Hang Seng Index Technical Outlook: A Pause, not a Reversal
The recent retreat in Hong Kong shares appears to be a pause and not a […]
Gold Prices Sink as US Dollar Rallies on Fading Fed Pivot Bets, Where to?
Gold prices fell on Thursday as hawkish Fedspeak and jobless claims data bolstered the US […]
GBP/USD Rallies to Mid-1.21s, Despite Big Bets on a 6% Fed Rate
KEY TAKEAWAYS: Traders are now betting on a higher peak interest rate from the Federal […]
Canadian Dollar Technical Forecast: USD/CAD Battle Lines Drawn
Canadian Dollar technical forecast: USD/CAD weekly trade levels Canadian Dollar reverses sharply off trend support […]
US – Soft Landing to No Landing?
US – Soft landing to no landing? From soft landing to no landing? The turnaround […]
XAU/USD: Gradual Recovery May Lose Traction and Turn Price to Sideways Mode
Recovery rally from $1860 (Feb 6 low) extends into fourth straight day and accelerated on […]
Could Japanese Government Surprise With Nomination of New BoJ Governor?
The term of the 31st Governor of the Bank of Japan ends on April 8. […]
GBP/USD IG Client Sentiment: Our data shows traders are now net-short GBP/USD for the first time since Feb 02, 2023 14:00 GMT when GBP/USD traded near 1.22.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
Dollar Eases as Stocks Push Higher
The US dollar fell, allowing the likes of GBP/USD, EUR/USD et. al., to recover in […]
WTI Oil: Strong Rally Starts to Lose Traction on Overbought Conditions/Inflation Concerns
The WTI oil remains at the front foot and extends strong rise from $72.24 (Feb […]
USD/JPY: Dollar Losing Traction But More Signals Needed to Spark Deeper Drop
The USDJPY edged lower in early Thursday but remains within 130.50/132.90 range which extends into […]
BoE Bailey very uncertain particularly about price-setting and wage-setting
BoE Governor Andrew Bailey said in a Treasury Committee hearing, “we are concerned about persistence […]