Gold Technical: Medium-Term Uptrend Damaged, Spooked by Rapid Rise in 10-Year US Treasury Yield
Trump Trade of a stronger US dollar and rapidly rising longer-term US Treasury yields have […]
NZDUSD Gets Closer to New 2024 low
NZDUSD continues its sell-off Post-US election reaction dictates price action Momentum indicators have turned bearish […]
AUDUSD Remains in Red; Sellers Seem Cautious
AUDUSD charts new low after disappointing jobs data Short-term outlook remains bearish; sellers eye 0.6470 […]
GBP/USD Outlook: Steep Post-US Election Bear Leg Extends Below 1.2700
Cable continues to trend lower, riding on the wave of so-called Trump trades, as dollar […]
Commodity Currencies Reach New Lows
The rally in Bitcoin, meme coins, and the US dollar that followed Donald Trump’s presidential […]
S&P 500 Index Stabilises Near Resistance Block
The ATR indicator on the S&P 500’s 4-hour chart (US SPX 500 mini on FXOpen) […]
Dollar and US Yield Momentum is Strong
Markets US October inflation figures printed bang in line with expectations. Headline inflation picked up […]
Australia October Labour Force: Normalising from Recent Strength
Employment: +15.9k (from +61.3k). Unemployment Rate: 4.1% (from 4.1%). Participation Rate: 67.1% (from 67.2%). In […]
WTI Crude Oil Slips: Is The Market Headed for Further Losses?
Key Highlights WTI Crude Oil price started a fresh decline from the $73.00 resistance zone. […]
Australia’s employment growth 15.9k in Oct, slowest rate in recent months
Australia’s employment grew modestly in October, rising by 15.9k or 0.1% mom, falling short of […]
RBA’s Bullock: Policy to stay restrictive until demand cools to sustainable levels
RBA Governor Michele Bullock commented at a panel discussion today on Australia’s economic and labor […]
Eurozone industrial production falls -2.0% mom in Sep, EU down -2.0% mom too
Eurozone industrial production dropped significantly by -2.0% mom in September, underperforming market expectations of a […]