• January 13, 2023
  • Market News
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Euro Continues to Surge as the US Dollar Wilts Post US CPI. Higher EUR/USD?

The Euro rally has been maintained today after the US Dollar was pummelled on bets that the Federal Reserve may not need to be so hawkish. Will the trend continue for EUR/USD?...
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  • January 13, 2023
  • Market News
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Dollar Breaks But S&P 500 Can’t Overcome 200-Day Average After CPI, Bank Earnings Ahead

US inflation continued its slide back towards earth, but the market struggled to muster a clear ‘risk appetite’ response. Whether the markets are starting to fully discount a steady CPI retreat or the report was just undermined by its ‘in-line’ print, we have another spark to push the S&...
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  • January 13, 2023
  • Market News
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Gold Prices Break Higher After US CPI Sank US Dollar, Where to for XAU/USD?

Gold prices roared higher after an in-line US CPI report sank the US Dollar and Treasury yields. XAU/USD broke higher, restoring momentum. Where to from here?...
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  • January 13, 2023
  • Market News
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USDJPY, GBPJPY, AUDJPY Drop as Japanese Yields Swell

In the rush of volatility surrounding the US CPI build up and impact, the headline that the majors’ most dovish central bank – the Bank of Japan – could be warming up to further tightening didn’t garner the attention it deserves. Those following the USDJPY, GBPJPY and other Yen crosses shoul...
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  • January 13, 2023
  • Market News
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US Dollar Price Action Setups post-CPI: EUR/USD, GBP/USD, USD/JPY

The US Dollar sold-off after an in-line CPI print, dropping down to a Fibonacci level and trendline for a support test....
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  • January 13, 2023
  • Market News
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S&P 500 Post CPI Rally Muted by Technical Resistance

US CPI data for the month of December fell in-line with expectations in anticipation of bank earnings, providing an initial lift to S&P 500. Can SPX clear 4000 to move higher?...
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  • January 12, 2023
  • Market News
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CPI Breaking News: US Headline CPI 6.5%, Core at 5.7% – In line with Estimates

US inflation continues to ease as the December measures of core and headline inflation print in line with estimates. S&P shoots above 4000, DXY below 103...
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  • January 12, 2023
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EURUSD Bullish As Key US Inflation Data Approach

The Euro remains supported against the Dollar by interest rate forecasts as a key clue to that thesis approaches...
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  • January 12, 2023
  • Market News
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US Dollar (DXY) Treading Water as US CPI Data Nears, Volatility Subdued for Now

The US dollar remains under pressure ahead of the latest inflation report with markets pricing in a subdued reading. Will today’s CPI release confirm this optimism?...
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  • January 12, 2023
  • Market News
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XAU/USD Forecast: Gold Optimistic About Softening U.S. Inflation

Gold has been benefitted from the recent dollar selloff ahead of key US CPI data. XAU/USD currently tests the key $1880 handle....
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