• September 23, 2022
  • Market News
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GBP/USD Slide Continues, ’Mini Budget’ Gets a Distinctly Lukewarm Welcome

The British Pound continues to languish at levels not seen since the mid-1980s as inflation and growth worries continue to glower....
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  • September 23, 2022
  • Market News
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Crude Oil Update: Central Bank Hikes Weigh on Brent Ahead of Baker Hughes

Brent crude oil continues to fall as fundamental headwinds gain traction....
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  • September 23, 2022
  • Market News
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Gold Price Outlook – Struggling to Make Any Headway, Further Downside Beckons

US Treasury yields have risen further over the last week as markets price in higher interest rates for longer in the US. And that’s not good news for gold....
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  • September 23, 2022
  • Market News
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Australian Dollar Floored by Booming US Dollar as Rate Hikes Ricochet Through Markets?

The Australian Dollar has been hammered in the maelstrom running through markets this week as several central banks make their moves on interest rates. Will AUD/USD hit new lows?...
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  • September 23, 2022
  • Market News
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Japanese Yen Intervention Brings Most Volatile Day Since 2016, Where to for USD/JPY?

The Japanese Yen gained against the US Dollar as USD/JPY saw its most volatile day in over 6 years due to government intervention. What are key levels of support to watch ahead?...
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  • September 23, 2022
  • Market News
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Would a Louder Recession Signal Push the Dow Over the Ledge, Reverse the Dollar?

We have come through a flood of monetary policy from the Fed, BOE, BOJ and others. While the general trend is towards tightening, there is just as much disparity contributing to instability. The fallout I am most concerned over is an indeterminant recession. Our economic status is the primary fundam...
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  • September 23, 2022
  • Market News
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US Dollar Rally Pauses as Japanese Yen Finds Respite: Asia-Pacific Outlook

Asia-Pacific markets face a risk-off day despite a US Dollar pullback driven mainly by Japanese Yen strength following an intervention in FX markets....
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  • September 23, 2022
  • Market News
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USD/CAD Rally Pushes RSI Into Overbought Zone for First Time in 2022

USD/CAD may attempt to test the July 2020 high (1.3646) as the Relative Strength Index (RSI) climbs into overbought territory for the first time this year....
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  • September 23, 2022
  • Market News
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S&P 500, Nasdaq, Dow Fall Amid Mounting Growth Concerns

U.S. equity indices continued to fall after the FOMC hiked interest rates yesterday and reaffirmed their commitment to bring inflation under control despite economic growth concerns...
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  • September 23, 2022
  • Market News
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Euro Forecast: EUR/USD Muted Post Hawkish Fed Verdict but Still a Falling Knife

The EUR/USD is trading with a neutral bias on Thursday, but retains a bearish outlook, especially after the Fed endorsed an ultra-hawkish monetary policy tightening roadmap....
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