• November 10, 2022
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Gold Prices May Fall on October US Inflation Data, Here are Key Levels to Watch

Gold prices may fall if US inflation data surprises higher, pushing up the US Dollar and Treasury yields. What are key technical levels to watch for XAU/USD?...
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  • November 10, 2022
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British Pound Pummelled as Crypto Contagion Engulfs Risk Assets. Lower GBP/USD Again?

The British Pound is under the pump again as the collapse of FTX ricochets through markets in a risk-off rout that has seen the US Dollar resumed the ascendency. Where to for GBP/USD?...
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  • November 10, 2022
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What Dollar Impact to Expect from US CPI and Is This Crypto’s Lehman Moment?

The US midterm elections have passed, but the implications for the markets seem as if they are as ambiguous after the fact as they were in the lead up. Today’s CPI release will likely exact a more definitive impact for the Dollar and S&P 500. And, as we await the docket release, keep a wary [&...
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  • November 10, 2022
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Crude Oil Price Forecast: China Virus Curbs Weigh on WTI, but Chart Shows Chance for Breakout

Crude oil prices are down over 6% this week as China increases virus-curbing measures after a surprise US stockpile build. A major US refinery is back online, but WTI’s chart shows a breakout chance....
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  • November 10, 2022
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USD/CAD Climbs Back Above 50-Day SMA Ahead of US CPI

USD/CAD may struggle to hold above the 50-Day SMA (1.3524) as the US Consumer Price Index (CPI) is anticipated to show slowing inflation....
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  • November 10, 2022
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AUD/USD Falls Alongside Iron Ore and bitcoin as China Ramps Up Lockdown Measures

The Australian Dollar fell alongside iron ore prices after China increased Covid curbs in the city of Guangzhou. A crypto market rout weighed on market sentiment ahead of the US CPI data....
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  • November 10, 2022
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Gold Price Struggles to Push Above October High Ahead of US CPI

The recent rise in the price of gold may unravel if it fails to push above the October high ($1730)....
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  • November 10, 2022
  • Market News
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S&P 500 Sinks ahead of US Inflation Data, Stock Market at Risk as Bitcoin Collapses

The S&P 500 slumped on Wednesday on risk-off sentiment as traders awaited the results of the U.S. midterm elections and the October inflation report due Thursday morning....
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  • November 10, 2022
  • Market News
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The Fate of the US Dollar, the Dow, and Gold After US Midterms, US Inflation Data

Chief Strategist John Kicklighter and Senior Strategist Christopher Vecchio, CFA discuss US inflation data and the US midterm elections....
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  • November 10, 2022
  • Market News
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Euro’s Fate Hinges on US Inflation Data, Major Tech Levels to Watch on EUR/USD

The U.S. October inflation report could cause significant volatility in the currency market on Thursday, with the results likely to set the near-term trading bias for the EUR/USD....
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