• September 16, 2022
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GBP Price Forecast: Sterling Slumps Ahead of BoE, Fed and SNB Meetings

The pound struggles to halt recent selling ahead of a week dominated by major central bank meetings. Institutional sentiment reveals continued bearish GBP bets...
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  • September 16, 2022
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AUD/USD Forecast: Chinese Data Helps Aussie Dollar Stay Afloat

A beleaguered Aussie manages to keep its head above water on the back of Chinese data this morning, while AUD/USD tests the 0.67 support zone....
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  • September 16, 2022
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US Dollar Grinds Higher as the Canadian Dollar Drops. Where to for USD/CAD?

The US Dollar held the high ground across the board today, supported by a lift in Treasury yields as markets eye off a jumbo hike from the Fed next week. Further peaks for USD/CAD?...
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  • September 16, 2022
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Crude Oil and Gold Prices Sink to Support as US Data Keeps a Hawkish Fed in Focus

Crude oil and gold prices fell sharply on Thursday as solid US economic data bolstered the case for a hawkish Fed. Heading into the weekend, traders are eyeing University of Michigan Sentiment....
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  • September 16, 2022
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Gold Breaks Support, USDCNH Breaks Resistance but S&P 500 Circling Ahead of UofM

It will likely prove difficult to spur the S&P 500 or other distinctly ‘risk’ oriented benchmarks to a serious run until the Fed decides on whether to hike 100bps next week. Yet, that doesn’t mean the market is relegated to quiet until then. Gold and USDCNH have broken key tech...
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  • September 16, 2022
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USD/CAD Rebound from 50-Day SMA to Clear September Opening Range

USD/CAD may push towards the November 2020 high (1.3371) as the exchange rate clears the opening range for September....
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  • September 16, 2022
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Chinese Yuan Eyes Economic Data as USD/CNH Rises Above Key Level

The Chinese Yuan slipped below the critical 7 level versus the US Dollar, and USD/CNH looks ready for more upside. Chinese economic data is in focus as a risk-off move on Wall Street weighs on APAC markets....
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  • September 16, 2022
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USD/JPY Forecast: Failure to Clear Monthly High Keeps Range Intact

USD/JPY may consolidate ahead of the Federal Reserve meeting amid the failed attempt clear the monthly high (144.99)....
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  • September 16, 2022
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S&P 500, Nasdaq, Dow Drive into Support as Recession Fears Linger

U.S. indices fell as prices pushed into key supports in the Dow, S&P and Nasdaq, with focus shifting towards next week’s FOMC rate decision....
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  • September 16, 2022
  • Market News
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Euro Forecast: EUR/USD Struggling, but EUR/GBP & EUR/JPY Retain Bullish Potential

The major EUR-crosses tell different stories....
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