Market News

USD/JPY consolidates following yesterday’s gains. Due to the lack of economic data any further moves are likely to be driven by the dollar index....

With little data or events of note on the economic calendar today, traders will start looking ahead to next week’s FOMC and ECB all important policy decisions...

GBP/USD is trading at key technical levels as the dollar finds support from U.S. economic data....

The Euro backed away from parity again after the US Dollar ascendency got back on track after the Federal Reserve got its message across loud and clear. Where to for EUR/USD?...

The Australian Dollar was little changed after the RBA raised the cash rate target by 25 basis points to 3.10% as the central bank goes into a 2-month hiatus. Will AUD/USD go lower?...

Gold prices sank on Monday as the US Dollar gained after an unexpectedly strong ISM Services print. XAU/USD left behind a bearish Evening Star, will that spell trouble ahead?...

The Japanese Yen slumped, sending USD/JPY higher in a very rare move as the US Dollar gained and stocks dropped. Ahead, the Australian Dollar is eyeing a likely RBA rate hike....

There was some exceptional volatility last week and the hints of tentative trend developments – most notably a breakdown of the Dollar and attempted rally for US indices. Yet, those moves have abated to start the new week with data and technical levels playing a bigger role in market conviction....

The S&P 500 found resistance last week at a key spot, but is this a mere speed bump for bulls on the way to a Santa rally? Or are bears gearing up for another downside push?...

The Dollar has enjoyed a broad bounce to start the week and USDJPY is one key pair that is seeing the turn work around major technical levels. There is technical precedence from earlier this year that suggests such a large jump can revive bulls – but is the prevailing trend still bullish?...