• March 1, 2023
  • Market News
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US Dollar Extends Losses as Consumer Confidence Sours. What’s Next for the USD?

The U.S. dollar extended losses after U.S. consumer confidence data surprised to the downside and prompted Treasury yields to pare their daily advance....
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  • February 28, 2023
  • Market News
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Pound Sterling Reacts Favorably to NI Protocol – GBP/USD, GBP/JPY Rise

News of Rishi Sunak striking a deal with the EU has lifted sterling, but the supposed improvements need to satisfy Tory Brexiteers and the Democratic Unionist Party (DUP)...
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  • February 28, 2023
  • Market News
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Crude Oil Market Looks Nervously To PMIs, Inventory Data

A nervy oil market awaits a slew of both energy-specific and general economic numbers...
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  • February 28, 2023
  • Market News
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USD/JPY Facing Strong Technical Hurdle at the 137.00 Level

The Yen remains vulnerable against the greenback as potential BoJ Governor Ueda doubles down on easy monetary policy stance. Can the Technical hurdles ahead keep USDJPY in check?...
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  • February 28, 2023
  • Market News
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Canadian Dollar Outlook: USD/CAD Price Seeks Breakout Ahead of Canadian GDP

USD/CAD is trading marginally higher this morning as the US dollar claws back lost gains. Canadian GDP and US consumer confidence under the spotlight today....
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  • February 28, 2023
  • Market News
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Gold Prices at Risk Heading into US Consumer Confidence Data, Death Cross Eyed

Gold prices appear at risk as traders turn their attention to US Consumer Confidence data next. Meanwhile, a bearish Death Cross is in focus on the daily chart....
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  • February 28, 2023
  • Market News
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British Pound Holds the Bounce as US Dollar Pauses with Fed Firm on 2% Inflation Goal

The British Pound found firmer footing on a potential trade deal between the UK and EU while the US Dollar eased with Federal Reserve maintaining its inflation target. Higher GBP/USD?...
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  • February 28, 2023
  • Market News
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Australian Dollar Pauses After Trend Break. Where to for AUD/USD?

The Australian Dollar recovered today after solid domestic data and found support on Monday as the market contemplates the RBA rate and ahead of GDP tomorrow Lower AUD/USD?...
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  • February 28, 2023
  • Market News
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US Dollar Sees Setback on Weak Durable Goods Orders, But DXY Trend Holds Bullish

The US Dollar fell the most since the beginning of February following disappointing durable goods orders. Still, the DXY may remain focused higher after a bullish Golden Cross emerged....
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  • February 28, 2023
  • Market News
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Silver Price Update: Runaway Sell-off Eyes Key Level of Support

Commodity markets have sold off in the wake of upward revisions to the Federal Funds rate. The non-interest-bearing asset now approaches a crucial technical level...
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