• May 22, 2023
  • Market News
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Crude Oil Price Creates a Range After Failing to Gain. Where to for WTI?

Crude oil prices consolidated into the week as the US Dollar appears vulnerable with debt ceiling uncertainty lingering and the possibility of the Fed being less hawkish. Lower WTI?...
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  • May 22, 2023
  • Market News
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Markets Week Ahead: Nasdaq, Gold, US Dollar; Debt Ceiling, US PCE, Germany Ifo, UK Inflation, RBNZ, Australia Retail Sales

US debt ceiling talks are likely to dominate sentiment after some of the optimism scaled back after reports on Friday that debt ceiling talks have hit a roadblock. Fed speak is expected to continue after mixed remarks from officials last week – some called for a pause while others pushed for more ...
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  • May 20, 2023
  • Market News
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Nasdaq 100, Dow Jones, S&P 500 Forecast: US Indices Rally Facing Key Technical Hurdles

US Indices continued their rise this week as large cap Tech stocks continue to lead the way. There are key technical hurdles ahead which begs the question, can the rally continue?...
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  • May 20, 2023
  • Market News
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EUR/USD Outlook: Euro Attempts Fightback Post Powell, US Data to Come

EUR/USD looks to key US economic data for guidance after a dovish Powell pushed the euro back above 1.08 against the dollar....
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  • May 20, 2023
  • Market News
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British Pound (GBP/USD) Week Ahead: UK Inflation and US Debt Talks to Dominate

Market sentiment, and price action, will be dictated by ongoing US debt ceiling talks and the latest US and UK inflation reports...
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  • May 19, 2023
  • Market News
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USD/CAD Price Forecast: Loonie Eyes Further Gains to End Week on a High

The loonie is on course for modest gains against the rampant greenback this week thanks to an uptick in Canadian inflation and rate hike expectations. Will the BoC Return to Hiking Rates?...
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  • May 19, 2023
  • Market News
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USD Price Forecast: Dollar Index (DXY) Looks to Fed Chair for Guidance

The U.S. dollar remains at the mercy of Fed officials today with Fed Chair Jerome Powell in focus....
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  • May 19, 2023
  • Market News
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US Stocks: S&P 500 Tags New Yearly High on Debt Ceiling Optimism

US equities edge higher on improved sentiment. Although, a stronger US dollar, higher yields and increasing expectations of another rate hike in June could cap gains...
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  • May 19, 2023
  • Market News
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US Dollar Eyeing Best 2-Week Performance Since September, Eyes on Resistance

The US Dollar is eyeing its best 2-week period since September after debt ceiling deal bets and rosy jobless claims data added fuel to DXY’s rally. What are key levels to watch?...
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  • May 19, 2023
  • Market News
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Nasdaq 100 Pulls Off Epic Breakout, Rockets to New 2023 Highs, Defying Gravity

The Nasdaq 100 stages a bullish breakout and rises to its best levels since April 2022. While the outlook remains constructive, caution is warranted, with the market approaching overbought territory...
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