• December 22, 2022
  • Market News
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Australian Dollar, S&P 500 Gain as Nike Earnings, Consumer Confidence Boost Markets

The sentiment-linked Australian Dollar climbed alongside the S&P 500 as an improvement in risk appetite boosted markets, driven by rosy Nike earnings and US consumer confidence data....
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  • December 22, 2022
  • Market News
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VIX Collapse Lifts the Equities, EURUSD Extreme Range with Limited Time

We are feeling the effects of holiday liquidity expectations. While enthusiasts may consider the S&P 500’s rebound this past session a mark of conviction, it likely has more to do with the receding tide from the VIX. Meanwhile, there are extreme market measures like EURUSD’s range that are p...
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  • December 22, 2022
  • Market News
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S&P 500, Nasdaq, Dow Jones Forecast: Key Support Bounces Now in Play

The S&P 500, Nasdaq and Dow Jones all ran into key support levels to start this week – which led to today’s bullish response. But can buyers still push a Santa Rally?...
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  • December 22, 2022
  • Market News
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USDJPY Bearish Break Was Dramatic, But Liquidity Can Tame Even That Move

The breakdown from USDJPY – and most Yen crosses – following the Bank of Japan’s surprise tightening of its monetary policy was certainly dramatic. It may also prove a fundamental shift for the Japanese currency over time. However, that tide change doesn’t have to play out immediately throug...
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  • December 22, 2022
  • Market News
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USD Breaking News: Consumer Confidence Beats Estimates for December, DXY Edges Lower

US CB Consumer Confidence rises on the back of two consecutive months of declines. A continuation of a recent trend saw big ticket purchases remain under pressure as consumers preferences shift toward services....
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  • December 22, 2022
  • Market News
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Gold Price Forecast: Gold Sets Up for Breakout, 1850 Awaits

Gold prices have been resilient through the equity swings over the past couple of weeks and buyers have held the line – but can they force another break?...
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  • December 21, 2022
  • Market News
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UK Brent Oil Hinting Bullish Sentiment as Oil Supply Set to Drop

With UK Oil supplies set to drop, might a change in trend be on the horizon?...
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  • December 21, 2022
  • Market News
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British Pound (GBP/USD) Latest: The US Dollar is Back in the Driver’s Seat

The next move in GBP/USD will be decided by US economic data before the holiday season lull sets in....
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  • December 21, 2022
  • Market News
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USD/CAD Rangebound Ahead of Important Canadian Inflation Data

USD/CAD continues to fluctuate between gains and losses ahead of crucial Canadian inflation data. Can the inflation data serve as a catalyst for a wedge pattern breakout?...
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  • December 21, 2022
  • Market News
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EUR/USD Forecast: Euro Bolstered by GfK Consumer Confidence

The euro grapples with positive German consumer sentiment and a stronger USD ahead of U.S. consumer confidence data later today....
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