• May 16, 2023
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Australian Dollar Dips on Soft China Data. Will AUD/USD Test Range Lows?

The Australian Dollar slipped after China’s industrial production and retail sales data missed estimates and has the market reassessing the state of the world’s second-largest economy....
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  • May 16, 2023
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S&P 500 Outlook: Extreme Bearish Positioning Could Spur Face-Ripping Short Squeeze

Speculators have accumulated large bets against the S&P 500 in the futures market in recent weeks. Extreme bearish positioning can sometimes lead to powerful short squeezes if the right catalysts emerge....
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  • May 16, 2023
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US Dollar Withers Despite Last Week Bullish Breakout. Are Bears About to Pounce?

The U.S. dollar, as measured by the DXY index, slides moderately on Monday, failing to extend its rally from late last week that sparked a bullish breakout, a sign bears may be preparing for a new attack....
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  • May 15, 2023
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USD/JPY Price Outlook: Yen Eases on Improved Inflation data but Risks Accrue

The yen has surrendered gains against a rather resurgent dollar but increasing geopolitical risks brings the pair back into focus as. US debt ceiling is the main focus...
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  • May 15, 2023
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EUR/USD Price Forecast: EURUSD Grinds Higher Despite Industrial Production Slump

EURUSD holds above support at 1.0840 for now as weak data gives Euro bulls something to ponder. Where to next for EUR/USD?...
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  • May 15, 2023
  • Market News
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Gold Price Latest: Waiting for the Fed’s Thoughts, $2K Currently Provides Support

Gold is stuck in a small trading range so far with little in the way of high impact economic data to move the dial. A raft of Fed speakers this week may change this....
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  • May 15, 2023
  • Market News
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GBP/USD Price Forecast: Pound Fixated on US Factors

GBP/USD remains at the mercy of the USD today as US debt ceiling and Fed guidance dominates headlines....
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  • May 15, 2023
  • Market News
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Japanese Yen Retreats as US Dollar Takes Flight Despite Debt Debacle. Higher USD/JPY?

The Japanese Yen slipped again on Monday as the US Dollar ascendency continued despite the uncertainty surrounding the US debt ceiling issue. If a solution remains elusive, will it lift USD/JPY?...
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  • May 15, 2023
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US Dollar Leaps with Treasury Yields as Debt Ceiling Takes Centre Stage. Lower EUR/USD?

The US Dollar made strong headway to round out last week with Treasury yields moving north but the debt ceiling lingers as a potential driver of market sentiment. Will the USD rally continue?...
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  • May 15, 2023
  • Market News
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Markets Week Ahead: Gold, S&P 500, US Dollar; Powell, Debt Ceiling, Australia Jobs, Germany ZEW, China Data

Markets will be looking for cues from Fed Chair Jerome Powell after hawkish remarks from Fed officials raised doubts on whether the US central bank will pause at its next meeting. With more evidence of weakness in the post-Covid recovery in China, concerns regarding the US debt ceiling and US bankin...
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