• November 15, 2023
  • Market News
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UK Breaking News: UK CPI Posts Massive Drop, GBP Offered

Headline CPI dropped massively as energy and food prices see large declines. UK government achieves its target of halving inflation ahead of next week’s Autumn Statement...
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  • November 15, 2023
  • Market News
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US Dollar in Freefall After US CPI, Setups on EUR/USD, GBP/USD, Nasdaq 100, Gold

This article focuses on the technical outlook for EUR/USD, GBP/USD, Nasdaq 100 and gold, taking into account the key price levels in play following the explosive market moves in the wake of weaker-than-expected U.S. inflation data....
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  • November 15, 2023
  • Market News
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Japanese Yen Update: Lower US CPI Tames USD/JPY, GBP/JPY Rises

CPI was the latest US data point to turn lower, following a developing trend since the softer October jobs print. The USD selloff weighs on USD/JPY while GBP/JPY eyes resistance...
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  • November 14, 2023
  • Market News
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US Crude Ticks Up After US CPI, Holds Most OPEC-Inspired Gains

OPEC and the IEA have both upped their oil-demand forecasts while US inflation report bolsters hopes that rates will stay on hold...
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  • November 14, 2023
  • Market News
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US Inflation Cools to 3.2 % in October, US Dollar Sinks but Gold Gains

U.S. headline CPI eased to 3.2 % year-on-year in October, down from September’s 3.7%, a slow but welcome directional improvement for the Fed, which targets an inflation rate that averages 2.0% over time....
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  • November 14, 2023
  • Market News
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Gold (XAU/USD) – Sitting on Technical Support as US Inflation Report Nears

The latest US inflation report will be released later in the session and is expected to show that price pressures are easing. Will this be enough to send gold back towards $2,000/oz?...
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  • November 14, 2023
  • Market News
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Euro Update: EUR/USD and EUR/JPY Could Stand to Benefit This Week

The euro attempts to grind higher in a week filled with Fed speakers and the potential for a continuance of softer US data (CPI, retail sales). Yen depreciates further...
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  • November 14, 2023
  • Market News
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Dow, Nikkei 225 and CAC 40 Gains Slow ahead of US Inflation Data

Indices have turned cautious as the key event of the week, US consumer price inflation, looms large on the calendar today....
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  • November 14, 2023
  • Market News
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UK Unemployment and Upside Wage Pressures Dominate Jobs Report

GBP prices rallied despite a fall in employment change as unemployment and average earnings stole the show. Pound remains bid....
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  • November 14, 2023
  • Market News
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US Dollar Setups Before US CPI: USD/JPY, GBP/USD, AUD/USD, Volatility Up Ahead

This article explores pivotal technical levels for USD/JPY, GBP/USD and AUD/USD that may act as support or resistance following the October U.S. inflation report due for release on Tuesday....
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