• April 27, 2023
  • Market News
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S&P 500 Subdued Despite Microsoft’s Bullish Explosion, US First-Quarter GDP Eyed

The S&P 500 fell on Wednesday, undermined by cautious market sentiment, with most sectors ending the day in negative territory but tech commanding strength thanks to Microsoft’s solid rally....
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  • April 27, 2023
  • Market News
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USD/CAD Wavers at Fibonacci Resistance as USD/JPY Makes Move on Trendline Support

USD/CAD stalls and wavers at technical resistance following its strong performance in recent days. Meanwhile, USD/JPY makes a move on trendline support, with sellers positioning for a breakdown....
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  • April 26, 2023
  • Market News
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Copper Issues Worrying Signal to Markets on Softer Chinese Demand

Often viewed as a leading indicator of global economic health, copper prices remain susceptible to further downside despite bulls appearing to halt further declines...
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  • April 26, 2023
  • Market News
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Gold and Silver Bid Higher, Government Bond Yields Fall on Recession Fears

Gold and silver continue their recent push higher, aided by lower US Treasury bond yields and ongoing fears about the health of the US banking sector....
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  • April 26, 2023
  • Market News
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GBP/USD Technical Forecast: 1.2350 Support Key for Bullish Continuation

Cable found support just below the 1.2400 handle before rallying higher this morning as overall risk sentiment improved. Fresh YTD highs still a possibility?...
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  • April 26, 2023
  • Market News
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Euro Price Forecast: EUR/USD Recovers on GfK Consumer Confidence Data

EUR/USD finds support in early trade after positive German data but the day ahead looks to the US for guidance....
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  • April 26, 2023
  • Market News
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Gold Price Pauses as US Dollar Stalls on Sinking Yields. Where to for XAU/USD?

The gold price failed to capitalise on Treasury yields slipping overnight as markets await key data ahead of the Federal Reserve meeting next week. Will gold break out?...
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  • April 26, 2023
  • Market News
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Australian Dollar Off Lows After CPI; What’s Next for AUD/USD?

AUD/USD recouped initial losses after data released showed Australian price pressures remain stubbornly high, keeping alive the possibility of further tightening by the RBA. What’s next for AUD/USD?...
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  • April 26, 2023
  • Market News
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US Dollar, Japanese Yen Rise as First Republic Bank Woes Spook Markets, Dow Jones Sinks

The anti-risk US Dollar and Japanese Yen rose as First Republic Bank woes reintroduced financial market volatility, plunging the Dow Jones. Is this a turning point for DXY?...
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  • April 26, 2023
  • Market News
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Microsoft and Alphabet Deliver Strong Results, S&P 500 Futures Buoyed by Tech Earnings

Microsoft and Alphabet announced quarterly results today after the market close, with both tech companies beating EPS and revenue expectations by a decent margin....
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