• January 12, 2023
  • Market News
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Can CPI Recharge VIX and Spark a True S&P 500 Trend?

We will soon trade anticipation for fundamentally-driven action. The CPI release is due before the US open, and traders are clearly well-aware of the indicator’s recent history of invoking volatility. Will this release resolve our lack of trend and persistent volatility crush or will the attention...
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  • January 12, 2023
  • Market News
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Japanese Yen Gains as Breaking Story Hints at Further Bank of Japan Policy Tweak

The Japanese Yen rose after a developing story hinted at a further Bank of Japan policy tweak. Still, USD/JPY remains above support and may stay there until US CPI data passes....
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  • January 12, 2023
  • Market News
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Crude Oil Posts Biggest Rally Since November 4 with CPI Volatility Ahead

US-based crude oil futures rallied a healthy 3.3 percent this past session against a backdrop of measures ‘risk appetite’. The chart for capital markets assets connects more readily to hope for a quicker downshift in inflation and pressure for the Fed to drop rates, but can crude oil draw the sa...
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  • January 12, 2023
  • Market News
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S&P 500 Rallying into CPI Again: USD Grinds Support as EUR/USD Tests Resistance

Tomorrow brings the CPI report from the month of December and expectations are for further reduction. The bigger question after last month is market response....
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  • January 12, 2023
  • Market News
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UK 100 Outlook: FTSE 100 Shakes Off Recession Risks Rising Above 7700

The UK FTSE 100 has maintained its bullish outlook ahead of tomorrow’s US CPI print, rising above pre-pandemic levels despite rising recession risks....
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  • January 11, 2023
  • Market News
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EUR/GBP Forecast: Euro Takes Centre Stage Via ECB Speakers

The EUR/GBP currency pair is trading higher this Wednesday on the back of hawkish ECB officials in preparation for key economic data later in the week....
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  • January 11, 2023
  • Market News
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Gold Price Latest: XAU/USD Piercing Multi-Month Resistance

The precious metal continues to grind higher and unless Thursday’s US inflation release comes in higher than expected, gold is likely to test resistance around the $1,900/oz. level this week....
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  • January 11, 2023
  • Market News
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USD/JPY Latest: Hints of BoJ Policy Tweaks and Death Cross in View

USD/JPY has been dropping as US interest rate expectations are revised lower. A potential death cross in the pair supports the current trend ahead of crucial US CPI...
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  • January 11, 2023
  • Market News
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Gold Eyes New Highs Ahead of US CPI as Fed Preps for Hikes. Where to for XAU/USD?

The gold price remains buoyant ahead of US CPI tomorrow as the market ponders the rate path of the Federal Reserve that has seen real yields slide. Where to for XAU/USD?...
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  • January 11, 2023
  • Market News
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Australian Dollar Bumps Up on Data Amid Global Macro Tailwinds. Higher AUD/USD?

The Australian Dollar initially sailed north after CPI and retail sales data aided the rising tide toward risk assets seen so far this week. Where to for AUD/USD?...
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