• January 24, 2023
  • Market News
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UK PMIs Add to Disappointing Data Ahead of BoE Meeting, GBP Lower

UK services PMI data saw the fastest drop in business activity in the last 24 months while manufacturing beat estimates. The report compounds recent negative data prints...
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  • January 24, 2023
  • Market News
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Euro Breaking News: EURUSD Bid as PMI Data Continues Upward Trajectory

Euro Area PMI continues to improve adding further credence that the Eurozone may escape a recession....
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  • January 24, 2023
  • Market News
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Japanese Yen Steadies on PMI Data and Markets Assess Risks. Where to for USD/JPY?

The Japanese Yen saw gains against the US Dollar after comforting PMI numbers in thin trade due to Lunar New Year. The USD/JPY trend is being questioned. Will it turn?...
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  • January 24, 2023
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Australian Dollar Eyes New Heights Ahead of Crucial CPI Data. Where to for AUD/USD?

The Australian Dollar is pressing higher today as the US Dollar continues to slide with the Fed and RBA facing different challenges in the weeks ahead. Will tomorrow’s CPI hit AUD/USD?...
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  • January 24, 2023
  • Market News
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Nasdaq, S&P 500 Breakout with Earnings in Focus

Both the Nasdaq and S&P 500 have broken out to fresh highs and earnings are very much in focus this week. But is this more driven by short cover ahead of earnings announcements or is this legitimate accumulation on the back of more dovish expectations around the Fed?...
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  • January 23, 2023
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DAX, FTSE Prices Muted in Narrow Range of Technical Support and Resistance

European equities continue to trade in a narrow range of support and resistance as bulls and bears struggle to break technical support and resistance....
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  • January 23, 2023
  • Market News
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WTI Oil Advances to the 100-Day MA; Breakout or Retracement Imminent?

WTI looks on course for its third straight day of gains. Price action and a softer dollar hints at further upside ahead....
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  • January 23, 2023
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Gamma Squeeze Explained: Basic Options Theory and How it Works

Demystify the concept of the gamma squeeze by uncovering its foundations, causes and examples in this practical article....
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  • January 23, 2023
  • Market News
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British Pound (GBP/USD) Latest: Fresh Multi-Month High in Sight

Cable is pushing higher again in early European turnover, boosted by a weaker US dollar. Can the British Pound help push the pair even higher?...
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  • January 23, 2023
  • Market News
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Quantitative Tightening: What is it and How Does it Work?

Quantitative tightening is a policy tool used by central banks to moderate an overheating economy. Find out how it is implemented and uncover its potential drawbacks...
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