• March 22, 2023
  • Market News
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UK Inflation Soars, GBP/USD Nears a Six-Week High, All Eyes on the Fed

The cost of living in the UK jumped unexpectedly in February, according to the latest official figures, ramping up the pressure on the Bank of England to hike interest rates on Thursday....
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  • March 22, 2023
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Gold Price Technical Setup Seems Bearish Before Jerome Powell’s Anticipated Hike

Gold prices face a bearish technical setup ahead of the Federal Reserve and Jerome Powell’s press conference. Will the central bank signal the end to tightening?...
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  • March 22, 2023
  • Market News
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US Dollar Dips as the Fed Ponders the Inflation Versus Bank Crisis Dilemma

The US Dollar is weaker today as risk assets found support from Treasury reassurances and ahead of the Federal Reserve that faces a crucial interest rate decision. Will a pause sink USD?...
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  • March 22, 2023
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Nasdaq 100 Soars Despite Rally in Yields, VIX in Freefall Ahead of Fed. Now What?

The Nasdaq 100 rallies despite rising Treasury yields amid speculation that the worst of the banking sector turmoil is over thanks to coordinated action by government authorities....
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  • March 22, 2023
  • Market News
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EUR/USD Price Forecast: Is the Panic Over? Sentiment Reversal Lifts the Euro

The euro trades higher today on a much-improved outlook as banking stocks rise across the board. ECB’s Enria and ratings agency S&P echo that EU banks are resilient...
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  • March 22, 2023
  • Market News
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Crude Oil Forecast: Prices Extend Recovery as Banking Sector Jitters Fade

Oil prices rise and advance for the second consecutive day as market confidence improves further, but the outlook for energy commodities remains challenging....
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  • March 21, 2023
  • Market News
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GBPUSD Weaker As Market Looks To Fed, Bank of England

There are monetary policy calls on both sides of the GBP/USD pair this week, with major moves unlikely until they’re out of the way...
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  • March 21, 2023
  • Market News
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Gold Price Slips Lower as Markets Turn Risk-on, FOMC Will Guide the Next Move

After breaking the $2k barrier for the first time in a year, gold has given back some of its recent gains ahead of Wednesday’s all-important Fed monetary policy decision....
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  • March 21, 2023
  • Market News
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AUD/USD Drops as RBA Minutes Reveal Likelihood of an April Pause

The Reserve Bank of Australia’s minutes of the March meeting revealed discussions on a pause in interest rates to be discussed in April. AUD/USD trades lower...
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  • March 21, 2023
  • Market News
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Crude Oil Crumbles as Markets Assess Banks Ahead of Fed. Will WTI Go Lower?

The crude oil price slid lower again today as markets digest the measures being taken by regulators to tackle the evolving banking crisis. If the Fed hikes on Wednesday, where will WTI go?...
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