• February 17, 2024
  • Market News
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USD/JPY Gains on Hot US PPI but FX Intervention Chatter May Cap Upside

This article explores the technical and fundamental outlook for USD/JPY in the aftermath of the January U.S. PPI report, discussing significant price thresholds that traders need to monitor over the next few days....
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  • February 16, 2024
  • Market News
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Gold (XAU/USD) Picking Up a Small Bid as Oversold Conditions Begin to Clear

Gold is picking up a small bid around $2,000/oz. after mixed US economic data pushes the precious metal one way and then another...
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  • February 16, 2024
  • Market News
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FTSE 100 Recovers, while Dax and Dow make Further Gains

Indices have put the US CPI reading firmly behind time, with the Dax moving to a new record and the Dow targeting 39,000. Even the FTSE 100 is moving higher....
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  • February 16, 2024
  • Market News
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US Earnings Preview: What to Expect from NVIDIA Results

For NVIDIA to sustain its lofty share price, it’s imperative that the company’s results meet Wall Street’s expectations....
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  • February 16, 2024
  • Market News
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UK Retail Sales Soar in January to Erase December Slump, GBP Unfazed

Sterling rose but almost immediately settled back down after UK retail sales in January made up for Decembers dismal data. GBP reflects on a busy week...
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  • February 16, 2024
  • Market News
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Gold Prices Bounce off Confluence Support, Markets Eye US PPI for Fed Cues

This article explores gold’s fundamental and technical outlook, dissecting key scenarios that could play out in the near term in response to U.S. PPI data....
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  • February 16, 2024
  • Market News
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Oil Price Update: IEA Lowers Demand Growth Estimate, Oil Recovery Slows

The International Energy Agency lowered its estimate of oil demand growth, renewing oversupply concerns at a time when major economies confirm recessions...
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  • February 16, 2024
  • Market News
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EUR/USD Gains After Weak US Retail Sales but US PPI Poses Threat to Recovery

EUR/USD rises for a second consecutive day after weak US retail sales data, but its recovery could be derailed if the upcoming US PPI report shows limited progress on disinflation....
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  • February 15, 2024
  • Market News
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Bitcoin (BTC/USD) Continues to Post Fresh Multi-Month Highs, Ethereum (ETH/USD) Eyes $3k

Bitcoin has rallied by over 20% already this month as buyers continue to dominate the market. A short-period of consolidation could lead to further gains as the ‘halving’ draws closer....
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  • February 15, 2024
  • Market News
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Japanese Yen Gains As Growth Data Put Spotlight On BOJ Policy Shift

Markets have been braced for a withdrawal from the longest period of easy monetary policy by any central bank. Japanese growth data numbers make that less likely...
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