• September 28, 2022
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Euro Punches Lower as US Dollar Drives Markets on No Intervention and Fed Hawks

The US Dollar is again off and running after a pause on Tuesday as the Fed states the case for higher rates ad the White House leaves markets to themselves. How low will EUR/USD go?...
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  • September 28, 2022
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S&P 500 Has Slipped to a Multi-Year Low, But It Doesn’t Register as a Full ‘Break’

Markets are still firmly seated in a ‘risk aversion’ trajectory, but the progress for that slide has ebbed – perhaps owing to the absence of a dominant fundamental event risk in the foreground. Meanwhile, the pressure from inflation, recession risks and the Dollar’s extreme pressure are unre...
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  • September 28, 2022
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Gold Price Action Echoes Bearish Behavior as APAC Markets Fall

Gold prices are down modestly as APAC markets sell-off. A lull in XAU volatility is unnervingly similar to price action seen over the last few months, setting gold prices up for a potential leg lower soon....
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  • September 28, 2022
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Australian Dollar Scuppered as US Dollar Takes the Throne as King of Currency

The Australian Dollar has been belted by a soaring US Dollar and a divergence of policy guidance from the RBA to other central banks. Will a smallish hike send AUD/USD south?The Australian Dollar has been belted by a soaring US Dollar and a divergence of policy guidance from the RBA to other central...
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  • September 28, 2022
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USD/JPY Rate Approaches Yearly High Ahead of US PCE Report

Fresh data prints coming out of the US may prop up USD/JPY as the Personal Consumption Expenditure (PCE) Price Index is expected to show sticky inflation....
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  • September 28, 2022
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Crude Oil Price Rebound Keeps RSI Out of Oversold Territory

The price of oil may stage a larger rebound over the coming days as long as the Relative Strength Index (RSI) holds above 30....
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  • September 28, 2022
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S&P 500, Nasdaq 100 and Dow Subdued Amid Persistent Risk Off Mood

Major U.S. equity indices erased earlier gains and finished in mixed territory amid lingering fears of global recession as Treasury yields put in another major jump....
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  • September 28, 2022
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Stocks Sanguine as Bonds, FX Price-in Panic – Webinar

It’s a peculiar environment to see once-in-a-decade moves in FX or bonds as stocks just sit on support. One side is probably wrong…...
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  • September 28, 2022
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Oil Prices Rise After Support Rejection, Strong USD & Growth Risks May Cap Gains

Oil prices gain after bouncing off a key support area, but the outlook remains slightly bearish in the short term, especially after the invalidation of key technical levels....
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  • September 28, 2022
  • Market News
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EURUSD Lacks Direction as Major Support Continues to Hold

EURUSD sits perched right above key psychological support as the US Dollar takes a brief breather....
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