September US Inflation Report Explained In 60 Seconds
September US Inflation Report Explained In 60 Seconds
Bitcoin (BTC) Latest – A False Break or a Reason to be Optimistic?
Bitcoin (BTCUSD) remains stuck in a multi-week trading range but Thursday’s post-US CPI price action may be threatening a longer-term downtrend.
US Dollar Price Outlook: DXY Drops, Equities Rally in Unusual Post CPI Trade
The post CPI rollercoaster has many people scratching their heads however, fundamental challenges remain. Inflation is too high and markets ramp up rate hike odds
Germany 40 IG Client Sentiment: Our data shows traders are now net-short Germany 40 for the first time since Oct 06, 2022 11:00 GMT when Germany 40 traded near 12,405.60.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 40-bullish contrarian trading bias.
France 40 IG Client Sentiment: Our data shows traders are now net-short France 40 for the first time since Oct 06, 2022 12:00 GMT when France 40 traded near 5,908.00.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bullish contrarian trading bias.
British Pound Backflips as Market Digests US CPI and Possible Fed Actions
The British Pound gained after US Dollar ascendency collapsed despite a hotter and expected US CPI created a series of reversals across many markets. Where will GBP/USD go?
Singapore Dollar Technical Outlook: USD/SGD, AUD/SGD, NZD/SGD. A Pause in the Trend?
A short-term breather in recent trends could be in the cards for the Singapore Dollar.The uptrend in USD/SGD and the downtrends in AUD/SGD and NZD/SGD could be about to pause.…
S&P 500, Dollar and Pound Volatility Can Carry Over to Important Friday Docket
US core inflation accelerated to its fastest pace of growth in four decades and the market’s expectations for a fourth consecutive 75bp rate hike moved to ‘certainty’ territory. Despite that,…
Gold Price Vulnerable After Failing to Defend Monthly Opening Range
The price of gold may struggle to retain the rebound from the yearly low ($1615) as it fails to defend the opening range for October.
Australian Dollar Clings on After US CPI, Be Wary of USD/JPY Intervention as Yen Falls
The Australian Dollar was whipsawed by a violent reaction to the stronger US CPI report. Be wary of violent USD/JPY price action as the pair climbs past levels where Japan…