• February 9, 2024
  • Market News
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EURUSD Ticks Lower As Weaker German Inflation Confirmed, ECB Still In A Bind

The Euro hasn’t clawed back much of the ground it lost last week to a stronger Dollar, and on current showing doesn’t seem likely to...
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  • February 9, 2024
  • Market News
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Japanese Yen Forecast: Bearish Signs Build; Setups on USD/JPY, EUR/JPY, GBP/JPY

This article focuses on the technical outlook for USD/JPY, EUR/JPY and GBP/JPY. The piece also assesses key price levels that should be on every currency trader’s radar, discussing their potential roles as support or resistance in the coming days....
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  • February 9, 2024
  • Market News
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British Pound Falls Back Into Red As Dollar Fights Back, Central Bank Speakers Eyed

Sterling bulls had a reasonable start to trade Thursday but couldn’t hold on as the session’s US data came in...
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  • February 9, 2024
  • Market News
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Oil Attempts Recovery with Key Level in Sight

Oil prices attempt to recover a spate of losses linked to the worsening global economic outlook. However, prices have edged higher as China ramps up support...
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  • February 8, 2024
  • Market News
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EUR/USD Edges Up Even As Fed Speakers Echo Powell, German Inflation Eyed

The Euro has clawed back a bit of lost ground as it becomes clear that rates are going nowhere fast on either side of EUR/USD...
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  • February 8, 2024
  • Market News
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DAX Edges Down, S&P 500 Eyes 5000 and Nasdaq 100 Hits New Record High

While the Dax has seen some weakness in the past 24 hours, the S&P 500 and Nasdaq 100 have both hit new peaks, the former getting very close to the 5000 level for the first time....
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  • February 8, 2024
  • Market News
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Yen Softens as Senior BoJ Official Favours a Cautious Exit from Negative Rates

The Deputy Governor of the Bank of Japan has signalled a cautious approach to the eventual normalisation of its ultra-loose monetary policy. Yen weakened as a result...
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  • February 8, 2024
  • Market News
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Gold Price Forecast: US Inflation Data to Guide Trend; XAU/USD Levels Ahead

This article focuses on gold’s fundamental and technical outlook, pinpointing significant catalysts for volatility and essential price thresholds that could act as support or resistance in the coming days....
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  • February 8, 2024
  • Market News
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S&P 500: Why US Stocks May Not Feel the Love in February

Seasonal trends suggest that February is an uninspiring month for returns, something that tends to take place in an election year too. Price action disagrees...
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  • February 8, 2024
  • Market News
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Crude Oil Prices Supported By US Inventory Levels, Geopolitics

A stronger Dollar has weighed on crude prices but they’ve gained some ground as US inventories have missed expectations...
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