• February 28, 2024
  • Market News
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RBNZ Issues Dovish Hold and Aus Inflation Stands Firm, NZD Weakened

Markets have all but removed the likelihood of further rate hikes from the RBNZ after its dovish hold on the official cash rate. Aussie monthly inflation remains at 3.4%...
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  • February 28, 2024
  • Market News
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Euro Technical Analysis & Trade Setups – EUR/USD, EUR/GBP and EUR/JPY

This article dissects the technical outlook for EUR/USD, EUR/GBP, and EUR/JPY, scrutinizing price action dynamics and sentiment to glean insights into potential directional shifts....
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  • February 28, 2024
  • Market News
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Gold Price Latest: XAU/USD Holds Gains, Awaits Key US Data

Gold managed to trade higher on Tuesday, maintaining its bullish run ahead of key US growth and PCE inflation data. Subdued gold volatility may soon lead to consolidation...
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  • February 28, 2024
  • Market News
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US Dollar Forecast: PCE Data Takes Center Stage; Setups on EUR/USD & GBP/USD

This article provides an in-depth analysis of the technical outlook for EUR/USD and GBP/USD, considering different possibilities ahead of key U.S. PCE data later in the week....
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  • February 27, 2024
  • Market News
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Crude Oil Prices Slip Back Despite Red-Sea Supply Worries

Attacks on shipping by Houthi militia in solidarity with Gaza have boosted oil prices. It’s unclear whether any temporary ceasefire would halt them....
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  • February 27, 2024
  • Market News
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Japanese Yen Outlook: Markets Prioritise CPI Beat over Lower Trending Prices

Markets continue to favour the carry trade despite officials’ warnings around FX intervention. Inflation beat expectations but has declined every month since October...
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  • February 27, 2024
  • Market News
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Bitcoin (BTC/USD) Hits $57k, Ethereum (ETH/USD) Touches $3,275 as Buyers Dominate the Market

The cryptocurrency market cap is currently just over $2.13 trillion, up nearly 7% yesterday, as the market turned a sea of green on heavy buying...
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  • February 27, 2024
  • Market News
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Gold Price Forecast: Confluence Resistance Stifles Bulls, Focus Shifts to US PCE

This article evaluates the short-term outlook for gold prices, examining various scenarios that may unfold later in the week following the release of U.S. core PCE data....
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  • February 27, 2024
  • Market News
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US Dollar Eyes US PCE for Cues on Fed Path; EUR/USD, USD/CAD, USD/JPY Setups

This article examines possible scenarios for the U.S. dollar ahead of key U.S. PCE data, scrutinizing the technical outlook for three major FX pairs: EUR/USD, USD/CAD and USD/JPY....
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  • February 26, 2024
  • Market News
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Ethereum Spot ETF – The Next Cab Off the Rank?

Following the recent successful launch of more than ten Bitcoin ETFs, the investment community has turned its attention to the second-largest cryptocurrency by market capitalization, Ethereum (ETH)....
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