• May 2, 2023
  • Market News
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Japanese Yen Price Action Update: EUR/JPY, USD/JPY. AUD/JPY

Concern around diverging Central Bank policies and improving sentiment sees the Euro hit 15-year high to the Yen. Where to next for Yen pairs?...
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  • May 2, 2023
  • Market News
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Gold Price (XAU/USD), Silver Price (XAG/USD): Attention Now Turns to the Federal Reserve

The Fed will announce its latest monetary policy decision on Wednesday with a 25 basis point rate hike now fully priced-in....
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  • May 2, 2023
  • Market News
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Euro Area Core Inflation Retreats as YoY Print Accelerates, EUR/USD Lower

Euro Area annual inflation rate ticked higher April missing estimates by 0.1% as the Core print ticked lower. Following the data and the ECB Bank Lending Survey, is a 25bps hike from the ECB now a certainty on Thursday?...
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  • May 2, 2023
  • Market News
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GBP/USD Price Forecast: Pound Resilient Ahead of Fed

GBP/USD is relatively muted against its more macro influenced counterparts this week as the pair prepares for the Fed tomorrow. Pound continues to hover around 1.25....
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  • May 2, 2023
  • Market News
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Australian Dollar Spike After RBA Hikes. Will AUD/USD Find Higher Ground?

The Australian Dollar shot higher after the RBA raised the cash rate to 3.85% surprising markets. The bank cited inflation as being too high. If they hike again, will AUD/USD go higher?...
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  • May 2, 2023
  • Market News
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Crude Oil Steadies as Markets Eye Fed and ECB Rate Decisions. Where to for WTI?

Crude oil prices consolidated into Tuesday as markets digest data ahead of monetary policy meetings from the Federal Reserve and the ECB. If both banks tighten, will WTI go lower?...
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  • May 2, 2023
  • Market News
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USD/JPY Goes Ballistic, Pulverizes Key Fib Resistance, S&P 500 Wavers at 4,200

USD/JPY breaks above confluence resistance on Monday, bolstered by higher U.S. yields. Meanwhile, the S&P 500 struggles at the 4,200 level, with bulls and bears battling for control of the market....
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  • May 2, 2023
  • Market News
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Gold Prices Turn Lower as US Economic Data Weakens Case for Fed Pause

Gold prices retreat as U.S. ISM manufacturing data weakens the case for a Fed pause, triggering a sharp rally in U.S. Treasury yields....
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  • May 1, 2023
  • Market News
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Crude Oil Slip on Soft Data Ahead of Fed and ECB Decisions. Where to for WTI?

The crude oil price gave up some of Friday’s gain to start the week after Chinese PMI data missed forecasts and several markets are closed for holidays. Will crude resume the recovery?...
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  • May 1, 2023
  • Market News
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Gold Price Trapped Ahead of a Busy Week as US Dollar Pauses. Where to for XAU/USD?

The gold price slipped at the open on Monday as traders prepare for the Fed’s interest rate decision and the potential for impact across the yield curve and on the US Dollar....
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