 2023
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Crude Oil Prices in Tailspin amid Demand Worries and OPEC+ Infighting

Crude oil prices plunged on Tuesday, hitting their lowest level since early May, dragged down by concerns over the demand outlook and OPEC+ infighting as Russia reneges on its pledge to curb output....
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  • May 31, 2023
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EUR/USD Price Outlook: Reprieve for the Euro as USD, Yields ease

EUR/USD appeared to mount a defence against the relentless selling of the pair on Tuesday. Mixed Chinese data also weighs on the Euro as USD hike odds point to a hike...
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  • May 31, 2023
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S&P 500 Outlook: Consumer Confidence Falls, Debt-Ceiling Deal Faces Major Test

S&P 500 continues to be driven by the AI frenzy, with traders ignoring macroeconomic data and political developments in Washington...
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  • May 30, 2023
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USD/CAD Price Forecast: Acceptance Above 1.3650 Needed for Bullish Continuation

Falling WTI prices, US Dollar strength and Canadian wildfires keep CAD on the back foot. Where to next for USD/CAD?...
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  • May 30, 2023
  • Market News
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Japanese Yen Update: Japanese Officials Watching JPY Volatility, US Debt Ceiling Vote

Japanese officials are closely watching how the Japanese Yen is moving in the FX market after USD/JPY hit a fresh six-month low....
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  • May 30, 2023
  • Market News
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Gold Price Forecast: 100-Day MA Provides Support as Gold Eyes Recovery

Spot Gold continues to struggle for a meaningful recovery as the Dollar Index (DXY) began the day on the front foot. Will the DXY continue to hamper golds recovery?...
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  • May 30, 2023
  • Market News
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FTSE 100 Lower, Dax Moves Higher While Dow Looks to Edge Up Following Reports of Debt Ceiling Deal​​​​

​Indices were given a boost on Friday by news of a debt ceiling deal in principle, though some of that optimism has ebbed away over the long weekend....
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  • May 30, 2023
  • Market News
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GBP/USD Price Forecast: Pound Faces Uphill Battle Despite Debt Ceiling Optimism

GBP/USD has not been able to reverse recent losses while fundamental and technical analysis may suggest further hardship for the pound....
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