• May 26, 2023
  • Market News
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GBP/USD Still Pressured Despite Signs of Less Hawkish Fed

The UK currency is struggling to hold onto gains even as it seems all-but certain that ts interest rates will rise...
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  • May 25, 2023
  • Market News
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SARB Deliver Another 50bps Hike with the Rand Unfazed, USD/ZAR Hits New All-Time High

USD/ZAR prints a new all-time high despite a 50bps hike by the Reserve Bank. If not interest rates, can anything arrest the Rands slump?...
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  • May 25, 2023
  • Market News
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US Dollar (DXY) Latest: A Relentless Grind Higher, Core CPE Ahead

The move higher in the US dollar continues with the greenback nearing an important zone of resistance. Will debt default talks make or break this move?...
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  • May 25, 2023
  • Market News
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Gold Price Forecast: $1950 Level Holds Key for Bearish Momentum to Continue

Spot Gold continues to struggle against a rising Dollar index and US Yields. Will the bears finally assume control?...
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  • May 25, 2023
  • Market News
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Dow and Hang Seng Fall Sharply, but Nasdaq 100 Supported by Nvidia​​​​

​​The US debt ceiling continues to hang over markets, though Nvidia’s numbers have provided yet another reason for the Nasdaq 100 to move higher. ​...
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  • May 25, 2023
  • Market News
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EUR/USD Outlook: Euro Tumbles as Germany Enters Recession

EUR/USD down 0.3% in early trade as multiple factors weigh on the euro including German recession, US debt ceiling, US downgrade and souring risk sentiment....
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  • May 25, 2023
  • Market News
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Australian Dollar Looking Vulnerable: AUD/USD, AUD/JPY, AUD/CAD Price Action

The Australian dollar is looking vulnerable to a cross below key support against the US dollar, a break below which could lead to further losses in the near term. What is the outlook for AUD/USD, AUD/JPY, and AUD/CAD?...
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  • May 25, 2023
  • Market News
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US Dollar Rides High as Debt Debate Continues Amid Fitch Re-Rating. Higher DXY?

The US Dollar galloped to a 2-month peak today with Treasury yields continuing their climb as the debt ceiling resolution proves elusive and the Fed joins the fracas. New highs for USD?...
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  • May 25, 2023
  • Market News
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British Pound Shrugs Off Blistering CPI: What’s Next for GBP/USD, EUR/GBP, GBP/JPY?

The British pound’s rally against some of its peers has stalled recently, and chances are that the consolidation could extend a bit further in the short term. What is the outlook for GBP/USD, GBP/JPY, and EUR/GBP?...
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  • May 25, 2023
  • Market News
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Crude Oil Pings Higher as Specs Told to ‘Watch Out’ by OPEC+. Higher WTI?

Crude oil prices sailed through resistance overnight after comments from the Saudi Arabian Energy Minister and a large drop in US stockpiles. Will WTI continue to rally?...
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