• December 12, 2023
  • Market News
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ZAR Price Update: Rand Subject to US CPI

Rand prices rallied this Tuesday on some encouraging South African production data while USD/ZAR traders keenly await US CPI later today....
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  • December 12, 2023
  • Market News
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Dow and Nasdaq 100 make Headway but Nikkei 225 Stumbles

​​While US indices are looking strong ahead of today’s CPI reading, the Nikkei 225 has been hit by some selling. ​...
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  • December 12, 2023
  • Market News
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Euro (EUR) Update: EUR/USD Testing 1.0800, ZEW Sentiment Better-Than-Expected

The latest ZEW economic sentiment data showed optimism picking up in Germany and the Euro Area, beating market forecasts, as economists eye lower interest rates next year...
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  • December 12, 2023
  • Market News
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BoJ Chatter Sends Mixed Messages, USD/JPY Softer Ahead of US CPI

Communication from BoJ officials has prompted a seesaw reaction in the yen. Anticipation of a policy pivot builds but officials are yet to be convinced it will happen soon...
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  • December 12, 2023
  • Market News
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GBP Breaking News: Mixed UK Jobs Report Should Not Deter BoE

GBP prices remain resistant after UK jobs data provided some varied information. GBP/USD & EUR/GBP now look to US CPI & ZEW economic sentiment....
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  • December 12, 2023
  • Market News
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Gold Price Outlook Rests on US Inflation, Fed’s Guidance, Nasdaq 100 Breaks Out

This article examines gold and the Nasdaq 100’s technical outlook, analyzing market sentiment and critical price levels that may be relevant for traders in the coming days....
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  • December 12, 2023
  • Market News
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Oil Price Forecast: Oil Eyes Continued Recovery but Market Participants Remain Cautious

Oil prices remain under pressure as fund managers ramp up their bearish outlook and the IMF warns of the pitfalls to global growth should the global economy fragment into two blocs....
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  • December 12, 2023
  • Market News
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US Dollar Forecast: All Eyes on US Inflation, Setups on EUR/USD, USD/JPY, GBP/USD

This article analyzes the technical profile for major U.S. dollar FX pairs such as EUR/USD, USD/JPY and GBP/USD, examining critical price levels that could act as support or resistance ahead of U.S. CPI data....
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  • December 12, 2023
  • Market News
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Bitcoin (BTC/USD) Price Forecast: Eyes on $40k Support as ARK Sell More Coinbase (COIN) Shares

Bitcoin failed in its attempt to break the $45k handle prompting a pullback which could in part be down to profit taking. ARK sell more COIN shares to balance ETF weighting....
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  • December 12, 2023
  • Market News
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Gold Pullback Extends After NFP Print Rejuvenated the Dollar, US Yields

NFP data hinted once again that the labour market is resilient, cooling aggressive rate cut expectations and providing the dollar with a helping hand...
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