• April 13, 2023
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Gold Price Eyes New Highs as US Dollar Wilts on Soft CPI. Will XAU/USD Rally?

The gold price scoped new highs after the US Dollar descended in the wake of CPI printing below forecasts and Fed meeting minutes revealing a tapering of sorts. Where to for XAU/USD?...
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  • April 13, 2023
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Australian Dollar Boosted by Solid Jobs Data and Weaker USD. Where to for AUD/USD?

The Australian Dollar moved higher after better-than-forecast employment data today. It comes with the US Dollar undermined by soft CPI data and Fed meeting minutes. Higher AUD/USD?...
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  • April 13, 2023
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US Dollar Extends Losses as Fed Minutes Flag Recession Risks amid Banking Sector Turmoil

Minutes from the Fed’s March meeting indicate that the banking sector turmoil that erupted last month could lead to tighter lending standards and pave the way for a recession later this year....
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  • April 12, 2023
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Bank of Canada Holds Rates Steady & Sticks to Data Dependency, USD/CAD Slides

At the conclusion of its April monetary policy meeting, the Bank of Canada decided to maintain its policy rate at 4.50%, with a commitment to remain data dependent....
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  • April 12, 2023
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USD Breaking News: US Dollar on Offer After Mixed CPI Report

The USD slipped after the US CPI report missed on the headline figure down to 5% from 5.2% expected. DXY bears eye 101 support level....
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  • April 12, 2023
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Euro Latest: EUR/USD In Limbo Ahead of the Latest US Inflation Release

The latest US CPI report crosses the wires at 12:30 GMT today before the FOMC minutes are released at 18:00 GMT. Until then, a range of markets are stuck in a holding pattern....
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  • April 12, 2023
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Gold Price Forecast: Key Confluence Area in Sight Ahead of US CPI Data

Spot Gold eyes fresh highs as it reclaimed the psychological $2000 mark yesterday. Make or Break time for the precious metal?...
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  • April 12, 2023
  • Market News
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British Pound (GBP/USD) Forecast Led by US CPI, FOMC Minutes and Gov Bailey

GBP/USD price outlook is in for a volatile afternoon today with key US economic data and the BOE’s Governor Bailey scheduled to speak....
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  • April 12, 2023
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US Dollar Gives up Ground Ahead of CPI Data and Japanese Yen Also Slips

The US Dollar softened today as the market awaits the latest US inflation gauge due out later today. There is potential for significant market impact from the data. Where to for USD/JPY?...
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  • April 12, 2023
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Crude Oil Price Finds Comfort Ahead of a Potential Breakout. Where to for WTI?

Crude oil prices have become ensconced in the elevated levels achieved by OPEC+ output target cuts while underlying market structures appear to be supportive for now. Will WTI go higher?...
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