New Zealand Dollar Dipped After the RBNZ Left its Cash Rate Alone. Where to for NZD/USD?
The New Zealand Dollar missed a beat after the RBNZ hit the pause button in its actioned packed hiking cycle. Will NZD/USD break the top end of the range?
Crude Oil Prices May Extend Gains as Retail Traders Turn More Bearish
Crude oil prices have taken gains this month so far to the best since October. This pushed retail traders to increase downside exposure, is this a sign WTI may rally…
S&P 500 Ekes Out Modest Gain Ahead of US CPI Data but Double Top Still in Play
The S&P 500 advances, but gains are modest amid market caution ahead of the June U.S. CPI report, which could help guide the Federal Reserve's next steps in terms of…
EUR/CHF IG Client Sentiment: Our data shows traders are now at their most net-long EUR/CHF since May 19 when EUR/CHF traded near 0.97.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/CHF-bearish contrarian trading bias.
British Pound Setups: GBP/USD Eyes Resistance as EUR/GBP Flirts with Breakdown
The British pound has strengthened significantly in recent weeks, boosted by a hawkish repricing of interest rate expectations in the UK in the face of persistently high inflation.
Gold (XAU/USD) Rally Falters at Range High, More Consolidation Ahead?
Spot Gold is struggling to hold onto gains following an extended rally in the Asian and European sessions. Where to next for Gold prices?
USD/ZAR Price Forecast: Rand Bulls Force Bear Flag Breakout
The ZAR is roughly 1% against the USD today as Chinese economic data and US CPI forecasts hinder US dollar support.
US Dollar Hits a Fresh Two-Month Low as Future Rate Hike Expectations Ease
The US dollar slipped Monday after various Fed officials suggested that while rates may move higher in June, the 15-month hiking cycle may be drawing to a close.
Crude Oil Prices Inch Up on Weaker Dollar, Production Cuts
US Crude Oil has had a strong run of gains despite a not-obviously-supportive backdrop of plentiful supply and uncertain demand
Japanese Yen Outlook: USD/JPY, GBP/JPY, EUR/JPY Price Setups
The yen appears to be back in favour as surging wage growth coupled with signs of demand driven inflation forces the Bank of Japan to take note