Market News

The US dollar’s trading bias will be defined by the Fed’s policy outlook next week. Traders should prepare for the possibility of a dovish guidance due to rising financial instability risks....

Gold prices soar, rising to the highest level since early February, boosted by falling bond yields and risk-off mood as the U.S. banking sector woes fail to dissipate....

The South African Rand has surrendered weekly gains after fears over the US banking system ease, supporting a resilient Dollar. USD/ZAR remains uncertain ahead of FOMC....

US stocks responded favorably after assurances in the banking sector were put forward by the Federal Reserve, along with a show of confidence by large US banks...

The Euro is pushing higher against a range of currencies as a group of ECB policy makers observe that inflation remains too high and that the central bank will have to hike interest rates further....

Cable enjoyed a strong bounce yesterday helped by improving sentiment and a weaker US Dollar. Weekly high around 1.2200 may cap gains ahead of a next week’s key data releases....

The gold price remains elevated today as the markets assess the implications of the latest rescue package for another bank in crisis mode. If the US Dollar recovers, will XAU/USD go lower?...

Crude oil prices traded flat on Thursday amid competing fundamental headlines. While financial sector volatility cooled, markets also priced out some Fed rate cut bets....

The US Dollar climbed as First Republic Bank was poised to receive aid and market volatility cooled. Meanwhile, the Fed’s balance sheet ballooned, but not because of quantitative easing....

The Nasdaq 100 soars as market sentiment improves on news that big US banks have teamed up to rescue First Republic, a move that will reduce financial instability risks in the wake of recent events....