• March 30, 2023
  • Market News
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British Pound Latest: GBP/USD Grinds Higher as US Data Releases Near

GBP/USD traders have had difficult trading conditions so far this week with the pair stuck in a tight range. US data released today and tomorrow may change this....
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  • March 30, 2023
  • Market News
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Crude Oil Prices Fall on Soft Fed Energy Report, Eyes on US Jobless Claims Next

Crude oil prices fell after a disappointing energy survey from the Federal Reserve. Over the remaining 24 hours, WTI remains vulnerable to a nasty surprise in US jobless claims....
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  • March 30, 2023
  • Market News
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Japanese Yen Slips as US Dollar Recovers Along with Risk Assets. Where to for USD/JPY?

The Japanese Yen ran lower going into Thursday with fiscal year-end approaching and a generally buoyant mood for markets with banking issues subsiding for now. Will USD/JPY go higher?...
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  • March 30, 2023
  • Market News
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S&P 500 Attacks Trendline Resistance as Bulls Assert Control. Breakout Looming?

S&P 500 rallies and challenges a key technical resistance as market sentiment continues to improve amid easing concerns around the health of the U.S. banking sector....
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  • March 30, 2023
  • Market News
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Gold Price Forecast: XAU/USD Stumbles as Risk-on Sentiment Returns

Gold prices have eased after the US Dollar made a swift rebound, alongside US equities and other risk assets. Can the broader market shake off potential risks of contagion?...
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  • March 29, 2023
  • Market News
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USD/CAD at Risk of Breakdown as Oil Gains, Canadian Dollar Outlook Bullish for Now

USD/CAD extends losses on risk-on mood and rising oil prices, with the pair steadily approaching a key technical support near the 50-day simple moving average....
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  • March 29, 2023
  • Market News
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S&P 500, Nasdaq Set to Open Higher Upon an Improved Outlook

Markets appear satisfied, for now, that banking concerns have eased, making room for improved risk appetite. S&P 500 and the Nasdaq 100 are expected to open higher...
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  • March 29, 2023
  • Market News
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USD/JPY Moves Higher as the Japanese Yen Sheds its Risk Premium

USD/JPY is back above 132.00 for the first time in a week as bank contagion fears recede. Comments from Bank of Japan (BoJ) deputy governor Shinichi Uchida however may boost the Yen’s longer-term attraction...
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  • March 29, 2023
  • Market News
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EUR/USD Hands Back Some Gains, German CPI Data In Focus

A quiet European session for economic cues has seen the single currency slip back a little, but there’s plenty of trading life left in this week...
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  • March 29, 2023
  • Market News
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Oil Price Update: WTI and Brent Rally Faces Technical Headwinds

Oil prices remain supported for now as supply fears remain a concern. A return of USD strength and Technical hurdles could limit further upside. Interesting times for the Oil market....
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