• March 28, 2023
  • Market News
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AUD/USD Rises on Positive Retail Sales Data, CPI Ahead

AUDUSD rallied into key resistance around the 0.6700 level. Will we see a break higher with momentum or are we in for another rejection?...
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  • March 28, 2023
  • Market News
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US Dollar Struggles to Gain Ground as Treasury Yields Leap. Where to for USD?

The US Dollar drifted lower as the markets digest the SVB rescue and Treasury yields run higher, calling into question a Fed pause. If risk assets continue to rally, will USD go lower?...
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  • March 28, 2023
  • Market News
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Crude Oil Price Surges on Easing Banking Woes and Supply Issues. Higher WTI?

Crude oil prices jumped overnight on a combination of factors, including FDIC throwing SVB Financial a lifeline, the US Dollar weakening and tightening supply. Will WTI recover further?...
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  • March 28, 2023
  • Market News
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EUR/USD Bolts Toward Trendline Resistance, GBP/USD Threatens Bullish Breakout

The U.S. dollar weakened widely at the start of the week amid positive market sentiment and reduced demand for haven positions, boosting high-beta currencies such as the euro and British pound....
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  • March 28, 2023
  • Market News
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Gold Prices Sink as Yields Pop, Mood Improves, Bullish Momentum Exhausted for Now

Gold prices fall sharply on Monday, undermined by rising U.S. Treasury yields and improving market sentiment on the prospect of more U.S. support for the banking system....
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  • March 28, 2023
  • Market News
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Nasdaq 100 Price Outlook: SVB Sale Soothes Markets, Risk Sentiment

The week started with good news for the banking sector which elevated risk appetite. Anticipated rate cuts in 2023 supports tech stocks, highlighting outperformance...
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  • March 27, 2023
  • Market News
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US Dollar (DXY) Subdued, Banks Gain, US Treasury Yields Move Higher

The US dollar is unchanged to start the US session after US bank First Citizen steps in to buy failed lender Silicon Valley Bank...
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  • March 27, 2023
  • Market News
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Crude Oil Outlook: Oil Prices Bounce off Support as Bank Jitters Ease

Crude oil has extended last week’s gains, pushing prices toward technical resistance. As bank jitters ease, oil has received a positive boost in sentiment....
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  • March 27, 2023
  • Market News
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British Pound Latest: GBP/USD Squeezes Higher as Risk Sentiment Improves

A range of asset classes open the week with a mild risk-on bid after a takeover of failed lender SVB boosts market sentiment...
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  • March 27, 2023
  • Market News
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USD/JPY Bounce Looks Corrective, Lacks News Backing

The US Dollar made modest gains on the Japanese Yen but the Charts don’t look great for Dollar Bulls...
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