Market News

AUD/USD rallied on Tuesday after encouraging talks between U.S. President Joe Biden and Xi Jinping....

The Euro backed away from resistance against the US Dollar as Fed commentary appears to be less one directional ahead of US PPI. If US-China relations improve, where to for EUR/USD?...

The US CPI release last week was undoubtedly one of the most market-moving events we have seen for the market in a while. It would seem with the response from the Dollar and risk assets that there is a hyper-sensitivity to inflation, yet we didn’t see that after the New York Fed’s relaying US co...

The Relative Strength Index (RSI) may offer a textbook sell signal for the price of gold should the oscillator struggle to hold above 70....

The Japanese Yen ignored soft GDP data as US Dollar gyrations remain in the driver’s seat with the Fed in focus for policy shift becoming mired in conflicting comments. Lower USD/JPY?...

AUD/USD may attempt to retrace the decline from the September high (0.6916) as it clears the October high (0.6547)....

The S&P 500 stalls at resistance and pivots lower as bullish sentiment wanes after last week’s powerful rally, but the short-term technical bias remains somewhat positive....

The rising interest rate environment, coupled with increased distrust in the crypto industry following recent scandals, could prevent Bitcoin and Ethereum from staging a significant rebound....

The coming days will produce a diverse offering of key data releases....

Dark days will be ahead of the United Kingdom, at least into mid 2024 as UK Chancellor Jeremy Hunt warns that tax rises will be for all and cut in government spending is inevitable....