• January 9, 2023
  • Market News
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Australian Dollar Leaps Despite Weak Data as the US Dollar Slides. Higher AUD/USD?

The Australian Dollar motored higher with the US Dollar giving up ground on the back of conjecture that the Federal Reserve might have wriggle room on looming hikes. Where to for EUR/USD?...
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  • January 9, 2023
  • Market News
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Crude Oil Price Steadies the Ship Despite the Fed Staying on Course. Where to for WTI?

Crude oil has made some ground today after a wild ride last week that saw large declines with the Federal Reserve set to make the hard decisions to slow the economy. Will WTI rebound?...
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  • January 8, 2023
  • Market News
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Markets Week Ahead: Dow Jones, S&P 500, US Dollar, Gold, British Pound, US CPI

The Dow Jones and S&P 500 gained as softer US economic data cooled the US Dollar, pushing gold prices higher. Ahead, all eyes turn to US CPI and UK GDP figures....
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  • January 8, 2023
  • Market News
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Gold Fundamental Price Outlook: XAU/USD Primed for the Next Leg Higher

The precious metal continues to be in the thrall of US rate expectations and with yields starting to reverse lower from their recent elevated levels, gold may soon attempt to make a fresh multi-month high....
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  • January 8, 2023
  • Market News
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USD Weekly Outlook: Dollar Index (DXY) Eyes U.S. CPI

The U.S. dollar starts the week under pressure but may find some respite from U.S. CPI should actual figures exceed forecasts....
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  • January 7, 2023
  • Market News
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S&P 500 and Dow Break Higher Despite Strong Recession Signal, Key US Event Risk Ahead

The S&P 500 managed to pull out a strong first-week-of-the-year performance on the back of a modest NFPs beat and ISM service sector activity reading that seems to amplify the recession threat. Is the hope of a modest relent from the Fed on rate hikes enough to offset an economic slump? The mark...
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  • January 7, 2023
  • Market News
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Australian Dollar Outlook: Volatility Kicks in for 2023

The Australian Dollar had a bumpy ride into the new year with Chinese policy adjustments and US Dollar fluctuations running amok. Will AUD/USD find its own path?...
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  • January 7, 2023
  • Market News
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USD/ZAR Outlook: Dollar Remains Dominant Driver of Rand Post NFP

The South African Rand has remained resilient despite a resurgence or Dollar strength which drove USD/ZAR back above 17.00....
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  • January 6, 2023
  • Market News
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US Dollar Breaking News: US NFPs +223K, Unemployment Rate Drops to 3.5%

The latest US NFP report beat market expectations, +223k vs. +200k expectations, the unemployment rate fell to 3.5% from 3.7%, but hourly earnings fell....
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  • January 6, 2023
  • Market News
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GBP/USD Update: Technicals Hint at Further Downside

GBP/USD surrendered the 1.2000 handle yesterday following positive US ADP data. Head and shoulders pattern doesn’t bode well for cable with NFP lying in wait....
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