Forex Trading News And Course

Gold Price Setup: Can Stretched Long Positioning in XAU/USD Trump Technicals?

Gold is at a critical juncture – stretched retail traders’ long positioning poses downside risks to XAU/USD. However, if the past is any guide, the …

By WeRaven

June 8, 2023

Breaking News

Vice governor of PBOC says Bank has ability to maintain stable FX market operations

June 8, 2023

The People’s Bank of China has a number of vice governors. I’m not sure which one this is, comments being carried by news wires: We …

Breaking News

Bank of Korea senior official says far too early to relax over inflation

June 8, 2023

Bank of Korea senior official: Does not hold view that monetary tightening is over It is still too early to be relaxed over inflation BoK …

Market News

Asia Day Ahead: Higher Treasury yields triggered profit-taking in Nasdaq overnight

June 8, 2023

A quiet US economic calendar overnight shifted much of the market focus to Bank of Canada (BoC), who became the second central bank to deliver …

Market News

Crude Oil Outlook Muddied by Interference and Low Vol. Where to for WTI?

June 8, 2023

Crude oil prices consolidated going into Thursday after a bumpy start to the week as markets reassess the outlook when monetary policy is stagnant. Will …

Market News

Dow Jones Gains, Nasdaq 100 Sinks as Major Bond Yields Soar Amid Surprise Rate Hikes

June 7, 2023

The Dow Jones gained while the Nasdaq 100 sank amid rising government bond yields in the developed space following unexpected rate hikes this week. Will …

Breaking News

MUFG sees limited scope for USD/JPY to move higher from its current level

June 7, 2023

This summary of MUFG on the yen is via the folks at eFX. For bank trade ideas, check out eFX Plus. For a limited time, …

Breaking News

Amazon stock dips after Bernstein analysts pen ‘open letter’ to CEO. Here’s what the pros say

June 7, 2023

Pros on CNBC discussed what they think about Amazon stock after Bernstein analysts wrote an “open letter” to CEO Andrew Jassy and the board.

Market News

Gold and Silver Prices in Peril as Yields Surge, Technical Setup on XAU/USD

June 7, 2023

Gold and silver prices retreated on Wednesday, weighed down by higher U.S. Treasury yields. Precious metals could remain biased to the downside if rates extend …

Analyst Articles

USDCHF tests yesterday’s high and 0.9100 level

June 7, 2023

The USDCHF is having another up-and-down trading day today with the price trading above and below its near converged 100 and 200-hour moving averages (near …

Analyst Articles

WTI crude oil futures settle at $72.53

June 7, 2023

WTI crude oilfutures are settling higher on the day. The prices settled at $72.53, up $0.79 or 1.10%. The high price reached $73.19. The low …

EU Enters Recession: EUR/USD, EUR/GBP and EUR/JPY Price Setups

Stocks making the biggest premarket moves: GameStop, Wynn Resorts, Lucid, Adobe & more

The family office for Mark Zuckerberg and Jack Dorsey backs French rival to Microsoft Excel

GBPUSD Technical Analysis – Looking for a breakout

Gold Price Setup: Can Stretched Long Positioning in XAU/USD Trump Technicals?

Vice governor of PBOC says Bank has ability to maintain stable FX market operations

Bank of Korea senior official says far too early to relax over inflation

Asia Day Ahead: Higher Treasury yields triggered profit-taking in Nasdaq overnight

Crude Oil Outlook Muddied by Interference and Low Vol. Where to for WTI?

Dow Jones Gains, Nasdaq 100 Sinks as Major Bond Yields Soar Amid Surprise Rate Hikes

MUFG sees limited scope for USD/JPY to move higher from its current level

Amazon stock dips after Bernstein analysts pen ‘open letter’ to CEO. Here’s what the pros say

Gold and Silver Prices in Peril as Yields Surge, Technical Setup on XAU/USD

USDCHF tests yesterday’s high and 0.9100 level

WTI crude oil futures settle at $72.53