Crude Oil Forecast: Brent Softened by Global Slowdown & Chinese Policies
Brent crude oil prices are indicative of an uncertain market due to conflicting supply and demand factors as we look to close out 2022.
GBP/USD Rallies as UK Chancellor Announces Revised Fiscal Plans
The new UK Chancellor of the Exchequer, Jeremy Hunt, has outlined his emergency, medium-term fiscal plans as the UK government U-turns on previous commitments.
Gold Outlook: XAU/USD Rallies with Fundamental Factors Likely to Cap Gains
The precious metal began the week on the front foot buoyed by a weaker dollar. The rally looks vulnerable below $1670.
USD/JPY Soars after G7 Nations Sidestep Coordinated FX Intervention
USD/JPY remains elevated after Friday’s advance as G7 nations remain attentive to spillover effects of the dollar but are yet to consider coordinated intervention
USD/CNH Technical Outlook: Chinese Yuan Drop Showing Signs of Fatigue
On a weekly basis, USD/CNH closed at a record high on Friday. What is the outlook and the key levels to watch?
British Pound Respite as US Dollar Weakens and a Possible Policy Backflip
The British Pound found something of a pardon to start the week with market hopes of change in tack from the new Chancellor and a moderating US Dollar. Where to…
Hang Seng Index and Shanghai Composite Index Technical Outlook: Weakness Persists
The Hang Seng Index could weaken further following a technical breakdown. The Shanghai Composite Index is risking a move lower within the broader range. What is the outlook and what…
Japanese Yen on the Ropes Against US Dollar as Intervention Lurks. Where to for USD/JPY?
The Japanese Yen continues to lose ground against the US Dollar to start the week as the market contemplates Japanese officials’ comments amid a hawkish Fed. Higher USD/JPY?
Australian Dollar at Risk as New Week Begins, Eyes on USD/JPY and Intervention Threat
The Australian Dollar may weaken as the new trading week begins after Wall Street’s plunge on Friday. With USD/JPY at a 32-year high, will Japan soon intervene again?
Markets Week Ahead: Dow Jones, Nasdaq 100, British Pound, Japanese Yen, Earnings Season Continues
The Dow Jones pulled off a gain as the tech-heavy Nasdaq 100 sank alongside Tesla. British political turmoil continues to be a threat to the FTSE 100 and the Sterling.…