• January 6, 2023
  • Market News
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Euro Breaking News: EU Inflation Drops to 9.2% (Core up 0.2% YoY)

EU inflation dropped from a high of 10.6% in October to an estimated 9.2% for December. However, core inflation rose suggesting that widespread price pressures linger...
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  • January 6, 2023
  • Market News
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AUD/USD Forecast: Choppy Trading Seeks Catalyst, NFP and ISM?

AUD/USD remains between the 0.67 and 0.68 levels but could soon breakout depending on the upcoming NFP and ISM data prints....
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  • January 6, 2023
  • Market News
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Gold Price Steady After US Dollar Pummelling. Will XAU/USD Rally Again?

The gold price fell victim to US Dollar strength post solid jobs numbers as the market appears to be taking on board the Fed’s agenda for rates. Where to for XAU/USD?...
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  • January 6, 2023
  • Market News
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VIX Says the S&P 500 Is a Sitting Duck Ahead of NFPs, EURUSD Volatility Stoked by Fed Forecasts

Rate expectations seem to be taking the lead as the first major theme to worry global traders minds’ in 2023. Speculation around the Fed’s bearings drove the Dollar higher this past session, but the S&P 500 kept its range in check. Will the NFPs override the lowest ‘volatility of volatilit...
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  • January 6, 2023
  • Market News
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US Dollar Soars as Rosy ADP Report Shapes High Expectations for NFPs Next

The US Dollar soared as the S&P 500 sank after a rosy ADP employment report shaped high expectations for Friday’s non-farm payrolls report. Will the DXY Index reverse?...
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  • January 6, 2023
  • Market News
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AUDUSD, AUDJPY and AUDNZD Outlook Present Very Different Pictures

The Australian Dollar is one of the major currencies, but it significantly less liquid than some of its major counterparts. That can translate into significantly different market performances among the crosses. We look at the rapid reversals of AUDUSD, the drawn out turn threat of AUDJPY and AUDNZDâ...
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  • January 6, 2023
  • Market News
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

The US Dollar is testing a fresh breakout, pushing above range resistance ahead of tomorrow’s NFP report....
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  • January 6, 2023
  • Market News
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Gold Prices (XAU/USD) Battered by USD Strength Ahead of NFP Report

Gold prices have fallen after an impressive rally ahead of tomorrow’s NFP report after FOMC minutes bolstered demand for the US Dollar....
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  • January 5, 2023
  • Market News
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USD/JPY at Key Confluence Area with US Data Ahead

USD/JPY eyeing a host of US data to provide a catalyst for its next move. Will we see a trendline break or a fresh low being printed?...
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  • January 5, 2023
  • Market News
  • Comments : 0

EUR/USD Forecast: False Breakdown Looks to Potential Catalysts, NFP, Inflation Data

EUR/USD is in need of a catalyst to break free from the narrow trading range. Could Friday’s NFP or the upcoming EU and US inflation data do the trick?...
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