Market News

USD/ZAR is nearing a fresh all-time-high after being hit by several drawbacks from multiple fronts. Is the rand the next to fall after the Turkish lira?...

PPI revealed a welcome print below expectations at the same time a key jobs indicator, initial jobless claims, turned higher. USD continues move lower...

The Bank of England (BoE) hiked interest rates by 25bps, the 12th consecutive time that the central bank has increased the UK Bank Rate. Sterling tests 1.2600 against the US dollar....

Spot Gold bears make a fresh push lower helped by some dollar strength. Acceptance below $2000/oz seems an impossible task as recessionary fears remain in play....

EUR/USD continues to weaken after reaching 2023 highs. The euro now faces fading risk appetite while ECB speakers attempt to back the EUR with hawkish guidance....

The Euro consolidated today despite US Dollar weakness post CPI. Chinese CPI was also soft prompting hopes that the PBOC might turn dovish. ECB speakers today might drive EUR/USD....

The Australian Dollar held overnight gains after China’s inflation data revealed a slip in price pressures in the world’s second-largest economy. If the PBOC ease policy, will it lift AUD/USD?...

The Japanese Yen outperformed on Wednesday, sending USD/JPY lower after markets punished Treasury yields in the wake of US inflation data. Eyes turn to the BoE next....

Gold prices retreat despite falling U.S. Treasury yields following softer-than-expected U.S. inflation data, but the fundamental outlook remains bullish over the medium term....

The Nasdaq 100 blasts higher and challenges key technical resistance after headline inflation comes below expectations. Meanwhile, USD/JPY turns lower, threatening to breach cluster support....