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GBP/USD Price Forecast: Cable Eyes Recent Highs as Central Bankers Gather in Sintra for the ECB Forum

Posted by By 27/06/2023Posted inForex
The ECB Forum is set to start in Sintra today as Central Bankers discuss monetary policy. No real material change is expected as GBPUSD rises ahead of the meeting. Further…
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Australian Dollar Boosted by Soft US Dollar and Rosy China Outlook. Higher AUD/USD?

Posted by By 27/06/2023Posted inForex
The Australian Dollar jumped on a weaker US Dollar undermined by lower Treasury yields and China looking to new efforts to provide impetus to its economy. Where to for AUD/USD?
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Euro Technical Outlook – Ranges Against Trends. Is EUR/USD Trapped?

Posted by By 27/06/2023Posted inForex
The Euro has pulled back from last week’s peak against the US Dollar and it appears to be in a range for the near term, but longer-term trends appear to…
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Lacklustre start to the final week of June: Copper, Nikkei 225, EUR/GBP

Posted by By 27/06/2023Posted inForex
Wall Street added to recent losses overnight, as the moderation from previous overbought technical conditions and extreme bullish sentiments continues.
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Nasdaq 100 Slides as Bullish Sentiment Fades, Frothy Valuations Questioned

Posted by By 26/06/2023Posted inForex
The Nasdaq 100 slides on Monday, extending losses from the previous week as bullish sentiment continues to fade amid growing headwinds for risk assets.
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What China’s Lackluster Stimulus Implies for Copper and the Aussie Dollar

Posted by By 26/06/2023Posted inForex
China’s supportive measures have been widely criticized, with markets making their dissatisfaction known. Chinese assets continue to trade lower, AUD feeling it too
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Japanese Yen Forecast: USD/JPY Pauses after Explosive Breakout. What Now?

Posted by By 26/06/2023Posted inForex
USD/JPY slides as Japanese authorities talk tough and signal possible intervention to curb speculative activity in the FX space and prop up the yen given “rapid and one-sided moves”
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Canadian Dollar Price Action Setups: USD/CAD, CAD/JPY, GBP/CAD Ahead of Inflation Data

Posted by By 26/06/2023Posted inForex
The Bank of Canada looks on course for another 25bps hike in July. What are the chances Canadian inflation data later this week springs a surprise?
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Gold Price Latest: XAU/USD Nudges Higher as US Bond Yields Turn Lower

Posted by By 26/06/2023Posted inForex
The price of gold is testing an old area of support turned resistance but the move currently lacks conviction.
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FTSE 100, DAX and S&P 500 try to find support​​​

Posted by By 26/06/2023Posted inForex
​​Outlook on FTSE 100, DAX 40 and S&P 500 following a week of losses and a short-lived military coup in Russia.
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