Market News

AUD/USD is on the backfoot this morning after housing credit remained subdued. The Aussie dollar now looks ahead to US core PCE and consumer sentiment for guidance....

The Japanese yen fell after the BOJ left ultra-loose policy settings unchanged, especially the closely watched YCC policy but removed its forward guidance that pledged to keep interest rates at current or lower levels. What does it mean for USD/JPY?...

Amazon’s financial results beat expectations, with both EPS and revenue clocking in above estimates. Shares of the e-commerce company soar after the earnings announcement....

The Nasdaq 100 rallies on Thursday as solid earnings from Meta Platforms boost sentiment on Wall Street, lifting tech stocks. Apple’s quarterly results will steal the limelight next week....

GBP/USD edged towards the recent peak but bullish momentum appears to be waning ahead of a period of high importance US data including PCE data and the FOMC meeting...

The US economy expanded by much less than expected in Q1 2023 while prices continue to rise, leaving the Fed with plenty to think about ahead of next week’s FOMC meeting....

The re-emergence of US banking concerns and plenty of high impact data including US GDP, Fed and ECB rates meetings, warrants a closer look at the safe-haven currency...

EUR/USD volatility is likely to return shortly with a slew of high importance US and Euro Area data set for release over the next 36 hours....

Gold continued to range trade today with the US Dollar poised ahead of GDP and inflation figures later today. If USD gets a bump, will gold see a breakout??...

Crude oil prices have pulled back to levels seen prior to OPEC+ lowering its output target and underlying market structures might be less supportive going forward. Where to for WTI?...