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Latest:
  • Tesla stock pops on partnership with General Motors. Here’s what the experts have to say
  • Ron Insana says an A.I. bubble may be forming, but we’re not there yet
  • NZDUSD up today, but stalls near 38.2% of the May trading range
  • Stocks making the biggest moves midday: Sonoma Pharmaceuticals, Braze, Adobe and more
  • EURUSD falls back to the key swing area. Can support hold?
  • S&P 500 Challenges Major Resistance as RSI Nears Overbought Zone, Fed Looms
  • JPMorgan bond chief Bob Michele sees worrying echoes of 2008 in market calm
  • Ron Insana says an AI bubble may be forming, but we’re not there yet
  • EURGBP breaks to lowest level since August 2022
  • British Pound Latest – GBP/USD and EUR/GBP Highlight Sterling’s Strength

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Category: Market News

Market News

British Pound Latest – GBP/USD and EUR/GBP Highlight Sterling’s Strength

Posted onJune 9, 2023

The British Pound is pushing through a level of prior resistance against the US dollar while EUR/GBP hits a low last seen in late August.

Market News

Gold Price Latest – Support Continues to Build Ahead of a Pivotal Week

Posted onJune 9, 2023

The price of gold has found a solid short-term support and is trying to push higher ahead of a week packed full of high importance …

Market News

USD/CAD Price Outlook: USD/CAD Tests Major Support as USD Eases

Posted onJune 9, 2023

USD/CAD continues its bearish momentum as a signal of a declining US jobs market send the dollar lower. CAD still riding on positive momentum after …

Market News

USD/JPY Price Forecast: Yen Slides as BoJ Sees Little Need to Tweak YCC in June

Posted onJune 9, 2023

USD/JPY bulls enjoyed a fruitful start to the European session following dovish comments from the BoJ. Will USD/JPY gain acceptance above the 140.00 handle ahead …

Market News

Outlook on FTSE 100, DAX 40 and S&P 500 Ahead of Next Week’s Central Bank Meetings.

Posted onJune 9, 2023

​​Technical analysis on FTSE 100, DAX 40 and S&P 500 within their fundamental context.

Market News

USD Price Forecast: DXY Holds its Breath Ahead of Big Data Week

Posted onJune 9, 2023

The U.S. dollar found some backing this morning while trading within a bull flag pattern; however, US CPI and the FOMC will ultimately decide on …

Market News

New Zealand Dollar Boosted by Low Volatility; What’s Next for NZD/USD, AUD/NZD, EUR/NZD?

Posted onJune 9, 2023

The suspension of the US debt ceiling, the resilience of the global economy, and hopes that US interest rates are peaking have boosted risk-sensitive currencies, …

Market News

Asia Day Ahead: Wall Street Up Overnight; Sentiment in Extreme-Greed Territory

Posted onJune 9, 2023

The softer US economic calendar overnight prompted market participants to source for clues on the Fed’s policy path from the US weekly jobless claims.

Market News

Crude Oil Price Bounces Around but is Unable to Break the Range Where to for WTI?

Posted onJune 9, 2023

Crude oil prices regained traction going into Friday after testing the downside overnight as potentially more supply coming online before USD tanked. Will the range …

Market News

Gold Rallies as US Dollar Sinks on Jobless Claims Surge, XAU/USD Eyes Bullish Engulfing

Posted onJune 8, 2023

Gold prices rallied as the US Dollar and Treasury yields sank after an unexpected surge in US jobless claims. XAU/USD now faces a Bullish Engulfing, …

Market News

Canadian Dollar Outlook: USD/CAD at Risk on Hawkish BoC but Fed May Be a Spoiler

Posted onJune 8, 2023

The Bank of Canada’s hawkish stance could weigh on USD/CAD in the near term, but the Fed could counter weakness if it embraces an aggressive …

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Recent Posts

  • Tesla stock pops on partnership with General Motors. Here’s what the experts have to say
  • Ron Insana says an A.I. bubble may be forming, but we’re not there yet
  • NZDUSD up today, but stalls near 38.2% of the May trading range
  • Stocks making the biggest moves midday: Sonoma Pharmaceuticals, Braze, Adobe and more
  • EURUSD falls back to the key swing area. Can support hold?
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