Market News

USD/ZAR Price action has stalled after a brief retest of 17.700. As Eskom continues to place pressure on the EM currency, technical levels hold firm....

GBP/USD appears vulnerable as markets await comments from Fed Chair Powell. Hawkish rhetoric from the Fed Chair likely to keep the greenback supported....

BP’s record profit helps drive the UK index higher just days after Shell smashed its previous best earnings. Oil, mining, and financials continue to lead the index...

US Treasury yields have re-priced sharply higher after last Friday’s NFP report and this has left gold vulnerable to further losses in the short term....

Brent crude oil opens the European session on the front foot but markets are wary in anticipation of Fed Chair Jerome Powell’s speech later today....

The US Dollar gave up some ground today after reclaiming the ascendency with the Federal Reserve picking up the hawkish message ahead of Powell’s speech today. Where to for DXY (USD) Index?...

The Australian Dollar skipped north after the RBA raised the cash rate target by 25 basis points to 3.35% as the central bank tries to rein in eye watering inflation. Will AUD/USD go higher?...

The strong trends of risk aversion and Dollar recovery at the end of last week have survived the weekend. EURUSD and USDJPY won significant technical progress as the market’s Fed rate forecast has jumped, but how far can this momentum carry? Meanwhile, will meme stock volatility unsettle the S&...

There has been a notable swoon in risk-leaning assets that has also provided some predictable lift to the US Dollar. Combined, these forces have created some unique pressure on some of the more pressurized emerging market currencies. We look at the Dollar cross with the Mexican Peso, Hong Kong Dolla...

The greenback looks set to post further gains against the loonie as fundamentals and technicals form perfect cocktail. Can a rebound in WTI prices limit the upside potential?...