• February 8, 2024
  • Market News
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US Dollar Forecast: Seeking New Drivers; Setups on EUR/USD, USD/CAD, AUD/USD

This article will examine the technical outlook for three U.S. dollar FX pairs: EUR/USD, USD/CAD and AUD/USD, highlighting critical price levels that should be monitored in the coming sessions ahead of next week’s U.S. CPI figures....
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  • February 7, 2024
  • Market News
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FTSE 100, CAC 40 resume their ascents but Nikkei 225 stays subdued

Outlook on FTSE 100, CAC 40 and Nikkei 225 amid more Fed speaker talk...
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  • February 7, 2024
  • Market News
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Cable (GBP/USD) Attempts Recovery – Key Levels for Downside Continuation

GBP/USD broke out of the prior trading range but has drifted back within the familiar territory after markets take stock of the recent USD surge...
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  • February 7, 2024
  • Market News
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USD/JPY Steadies After Last Week’s Gains As Market Mulls BOJ Path

The Japanese Yen has been more stable than most in the face of a broadly stronger Dollar, with the prospect of tighter BoJ policy underpinning it...
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  • February 7, 2024
  • Market News
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Dow Edges Lower and Nasdaq 100 Holds up, While Hang Seng Surges​

​​US markets are little-changed, but in China indices have been rallying hard on more promises of state support for stocks. ​...
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  • February 7, 2024
  • Market News
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US Dollar Propelled Higher on String of Strong Data, Fed Speakers Next

US yields and the dollar have responded in a big way to strong US data that continues to defy logic. Talk of cautiousness and data dependency may fuel USD upside...
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  • February 7, 2024
  • Market News
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Gold Prices Inch Back From Fed-Inspired Battering, Hold Above $2000

Gold prices took the prospect of higher US rates for longer as poorly as you might expect, but geopolitics have limited their falls...
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  • February 7, 2024
  • Market News
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British Pound Bounces at Key Support, Fed Speakers Likely To Dominate Trade

GBP/USD is like all other major pairs focused on the extent to which the Fed will underwrite the markets’ new rate-cut views...
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  • February 7, 2024
  • Market News
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Japanese Yen Forecast: Technical Trade Setups on USD/JPY, EUR/JPY and GBP/JPY

This article examines the short-term technical outlook for the Japanese yen, focusing on three popular and highly liquid currency pairs: USD/JPY, EUR/JPY and GBP/JPY....
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  • February 6, 2024
  • Market News
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RBA Holds Rates, Issues Hawkish Guidance in Response to Inflation Risks

AUD/USD witnessed broad-based gains after the RBA failed to rule out another rate hike in efforts to contain inflation...
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