Market News

Oil prices softened on Tuesday after posting a near 10% recovery from the February low. Recent support measures out of China appear to have appeased markets for now...

The single currency is pushing ahead against a marginally weaker US dollar and British Pound, but further progress may prove difficult....

Cable has struggled to remain within its broader trading range, attempting to forge a lower path but the key 200-day simple moving average has provided support for the pair...

With the US out for the Presidents’ Day holiday, the Euro failed to make back early lost ground....

Market expectations still eye a potential rate hike from the Bank of Japan as soon as April and fully price one in by June. This is despite Japan dropping into recession...

Neither Pound or Dollar have a lot to look forward to in terms of tradable data points this week, which may leave the technical in charge....

The Aussie dollar has enjoyed some good fortune over the last three trading days, buoyed by a positive resumption of trade in China after new year celebrations...

Gold is opening the week on the front foot and continuing last week’s rally. Price action may be limited today however with US markets closed for the Presidents’ Day holiday....

Inflation in the US remains sticky at both producer and consumer level but US indices are seemingly ignoring these price pressures and remain near recent multi-year highs....

This article scrutinizes the technical outlook for three major U.S. dollar pairs: EUR/USD, USD/JPY, and USD/CAD. Within the piece, we assess market sentiment and examine essential price levels that traders should have on their radar in the upcoming days....