• October 7, 2022
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Crude Oil Holds the High Ground Despite US Dollar Strength on Hawkish Fed

Crude oil has maintained recent gains even though US Dollar ascendency got back on track after a plethora of Federal Reserve speakers talked the talk. How high can WTI go?...
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  • October 7, 2022
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Gold Prices Nervously Await Non-Farm Payrolls Data and the Impact on the Fed

Gold’s rally noticeably slowed heading into the US non-farm payrolls report. A lot is hinging on the jobs report, namely its impact on the Federal Reserve. Expect heightened volatility risk....
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  • October 7, 2022
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NFPs Can be the Dollar and Stock Spark But Financial Instability is the Fire

We are moving into ‘nonfarm payrolls Friday’ and the potential for volatility is significant after a broad mix of preceding employment statistics. While the employment report can certainly spur the markets like the S&P 500 and Dollar to action, traders should keep tabs on growing warnings fr...
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  • October 7, 2022
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AUD/USD Rate Eyes September Low with US NFP Report on Tap

AUD/USD may fail to defend the September low (0.6363) as the US Non-Farm Payrolls (NFP) report is anticipated to show a further improvement in the labor market....
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  • October 7, 2022
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USD/JPY Above 145 to Test MOF, BoJ’s Mettle After Yield Surge Charges the US Dollar

USD/JPY is above the 145—“line in the sand”—level, which puts Japan’s Ministry of Finance and Bank of Japan up against short traders. Asia-Pacific markets look set to close the week lower after overnight USD strength....
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  • October 7, 2022
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Oil to Mirror August Price Action on Failure to Hold Above 50-Day SMA

The price of oil may mirror the price action from August if crude struggles to hold above the 50-Day SMA ($88.08)....
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  • October 7, 2022
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S&P 500, Dow and Nasdaq Under Pressure, USD Stands Tall as Sentiment Sours

Major U.S. stock indices end in negative territory as investors focus on gloomy economic outlook amid high inflation and worries about further rate hikes...
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  • October 7, 2022
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Euro Slumps as US Dollar Regains Momentum Ahead of NFP. Is EUR/USD in Peril?

The euro weakens sharply on Thursday, undermined by broad-based U.S. dollar bullish momentum amid rising U.S. Treasury yields ahead of the September U.S. employment report....
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  • October 7, 2022
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Nasdaq 100 Turns Cautious Ahead of Key September NFP Report

Equities are in retreat Friday as US Treasury yields continue to push higher. NFPs eyed....
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  • October 7, 2022
  • Market News
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Will the 2022 Stock Market’s Performance Influence the US Midterm Elections?

The performance of US equity markets during a midterm election year does not appear to influence the outcome at the polls, based on data going back to 1946....
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