Market News

The short squeeze has surprised markets on many occasions. Learn more about what it is, its causes and the effects on traders....

The UK economy contracted further than expected in August, with manufacturing and industrial production taking a heavy hit....

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....

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....

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....

Data prints coming out of the US may keep USD/CAD afloat as the Consumer Price Index (CPI) is anticipated to show sticky inflation....

Major U.S. stock indices end in negative territory as investors weigh bleak economic outlook amid tightening financial conditions....

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....

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....

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