• April 6, 2023
  • Market News
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Gold Price Forecast: XAU/USD Echoes Uncertain Global Sentiment

Gold prices are cautious ahead of Friday’s NFP data as conflicting fundamental factors remain in play. XAU/USD holding above $2000....
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  • April 6, 2023
  • Market News
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Crude Oil Slides as US Data Underwhelms Pushing Yields Down. Lower WTI?

The crude oil price slipped again today as markets digest the implications of US data missing forecasts to send the US Dollar higher and Treasury yields lower. Will WTI crumble?...
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  • April 6, 2023
  • Market News
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US Dollar Gains on Soft Data that May Signal a Shift in Market Perception for USD

The US Dollar is stronger today amid a break in correlations of markets with discerning data interpretation moving into focus. If the twist remains in play, will USD go higher?...
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  • April 6, 2023
  • Market News
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Nasdaq 100 Dips as Soft ISM Services Data Fuels Economic Woes, Will Support Hold?

The tech-heavy Nasdaq 100 underperformed on Wednesday as soft US ISM Services data fueled economic woes. Will key support hold as traders turn towards Thursday’s session?...
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  • April 6, 2023
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Gold Prices Pause Ahead of US Jobs Data but Fresh Record Highs Remain in Sight

Gold takes a pause and moves without conviction on Wednesday ahead of the March U.S. jobs report, but maintains a bullish outlook and could soon reach fresh all-time highs....
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  • April 6, 2023
  • Market News
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Canadian Dollar Outlook: USD/CAD Bounces Off Trendline Support as Haven Flows Pick Up

The Canadian dollar weakens on Wednesday as risk-off sentiment undermines high-beta currencies, paving the way for USD/CAD to bounce off trendline support....
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  • April 5, 2023
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US Breaking News: ISM Services Miss adds to Economic Concerns

ISM non-manufacturing PMI data revealed drops in business activity, new orders and employment after a sizeable drop in the overall services PMI index...
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  • April 5, 2023
  • Market News
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Euro Latest: EUR/USD Holding Weekly Gains, Bulls Eye 1.1000+

EUR/USD is stuck in a tight trading range today as the Euro consolidates its recent strong performance against the US dollar. A fresh multi-month EUR/USD high is within touching distance....
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  • April 5, 2023
  • Market News
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GBP/USD at Multi-Month Highs, Acceptance Above the 1.2500 Level Remains Key

Cable retreated from multi-month highs this morning as support at 1.2449 comes into play. Will US data later provide fresh impetus for further downside or is acceptance above 1.2500 inevitable?...
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  • April 5, 2023
  • Market News
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AUD/USD Price Forecast: RBA Governor Lowe Unable to Deter Falling Aussie Dollar

The Australian dollar remains on offer despite the RBA’s Governor Lowe stating that they are leaving the door open to further rate hikes. AUD/USD bears eye 0.67....
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