• February 20, 2023
  • Market News
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Euro Dollar Outlook: EUR/USD Trades Flat as Volatility Remains Light

EUR/USD has risen to another zone of technical resistance, driving Euro Dollar into another tight range. As volatility remains light, fundamentals could drive the next move....
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  • February 20, 2023
  • Market News
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Gold Prices (XAU/USD) Nudge Higher But Bigger Tests Lie Ahead

The precious metal has regained the $1840 level but with the US closed and with heavyweight data and event risk looming this week, volatility is likely in the coming days...
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  • February 20, 2023
  • Market News
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USD/JPY Update: Signs of Exhaustion, Acceptance Above 134.50 Needed for Bullish Rally to Continue.

USD/JPY has stalled following last week’s 300-pip rally. Retracement is looking more likely before further upside....
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  • February 20, 2023
  • Market News
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GBP Price Forecast: Pound Flat Against Peers, Dovish Pressure on BoE Mounting

EUR/GBP & GBP/USD price action shows minimal changes to last week’s close as markets prepare for a slew of UK, US and eurozone fundamental data throughout the week....
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  • February 20, 2023
  • Market News
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US Dollar Holds Gains as Markets Weigh Fed Moves. Will Yields Boost USD?

The US Dollar has solidified recent gains on a quiet start to the week with a US holiday giving the market time to consider the Fed’s rate path compared to other central banks....
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  • February 20, 2023
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Japanese Yen Dips as Treasury Yields Climb Ahead of Ueda Testimony. Higher USD/JPY?

The Japanese Yen has lost ground against the US Dollar as the threat of a re-acceleration of Fed rate hikes lifted Treasury yields and ahead of the nominee for BoJ Governor address....
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  • February 20, 2023
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Markets Week Ahead: US Dollar, Gold, Dow Jones, FOMC Minutes, PCE, NZD/USD, RBNZ

The US Dollar outperformed as stronger CPI data bolsters hawkish Fed bets last week. Gold prices fell. Ahead, all eyes are on FOMC minutes, PCE data and another RBNZ rate hike. What else is due?...
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  • February 19, 2023
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Gold Price Fundamental Forecast: XAU/USD Tentative Awaiting Fundamental Catalyst

Gold prices look to upcoming fundamental data next week while XAU/USD holds above 1830 for now....
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  • February 19, 2023
  • Market News
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Oil Forecast: Crude Prices Sink on Rising Rates & China’s Slow Demand Recovery

Oil prices slumped this week as rising rates raised fears of an economic downturn. China’s slow fuel demand recovery following the reopening of its economy also weighed on sentiment....
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  • February 19, 2023
  • Market News
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Canadian Dollar Outlook: Canada’s CPI Eyed as USD/CAD Challenges Key Resistance

Canada’s January inflation report and broad market sentiment following the hawkish repricing of the Fed’s policy outlook will be key catalyst for USD/CAD in the coming days....
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