• February 29, 2024
  • Market News
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Gold Prices Rise As PCE Data Show Inflation Decelerating As Hoped

Gold prices had been hovering around opening levels until a mixed bag of US data sent them higher. The big news was that annualized inflation had relaxed a bit...
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  • February 29, 2024
  • Market News
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US Dollar Slips after Core PCE meets Expectations, USD still needs a Driver

The latest US inflation data came in line with market expectations, disappointing a market that has been looking for a driver....
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  • February 29, 2024
  • Market News
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Dow and Nasdaq 100 Ease Back While Hang Seng Bounce Hits a Wall

US indices continue to tiptoe lower after last week’s highs, while the Hang Seng’s bounce from the January lows is coming under pressure....
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  • February 29, 2024
  • Market News
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EUR/USD Rests Upon Key Long-Term Filter Ahead of Key Inflation Data

EU jobs and inflation data in focus today alongside US PCE figures. EUR/USD sits on a key level as traders adopt a ‘wait and see’ approach to FX moves...
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  • February 29, 2024
  • Market News
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Japanese Yen Grabs a Bid, Emboldened by Bank of Japan Talk

USD/JPY slips back below 150 after one Bank of Japan board member suggested that the central bank’s inflation target is finally in sight...
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  • February 29, 2024
  • Market News
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Markets on Edge Before US PCE Data; Outlook – Gold, EUR/USD, USD/JPY, GBP/USD

This article provides an in-depth analysis of the outlook for EUR/USD, USD/JPY, GBP/USD and gold prices, exploring various potential scenarios that may manifest over the coming days and weeks....
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  • February 29, 2024
  • Market News
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Euro Outlook: Signs of Fatigue Appear Ahead of Next Week’s ECB Meeting

The euro has shown signs of fatigue ahead of next week’s ECB meeting as institutional shorts pick up, attempting to narrow the gap...
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  • February 28, 2024
  • Market News
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US Dollar Trims Early Gains After US Q4 GDP Report, Gold Nudges Higher

The US economy expanded by 3.2% according to the second estimate of US GDP released today, slightly below the initial estimate. In the third quarter the US economy expanded by 4.9%....
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  • February 28, 2024
  • Market News
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Japanese Yen Slips, Market Seems Warier of Intervention Chances

The Japanese authorities appear more wary of involvement in FX markets than they once were, but entrenched Yen weakness may see it back in play....
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  • February 28, 2024
  • Market News
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FTSE 100 and S&P 500 Consolidate while DAX 40 Trades in New Record Highs

Outlook on FTSE 100, DAX 40 and S&P 500 ahead of the second estimate of the US Q4 GDP growth and PCE inflation prints....
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