• March 29, 2023
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Hang Seng Index Jumps on Alibaba News as Banking Issues Subside. Higher HSI?

The Hang Seng Index found a firmer footing after Alibaba announced a split up of the company adding to the positive sentiment from a calm banking sector. Where to for HSI?...
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  • March 29, 2023
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Gold Prices Remain Vulnerable to PCE Data as Retail Traders Boost Upside Exposure

Gold prices rallied as the US Dollar fell on Tuesday. XAU/USD remains vulnerable to volatility that may arise from US PCE data later this week as retail traders boost upside exposure....
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  • March 29, 2023
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Australian Dollar Softens on CPI as Banking Risk Fears Allayed. Higher AUD/USD?

The Australian Dollar softened after CPI data today after it was buoyed by market sentiment with perceptions that the banking crisis is over. If the RBA pause, will AUD/USD go lower?...
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  • March 29, 2023
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US Dollar Dismissed Despite Upbeat Consumer Confidence, Further Pain Ahead?

Despite upbeat US consumer confidence data, the US Dollar did not receive any love on Tuesday as the 2-year Treasury yield gained. Is further pain ahead for the currency during Asia trade?...
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  • March 29, 2023
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Oil Gains on Supply Disruption Risks but Headwinds Loom, Key Levels to Watch

Oil prices rise to their best level in two weeks on supply disruptions in the Middle East, but the technical outlook suggests that the recent rally may be short-lived....
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  • March 29, 2023
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USD/CAD Price Forecast: Greenback Extends Losses as Loonie Gains

USD/CAD has broken below prior support after the Senate Banking Committee shifted focus to US regulators, demanding answers for the recent banking crisis....
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  • March 29, 2023
  • Market News
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US Consumer Confidence Rebounds Unexpectedly, but Fails to Boost US dollar

The U.S. dollar retains a negative bias despite better-than-expected consumer confidence data, as traders remain focused on the U.S. banking sector woes and the possibility of a Fed pivot later this year....
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  • March 28, 2023
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Gold Price Losing its Safe-Haven Shine, US Bond Yields Move Higher

Gold is losing some of its safe-haven premium as the recent banking turmoil continues to calm down. Risk may be back on the table but for how long?...
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  • March 28, 2023
  • Market News
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GBPUSD Gains Again, BoE Bailey Says Inflation Fight Comes First

The British Pound Continued its run as the BoE Governor said banking worries won’t stop rate rises...
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  • March 28, 2023
  • Market News
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EUR/USD Price Forecast: US and EU Banking Supervisors Provide Updates

With a sizeable downshift in high importance data this week, markets are left to assess respective rate differentials and comments from banking supervisors...
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