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Category: Forex News

GBP Price Action Setups: GBP/USD, EUR/GBP, GBP/AUD

GBP looks to continues its positive run of late in the absence of high-impact data releases. Will Sterling’s impressive run continue?

US Dollar Forecast: PCE, Powell to Set Market Tone, Setups on EUR/USD, USD/JPY

This article explores the technical outlook for EUR/USD and USD/JPY, analyzing price action dynamics and the key levels to monitor in the coming days ahead of several high-impact macro events.

S&P 500, NAS 100 Make a Tepid Start to the Week, Where to Next?

US Indices subdued as market participants eye key data events ahead. Will the SPX and Nasdaq be able to hold onto recent gains?

Brent, WTI Oil Prices Await OPEC Supply Cut Quotas for 2024

Oil markets continued the longer-term bearish move ahead of the delayed OPEC meeting. The possibility of more aggressive cuts in response to weaker oil prices poses a risk

British Pound Latest: GBP/USD Remains Supported, BoE Warn on Inflation

Bank of England governor Andrew Bailey warned today that getting inflation down to target will be ‘hard work’ and pushed back against market expectations of interest rate cuts in the ‘foreseeable future’.

Gold (XAU/USD) and Silver (XAG/USD) Continue to Rally as Buyers Take Charge

Gold and Silver start the week on the front foot, printing fresh multi-month and multi-week highs respectively

FTSE 100, DAX 40 and S&P 500 Begin the Week on a Quiet Note

​​Outlook on FTSE 100, DAX 40 and S&P 500 following Thanksgiving weekend.

USD/JPY Weekly Forecast: BoJ Policy Change Reinforced by Japanese CPI

JPY prices have managed to begin the week on the front foot as elevated Japanese inflation stokes hawkish bets.

Market Week Ahead: Gold Tests $2k, GBP/USD, EUR/USD Pop, USD Sags

A holiday shortened week saw the US dollar slide, prompting a small rally in gold, while Sterling flexed its muscles after a robust PMI release.

US Dollar Index (DXY) Unfazed as Business Activity in the US Held Firm

US Business activity remained steady in November but employment in the private sector declined for the first time in almost three-and-a-half years. A sign of things to come?

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