• January 20, 2023
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Japanese Yen Dips as JGBs Retreat from Bank of Japan Cap. Where to for USD/JPY?

The Japanese Yen appears to be in a holding pattern after bond yields recoil from testing the Bank of Japan’s resolve as markets contemplate the Fed’s rate path. Will USD/JPY go lower?...
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  • January 20, 2023
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Australian Dollar, Dow Jones at Risk as Fed Officials Stress Tight Policy Ahead

The Australian Dollar fell as hawkish Fedspeak from Lael Brainard and John Williams dented the Dow Jones. AUD/USD remains at risk over the remaining 24 hours....
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  • January 20, 2023
  • Market News
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Netflix Earnings Mixed, Don’t Offer Nasdaq 100 and Tech a Clear Path to Recovery

Netflix was the first of the FAANG members and non-blue chip tech companies to report its earnings afterhours Thursday. The streaming media company reported a significant miss on earnings per share (EPS) but the increase in paid membership seemed to soften the blow....
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  • January 20, 2023
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Gold Price Outlook: XAU/USD Bounces Back, Rising Above $1,900

Gold prices have rebounded above $1,900 after a slight pullback drove XAU/USD below the key psychological level providing support and resistance for the precious metal....
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  • January 20, 2023
  • Market News
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY

The USD bounced from a fresh seven-month low yesterday and EUR/USD is grinding a range atop key resistance. GBP/USD is testing above a key Fibonacci level....
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  • January 19, 2023
  • Market News
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US Equities Sell-off: SPX, Nasdaq and Dow Hint at a Lower Open

The Dow led the drop in US stocks after dismal retail sales data and a stern reminder from the Fed’s Bullard that recent price declines won’t distract the committee...
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  • January 19, 2023
  • Market News
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GBPUSD Slips But Remains Well Bid On Interest Rate Bets

A lack of UK economic news has seen the Pound retreat a little, but it remains well supported close to six-month highs...
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  • January 19, 2023
  • Market News
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US Dollar (DXY) Latest: Weak Rebound off the Multi-Month Low, Slowdown Fears Grow

The US dollar’s latest attempt to push higher has been met with apathy and with US Treasury yields falling further, the path of least resistance for the greenback looks lower....
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  • January 19, 2023
  • Market News
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EUR/USD Forecast: Upcoming ECB Minutes to Augment Hawkish Bets?

EUR/USD remains elevated ahead of key ECB releases. How much further can the euro go?...
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  • January 19, 2023
  • Market News
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Crude Oil Prices Spooked by US Data, IEA Report as WTI Turns to EIA Inventories

Crude oil prices sank the most in 2 weeks as softer US data and an IEA report on a global supply glut spooked traders. Ahead, will EIA inventories further pressure WTI?...
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