Market News

EUR/USD resumes its ascent on risk-on sentiment following a brief correction, but bullish momentum could soon run out of steam as Europe’s economic outlook remains difficult....

The DAX index gapped up at the open today after a very strong move in Asian equities. Siemens’ positive Q1 earnings leads the index further into overbought territory...

The UK is likely to avoid a technical recession this year, according to the NIESR, but with growth expected close to zero, it may be a close-run thing....

WTI Oil has posted 3 successive days of gains following a double bottom pattern and renewed optimism around China’s growth prospects....

The Australian dollar awaits key economic data for some short-term directional partiality. AUD/USD will break a key level soon....

The US Dollar reclaimed the ascendency overnight after the Federal Reserve got its message across loud and clear and the markets believed them this time. Where to for USD/JPY?...

The S&P has pulled back from last week’s 2023 peak as Federal Reserve tightening concerns continue to plague equity markets. If interest rates go higher for longer as promised, where does that leave Wall Street?...

The markets have downshifted this week with the lighter economic docket giving greater weight to the technical barriers that are prevalent across the benchmarks. Will the S&P 500 and Dollar be able to earn a break and traction before next week’s US CPI stirs the speculative waters again?...

The EURUSD’s dramatic reversal from an unsuccessful break above the midpoint of the 2021-2022 range around 1.1000 has lost traction. Market conditions and the docket support ranging and breakouts without follow through, but behind this market there is a groundswell that distinctly contrasts other ...

Silver, much like gold, has had a tough time of late. Dropping like a stone from a well-defined zone of resistance, now attempting to find its feet at prior support...