• December 7, 2022
  • Market News
  • Comments : 0

WTI Crude Oil Slumps to Fresh Yearly Low amid Recessionary Fears

WTI continued its decline in European trade printing a new YTD low. Continued dollar strength and EIA data could result in further losses....
Read More
  • December 7, 2022
  • Market News
  • Comments : 0

British Pound (GBP) Latest – GBP/USD Steered by Renewed Dollar Strength

The US dollar is pushing higher ahead of next week’s FOMC meeting, leaving a range of major currencies, including Sterling, struggling in its wake....
Read More
  • December 7, 2022
  • Market News
  • Comments : 0

The US Dollar Gripped the Ascendency as Risks of Recession Swirl. Will USD go Higher?

The US Dollar held on to overnight gains as markets recalibrate risks of an economic slowdown in the West against a re-opening of China. Will the DXY index (USD) rally?...
Read More
  • December 7, 2022
  • Market News
  • Comments : 0

Australian Dollar Steady Despite GDP Disappointment. Where to for AUD/USD?

The Australian Dollar was little changed in the aftermath of underwhelming third quarter domestic GDP data and revisions lower of previous quarters. Will AUD/USD sink?...
Read More
  • December 7, 2022
  • Market News
  • Comments : 0

A VIX ‘Breakout’, Heavy Dollar Technicals, BOC Volatility and Recession Signals

The markets carried over greater market activity this past session with the VIX clearing its two-month descending channel and the S&P 500 extending its slide; but systemic trends will still be difficult to form from here. Yet, that doesn’t preclude volatility in ranges like the Dollar-majors o...
Read More
  • December 7, 2022
  • Market News
  • Comments : 0

S&P 500, Nasdaq, Dow: Key Support Zones Now in Play

The high-flying Dow has pulled back to support at a prior swing-high, and the Nasdaq is brewing a double top formation....
Read More
  • December 7, 2022
  • Market News
  • Comments : 0

USDCAD May Not Be the Most Responsive Loonie Cross to the BOC Decision

The Bank of Canada rate decision is on tap for Wednesday, and there is debate around what the central bank intends to do with its policy. USDCAD will be a focus for many monitoring this higher profile event, but there are probably more volatile Loonie crosses to follow....
Read More
  • December 7, 2022
  • Market News
  • Comments : 0

Gold, Silver Price Forecast: Gold Snaps Back, Silver Tests Key Support

Precious metals put in a strong month of November but surprisingly, Silver has shown stronger bullish structure of late....
Read More
  • December 7, 2022
  • Market News
  • Comments : 0

USD/ZAR Grinds Lower – Strong GDP Data, Dollar Weakness Lifts the Rand

South African GDP beats estimates driving USD/ZAR back to a key level of technical support that could influence the short-term move....
Read More
  • December 6, 2022
  • Market News
  • Comments : 0

Bank of Canada Preview: Market Positioning Offers up Short-Term Opportunity

The BoC is due to raise rates by 25 or 50 basis points with market positioning square in the middle of the two outcomes. Positioning is likely to adjust on the outcome...
Read More
1 … 343 344 345 … 437