• September 30, 2022
  • Market News
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AUD/USD Eyes Chinese PMI Data as Prices Approach Recently Surrendered Channel

The Australian Dollar is in focus ahead of Chinese PMI data following a downbeat session on Wall Street. A beat on the data may help revive sentiment. The Reserve Bank of India is also in focus to close out the week....
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  • September 30, 2022
  • Market News
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Gold Price Rebound Eyes Former Support Zone

The former-support zone around the July low ($1681) may act as resistance as the price of gold appears to be tracking the negative slope in the 50-Day SMA ($1726)....
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  • September 30, 2022
  • Market News
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Stock Market News: S&P 500, Nasdaq 100 Hit by Hawkish Fedspeak &Apple Selloff

U.S. stocks sold off on Thursday, erasing the previous session’s rally, dragged down by hawkish Fedspeak and bearish sentiment following negative news from Apple, the world’s largest tech company....
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  • September 30, 2022
  • Market News
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Brazil Election: Brazilian Real, IBOVESPA, EWZ Brace for Bolsonaro vs Lula Faceoff

Brazilians will head to the polls on Sunday to elect the next president. Lula is expected to prevail over incumbent Bolsonaro, but may not receive enough votes to avoid a runoff election....
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  • September 30, 2022
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Mexican Peso Outlook: USD/MXN Muted after Banxico Follows FOMC Hiking Pace

Banxico increases the benchmark interest rate by 75 basis points, bringing it to 9.25% and pledging to maintain a hawkish stance until inflation is on track to converge to the target....
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  • September 30, 2022
  • Market News
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EURUSD Climbs Following Hot German Inflation Print – PCE to Follow Suit?

EURUSD pushes higher again as traders eye Friday’s US PCE report....
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  • September 29, 2022
  • Market News
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DAX and CAC 40 Technical Outlook: Relative Weakness is Glaring

The German and French benchmarks continue acting as bear market leaders; a further recovery in risk may set these indices up for continuation trades....
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  • September 29, 2022
  • Market News
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Pound Sterling Latest: GBP/USD Eerily Calm Ahead of US Session

Cable’s relatively calmer price action suggests markets aren’t fully convinced about Liz Truss’ fiscal plans as she doubles down on Finance Minister Kwarteng’s mini budget...
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  • September 29, 2022
  • Market News
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German Inflation Soars to 10% in September, EUR/USD Heads to 0.9750

German headline inflation hit a fresh multi-decade high in September on soaring energy and transport costs....
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  • September 29, 2022
  • Market News
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Gold Price Outlook – Gold Rally Stalling as Familiar Fears Return

Wednesday’s run-up in the gold market is faltering with the precious metal turning lower as inflation and yield fears come back into focus....
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