• April 24, 2024
  • Market News
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US Dollar Rattled by Weak PMIs, US GDP and Core PCE Remain this Week’s Key Drivers

The dollar slipped in early US turnover as the latest S&P PMIs miss forecasts and last month’s numbers. Growth and inflation data and US Treasury auctions now on the horizon....
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  • April 23, 2024
  • Market News
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EUR/USD Rises after Shock US PMI Highlights Demand Weakness

EUR/USD received a much needed reprieve from USD dominance after flash PMI data for April highlighted potential concerns for the US. EUR/GBP surrenders recent gains...
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  • April 23, 2024
  • Market News
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British Pound Bounces At Downtrend Line, Still Pressured By Rate-Cut Expectations

Sterling scored a little bounce against the Dollar, but monetary policy expectations will continue to make durable gains tough...
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  • April 23, 2024
  • Market News
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Gold’s Surge Halted as Risk Appetite Returns, US Economic Data in Focus

The precious metal has lost around 5% of its value since last Friday as risk assets benefit from the current pause in the Israel-Iran conflict...
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  • April 23, 2024
  • Market News
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Yen Alert: Suzuki Stresses Trilateral Support Ahead of Golden Week

Massive yen shorts raises the risk of a sharp USD/JPY reversal should authorities intervene in the FX market to strengthen the yen. US PCE a potential catalyst?...
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  • April 23, 2024
  • Market News
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Risk Sentiment Snapshot: Gold, Silver and S&P 500 Price Trends

Risk sentiment has improved at the start of the week, seeing notable moves across typically risk sensitive assets in a week when US data and tech earnings take center stage...
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  • April 23, 2024
  • Market News
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Japanese Yen Latest: USD/JPY and GBP/JPY Technical Analysis and Outlooks

The Bank of Japan’s latest policy decision, US Q1 GDP, and Core PCE data makes this an important week for USD/JPY traders....
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  • April 22, 2024
  • Market News
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EURUSD Steadies As Market Looks Ahead To Key US Inflation Numbers

The Euro’s sharp slide has relaxed a little but there are still few if any reasons to back the single currency over the greenback...
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  • April 22, 2024
  • Market News
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Aussie Dollar Outlook: Sentiment Reversal Fuels AUD Recovery

The Aussie dollar attempts to claw back losses on an improving risk outlook. However, declining Aussie inflation and hot US data (GDP, PCE) pose a threat to AUD...
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  • April 22, 2024
  • Market News
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GBP/USD, EUR/GBP Outlooks – Sterling Weakens After Bank of England Commentary

Sterling fell late Friday after BoE dep gov Dave Ramsden reiterated governor Bailey’s recent view that inflation is set to drop sharply...
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