• October 18, 2022
  • Market News
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Japanese Yen Latest: USD/JPY Traders Wary of Official Intervention as 150 Nears

The Japanese Yen traded at a fresh multi-decade low against the US dollar earlier in the session, and the Finance Ministry is watching closely....
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  • October 18, 2022
  • Market News
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US Dollar Slides as Policy Pivots Boost British Pound and Dax 40. Higher GBP/USD?

The US Dollar ascendency paused today in the aftermath of a UK fiscal switch in policy and hopes of less aggressive tightening from the ECB and the BoE. Will GBP/USD gain furether?...
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  • October 18, 2022
  • Market News
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Dollar Retreat and S&P 500 Rebound Shouldn’t Solidify Trader Confidence

The week has opened to a sharp gap higher from benchmark ‘risk’ measures like the S&P 500, but there is reason to question conviction even if the breadth of the move is broad. Meanwhile, the Dollar’s slip offers some needed relief for the likes of GBPUSD…but what about the USDJPY working...
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  • October 18, 2022
  • Market News
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Natural Gas Forecast: EU Storage Progress, Warm Weather Deal Blows to US, EU Prices

Natural gas prices fell sharply in the United States and Europe on Monday as warm weather, improving stockpiles, and proposed action by the EU dragged on the commodity’s fundamental drivers....
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  • October 18, 2022
  • Market News
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New Zealand Dollar Elevated by Rate Hike Risk. Will NZD/USD Rally Continue?

The New Zealand Dollar continued to firm after a scorching third-quarter CPI number saw expectations of the RBNZ lifting rates higher for longer. Where to for NZD/USD?...
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  • October 18, 2022
  • Market News
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USD/JPY Rally Pushes RSI Into Overbought Territory

USD/JPY may continue to appreciate over the coming days as the Relative Strength Index (RSI) climbs back into overbought territory....
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  • October 18, 2022
  • Market News
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Dow Jones Soars, Bank of America Undermines Recession Woes. ASX 200 May Rise

Dow Jones futures soared as Bank of America earnings undermined US recession fears, boosting risk appetite. Australia’s ASX 200 could be looking forward to a rosy day ahead....
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  • October 18, 2022
  • Market News
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AUD/USD Rises From Oversold Levels Ahead of RBA Minutes

The risk-sensitive Australian Dollar is trading higher ahead of the RBA’s policy minutes, which may set the tone for AUD/USD over the next 24 hours. China’s GDP data was delayed in a surprise move....
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  • October 18, 2022
  • Market News
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Canadian Dollar Vulnerable to Another Slowdown in Canada CPI

The update to Canada’s Consumer Price Index (CPI) may keep USD/CAD afloat as inflation is expected to slow for the third consecutive month....
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  • October 18, 2022
  • Market News
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S&P 500, Nasdaq 100 Soar Ahead of Netflix Earnings. What Should Traders Expect?

US stocks rallied on Monday as good quarterly results from banks helped offset extreme pessimism about the outlook. Netflix’s earnings on Tuesday could be a key catalyst for the tech sector....
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