• October 26, 2022
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Gold Price Running Back Into Resistance as the US Dollar Slides

Gold is pushing back into a familiar area of resistance, boosted by a weaker US dollar. The greenback is sitting on support, will it hold?...
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  • October 26, 2022
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Euro Price Forecast: Descending Channel Breakout Potential for EUR/USD

EUR/USD braces ahead of tomorrow’s ECB interest rate decision with parity under consideration for the first time since September....
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  • October 26, 2022
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Crude Oil Holds Ground as Inventory Data Builds and US Dollar Dips. Will WTI go Higher?

The crude oil price has steadied despite data revealing an increase in US inventory, perhaps aided by a weaker US Dollar as Treasury yields soften. If stockpiles swell again, will WTI sink?...
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  • October 26, 2022
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Will Google Earnings Cut Down S&P 500 Recovery and How Serious is the Event Risk Ahead?

Risk appetite has been on a slow trajectory of recovery in the quiet between major event risk, but confidence for the Nasdaq 100 and S&P 500 may have been shaken by Google’s earnings miss. With a heavy macro docket ahead, volatility risks are high – as is the threshold to commitment to a cle...
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  • October 26, 2022
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Gold Price Forecast: XAU Eyes BoC Rate Decision as Speculator Confidence Wanes

Gold prices are nearly unchanged in Asia-Pacific trading as investors prepare for the Bank of Canada’s rate decision. A loss of confidence among speculators bodes poorly for bullion’s short-term outlook....
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  • October 26, 2022
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Australian Dollar Snubs Red Hot CPI that Takes Puts the RBA on Notice. Where to for AUD/USD

The Australian Dollar ignored the much-anticipated Q3 CPI that came in above expectations at 7.3% ahead of next Tuesday’s RBA rate decision. Will an RBA hike do anything for AUD/USD?...
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  • October 26, 2022
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EUR/USD on Track to Clear Monthly Opening Range Ahead of ECB Meeting

EUR/USD may stage a larger recovery ahead of the European Central Bank (ECB) meeting if it clears the opening range for October....
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  • October 26, 2022
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S&P 500 Futures Turn Lower After Microsoft and Alphabet Post Mixed Earnings. Now What?

Microsoft’s quarterly results topped expectations, but Alphabet’s earnings came well below market forecasts, driving S&P 500 futures lower in extended trading....
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  • October 26, 2022
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Fed’s Mary Daly Sparks Market Optimism

San Francisco Fed President Mary Daly surprised markets with dovish rhetoric ahead of the Fed’s blackout period...
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  • October 26, 2022
  • Market News
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GBPUSD Soars as the Sunak Era Begins in the UK

Cable continues to surge as markets appear to accept Rishi Sunak as the next PM of the United Kingdom....
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