• April 14, 2023
  • Market News
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EUR/USD Prints New Yearly High on Rate Differentials and Hawkish ECB

The current EUR/USD bull trend continues as the ECB is almost guaranteed to hike next month while the dollar adds to recent declines. Big US Earnings ahead...
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  • April 14, 2023
  • Market News
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Gold (XAU/USD) Within Touching Distance of a New All-Time High

The precious metal is within $30 of making a new all-time high as buyers continue to dominate price action. US data out later may fuel the next leg higher....
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  • April 14, 2023
  • Market News
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Australian Dollar Flies High with Kiwi on Sinking US Dollar. Where to for AUD/USD?

The Australian Dollar hit the after-burners overnight, stretching to a 7-week peak following soft US inflation data that also boosted the New Zealand Dollar. Where does that leave AUD/NZD?...
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  • April 14, 2023
  • Market News
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US Dollar Continues to Get Punished as Traders Feel No Need for Safety as Stocks Soar

Traders continued punishing the US Dollar amid a lack of reason for safety as the Dow Jones, S&P 500 and Nasdaq 100 soared on Thursday. Will DXY confirm its worst week since early January?...
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  • April 14, 2023
  • Market News
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S&P 500 Soars as Falling Inflation Boosts Fed Pause Hopes, Bank Earnings in Focus

The S&P 500 rallied and closed at its best level since mid-February, boosted by weaker-than-expected U.S. inflation data. Market attention now shifts to the first-quarter earnings season...
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  • April 14, 2023
  • Market News
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US Dollar in Freefall, USD/CAD Breaches Major Support, GBP/USD on Brink of Breakout

The U.S. dollar weakens across the board on Thursday, paving the way for USD/CAD to breach key trendline support and pushing GBP/USD to the brink of a bullish breakout....
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  • April 13, 2023
  • Market News
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Oil Price Update: OPEC Flags Downside Risks to US Summer Demand

OPEC’s monthly report for March highlighted the possibility of a subdued rise in US oil demand ahead of the summer driving season as part of the decision to cut supply...
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  • April 13, 2023
  • Market News
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Euro Latest: EUR/USD Taps a Fresh One-Year High as the US Dollar Ebbs

The US dollar continues to slide after Wednesday’s US CPI and FOMC double. The Euro in contrast is pushing higher with EUR/USD back to levels last seen one-year ago....
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  • April 13, 2023
  • Market News
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US Dollar Price Forecast: US Jobless Claims and PPI May add to USD Weakness

The dollar continued its longer-term selloff after yesterday’s headline CPI data registered a massive drop. PPI inflation & weekly jobs data threaten further USD declines...
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  • April 13, 2023
  • Market News
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British Pound Latest – GBP/USD Moves Higher on Mixed GDP Data, US Dollar Weakness

The UK economy stood still in February, according to the latest UK GDP data, hampered by industrial action in some parts of the services sector....
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