British Pound Forecast – GBP Pummeled by BoE Rate Split and Strikes
The British Pound is under pressure going into the weekend after yesterday’s BoE rate hike indecision left traders unimpressed
Australian Dollar Outlook: US Dollar Roars Back to Life
The Australian Dollar got dusted after the US Dollar regained its ascendency amid central bankers re-iterating their hawkish stance after a series of hikes. Will AUD/USD go lower?
Dollar Outlook Still Carries Important Event Risk and Technical Pressure
The Dollar was in something of a precarious technical position heading into the high-level event risk of last week. Now as we move into a period that typically sees a…
S&P 500, Nasdaq, Dow Jones Forecast for the Week Ahead
Bears made a noticeable re-appearance this week with a steely focus on 2023 price action, but will bears make a push into the end of the year or wait for…
GBP/USD Still Struggling As Data Stoke UK Recession Fears
GBP/USD slid sharply in the previous session despite a half-point interest rate rise. Generally feeble UK economic data saw it fall further on Friday
Euro (EUR/USD) Latest – ECB’s Hawkish Shift Boosts the Euro
The European Central Bank sent a strong hawkish signal to markets yesterday, propelling the single currency higher across the board.
Crude Oil Caught in ECB Maelstrom After Rate Hikes and Hawkishness Prevails
Crude oil is slightly softer today after US Dollar ascendency got back on track and the ECB got their message across loud and clear. Will WTI crude oil head higher…
Bitcoin Technical Outlook: BTC/USD Not Out of the Woods
While Bitcoin has stabilized in recent weeks, more work needs to be done before concluding that the worst for the cryptocurrency is over. What is the outlook and the signposts…
Gold and Dow Jones Sink After ECB Spooked Markets, XAU/USD Reversal in Motion?
Gold prices sank the most in 3 months alongside the Dow Jones after a slew of rates hikes from central banks in Europe. Is more pain in store for XAU/USD…
SPX, Nasdaq Slide; USD, EUR/USD Tendencies of Turn After CB Onslaught
Markets remained on the move today through ECB and BoE rate decisions. A massive options expiry is on the calendar for tomorrow, which can keep equities on the move into…