• May 5, 2023
  • Market News
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April Jobs Report: NFP Rises by 253k as Unemployment Falls and Average Hourly Earnings Rise

US Jobs numbers surge higher as average hourly earnings adds to inflationary concerns. Unemployment matches January print, a 50-year low....
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  • May 5, 2023
  • Market News
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Swiss Franc Price Outlook: Banking Woes Support CHF Bid

The Swiss Franc has been one of the top performers against the dollar as its safe-haven allure provides shelter from the recent banking and economic uncertainty...
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  • May 5, 2023
  • Market News
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US Dollar (DXY) Struggles Continue as the Latest US Jobs Report (NFP) Nears

If current market pricing is to be believed, US interest rates will be 175 basis points lower this time next year, and that will hit the dollar hard. Next up, US NFPs....
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  • May 5, 2023
  • Market News
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GBP/USD Price Forecast: Fresh Yearly Highs for Pound Ahead of NFP

GBP/USD extends its recent upside now hitting new 2023 highs but with NFP around the corner, will we see a continuation or pullback?...
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  • May 5, 2023
  • Market News
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Japanese Yen Toys with the Market as Ranges Break but Retreat. Where to for USD/JPY?

The Japanese Yen sunk and then sailed north against the US Dollar this week as markets contemplate the Fed’s action against the Bank of Japan’s non-action. Is the trend intact for USD/JPY?...
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  • May 5, 2023
  • Market News
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Gold Prices Rise as Markets Focus on Fed Rate Cut Bets and Regional Bank Woes

Gold prices aimed slightly higher on Thursday as Fed easing bets and regional bank woes continued to drive market sentiment. Bearish technical patterns are brewing for XAU/USD, however....
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  • May 5, 2023
  • Market News
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Apple Gains After Earnings Beat, Carrying Nasdaq 100 Futures Higher

Apple’s financial results beat expectations, with both EPS and revenue clocking in above estimates. Shares of the tech company rally after the earnings announcement....
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  • May 5, 2023
  • Market News
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USD/JPY Loses Altitude and Sinks to Support, AUD/USD Defies Ironclad Resistance

USD/JPY plunges on Thursday, falling toward an important region of technical support. Meanwhile, AUD/USD charges higher and defies cluster resistance, but subdued market sentiment limits its advance....
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  • May 4, 2023
  • Market News
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Crude Oil (WTI) Update: Intra-day Pullback Attempts to Halt Panic Selling

Oil markets attempt to recover after a massive two day sell-off. Re-emerging banking fears, higher US interest rates and a deteriorating global outlook weigh on oil...
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  • May 4, 2023
  • Market News
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USD/CAD Price Forecast: Loonie Bid on Upbeat Canadian Balance of Trade Data

CAD is gaining ground on the US dollar but high impact economic data tomorrow will be in focus possibly resulting in a bull pennant break on USD/CAD daily chart....
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