• February 24, 2023
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Gold Price Forecast: Bulls Face a Challenge Ahead US PCE Data

Spot gold continues to struggle after printing a fresh 7-week low yesterday. Can the US PCE data provide a catalyst and reignite an upside rally?...
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  • February 24, 2023
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Bitcoin Falls as Nasdaq 100 Scores Wild Swings amid Fed Jitters, US PCE Data Ahead

Bitcoin falls for a third straight session as risk assets swing wildly amid heightened uncertainty over the Fed’s monetary policy outlook ahead of U.S. PCE data before the weekend....
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  • February 24, 2023
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EUR/USD Subdued as US Dollar Retains Upper Hand, Gold Can’t Shake Off the Blues

The U.S. dollar extends its rebound following the release of the FOMC minutes on Wednesday, reinforcing the short-term negative bias in the euro and gold prices....
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  • February 23, 2023
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Equities Outlook: Dow Jones, S&P and Nasdaq Lifted by Upbeat Earnings

The S&P 500 index, Dow Jones 30 and the Nasdaq 100 are attempting to reverse the recent slump after the FOMC minutes and Nvidia earnings helped lift sentiment....
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  • February 23, 2023
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Crude Oil Update: Anticipated EIA Stock Build Favors Current Trading Range

Stock builds in the US and a stronger dollar may be offset by production cuts in Russia and the China reopening effect. However, rising rates raise concern over demand...
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  • February 23, 2023
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GBP/USD Wilts Toward Key Retracement As Rate Prospects Support USD

Economic fragility in the UK and the prospect of higher interest rates for longer in the US add up to a toxic mix for Sterling bulls...
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  • February 23, 2023
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EUR/USD on a Knife Edge as Eurozone Core Inflation Ticks Higher

EZ core inflation hits record in January with EURUSD surrendering the 1.0600 handle. Further downside looking ever more likely. 1.0500 incoming?...
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  • February 23, 2023
  • Market News
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AUD Price Forecast: Aussie at Key Inflection Point Post-FOMC

The Australian dollar is now testing the 0.68 handle but technical analysis could suggest a reversal to the upside for the AUD....
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  • February 23, 2023
  • Market News
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US Dollar Slides After FOMC Boost as Hikes Get Baked in. Is There a New Trend for USD?

The US Dollar reclaimed the ascendency overnight before slipping today after the FOMC minutes confirmed the perception of upcoming hikes. Is the DXY (USD) Index starting a new trend?...
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  • February 23, 2023
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US Dollar Rallies as Fed Minutes Point to More Hikes amid Upside Inflation Risks

The U.S. dollar, as measured by the DXY index, extended session gains after FOMC minutes showed that policymakers continue to anticipate additional rate hikes to contain inflation....
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