Market News

The first look at US Q4 GDP hits the screens shortly and cable (GBP/USD) traders will be watching this release closely...

EUR/USD looking to break key long-term resistance around 1.0930. Will US GDP data provide the needed catalyst?...

Brent crude oil prepares itself for key US economic data later today as it starts off the European session on the backfoot....

The Japanese Yen gained alongside a drop in US bond yields. The 2-year Treasury auction showed demand at its highest since 2020. Where to for USD/JPY?...

Risk trends continue to exhibit anxiety amid chop that fully undermining major technical levels. Meanwhile, the Dollar has been remarkably stoic with a 9-day range that rivals the year-end holiday trade. Will the forthcoming US GDP and PCE readings earn a breakout? What’s more, could a break turn ...

There are competing forces on Dollar, which have prevented the benchmark currency from developing a clear trend. Those competing fundamental winds are even more severe when it comes to USDJPY, which has further developed the month’s long channel. What could push this cross to break?...

The S&P 500 found support at its 200-day moving average this morning, while the Nasdaq has its own 200 dma as key resistance and the Dow as key support....

The Bank of Canada raised rates by 25bps this Wednesday leaving markets forecasting no more rate hikes to come for the year. USD/CAD finds support....

Bitcoin prices have fallen back into a narrow range that has formed around the September high of $22,781. Will a break of this zone determine the next move for BTC?...

Sentiment in the German economy ‘has brightened’ according to the latest Ifo report and this may give ECB a bit more ammunition as they continue to push for multiple rate hikes...