• October 12, 2022
  • Market News
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What is a Short Squeeze and How to Trade It?

The short squeeze has surprised markets on many occasions. Learn more about what it is, its causes and the effects on traders....
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  • October 12, 2022
  • Market News
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British Pound (GBP) Latest: UK Economy Contracts, BoE Bond Buying Dilemma

The UK economy contracted further than expected in August, with manufacturing and industrial production taking a heavy hit....
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  • October 12, 2022
  • Market News
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Gold Prices Flash Signal Against Treasury Yields Amid Bullish Speculator Movement

Gold prices are down this week as traders take a cautious stance ahead of US inflation data. Bullion is likely at the mercy of that CPI number, but gold’s correlation with Treasury yields is sending a bullish signal....
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  • October 12, 2022
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AUD/USD Selloff Pushes RSI Back Into Oversold Territory

The move below 30 in the Relative Strength Index (RSI) is likely to be accompanied by a further decline in AUD/USD like the price action from last month....
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  • October 12, 2022
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New Zealand Dollar Bucks USD Strength but APAC Sentiment Fragile on China Lockdowns

The New Zealand Dollar managed to rise against a broadly stronger US Dollar. However, Asia-Pacific market sentiment remains at risk as China sees Covid restrictions increasing....
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  • October 12, 2022
  • Market News
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USD/CAD Rate Clears October Opening Range Ahead of US CPI

Data prints coming out of the US may keep USD/CAD afloat as the Consumer Price Index (CPI) is anticipated to show sticky inflation....
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  • October 12, 2022
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Nasdaq 100, S&P 500 Extend Losses, Dow Jones Ekes Out Small Gain

Major U.S. stock indices end in negative territory as investors weigh bleak economic outlook amid tightening financial conditions....
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  • October 12, 2022
  • Market News
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Euro Forecast: EUR/JPY, EUR/USD Eye Bullish Reversals; EUR/GBP in Holding Pattern

Both EUR/JPY and EUR/USD rates are working on daily bullish outside engulfing bars, a potential hint that a near-term bottom has been reached....
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  • October 12, 2022
  • Market News
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British Pound Forecast: GBP/USD Rebounds but UK Policy Uncertainty Remains a Risk

GBP/USD resumes its recovery after bouncing off technical support, but uncertainty about the UK’s fiscal-monetary policy mix will remain a headwind in the near term....
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  • October 12, 2022
  • Market News
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Central Bank Watch: BOE & ECB Interest Rate Expectations Update

Ahead of likely recessions in the UK and the Eurozone, the BOE and ECB are poised to raise rates to ward off inflation pressures....
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