Crude Oil Update: Central Bank Hikes Weigh on Brent Ahead of Baker Hughes
Brent crude oil continues to fall as fundamental headwinds gain traction.
Gold Price Outlook – Struggling to Make Any Headway, Further Downside Beckons
US Treasury yields have risen further over the last week as markets price in higher interest rates for longer in the US. And that's not good news for gold.
Australian Dollar Floored by Booming US Dollar as Rate Hikes Ricochet Through Markets
The Australian Dollar has been hammered in the maelstrom running through markets this week as several central banks make their moves on interest rates. Will AUD/USD hit new lows?
Japanese Yen Intervention Brings Most Volatile Day Since 2016, Where to for USD/JPY?
The Japanese Yen gained against the US Dollar as USD/JPY saw its most volatile day in over 6 years due to government intervention. What are key levels of support to…
Would a Louder Recession Signal Push the Dow Over the Ledge, Reverse the Dollar?
We have come through a flood of monetary policy from the Fed, BOE, BOJ and others. While the general trend is towards tightening, there is just as much disparity contributing…
US Dollar Rally Pauses as Japanese Yen Finds Respite: Asia-Pacific Outlook
Asia-Pacific markets face a risk-off day despite a US Dollar pullback driven mainly by Japanese Yen strength following an intervention in FX markets.
USD/CAD Rally Pushes RSI Into Overbought Zone for First Time in 2022
USD/CAD may attempt to test the July 2020 high (1.3646) as the Relative Strength Index (RSI) climbs into overbought territory for the first time this year.
S&P 500, Nasdaq, Dow Fall Amid Mounting Growth Concerns
U.S. equity indices continued to fall after the FOMC hiked interest rates yesterday and reaffirmed their commitment to bring inflation under control despite economic growth concerns
Gold Price Forecast: Stuck Below Former Support Post-Fed – Levels for XAU/USD
Gold prices haven’t been able to stage a recovery above 1680.
USD/CHF IG Client Sentiment: Our data shows traders are now net-short USD/CHF for the first time since Sep 09, 2022 when USD/CHF traded near 0.96.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CHF-bullish contrarian trading bias.