GBP/USD Extends Losses as UK Labor Market Shows Signs of Weakness
The UK jobs market is getting tougher, adding pressure on the Bank of England to cut interest rates. Wednesday’s UK inflation data now becomes key.
US Dollar’s Outlook Brightens; Setups on EUR/USD, USD/JPY, GBP/USD
This article examines the technical outlook for the U.S. dollar, analyzing price action dynamics and possible scenarios for three of the most liquid and popular currency pairs: EUR/USD, USD/JPY and…
Market Sentiment Analysis and Outlook: Gold, WTI Crude Oil, S&P 500
This article analyzes retail sentiment on three key markets: gold, WTI crude oil and the S&P 500, exploring potential directional outcomes based on contrarian technical signals.
Risk Sentiment Improves Despite Major Geopolitical Uncertainty: Gold, USD, SPX
Gold and the dollar stabalise at elevated levels while EU stocks attempt a recovery. The S&P 500 is expected to open higher to start the week and USD/JPY approaches a…
USD/JPY Price Outlook: Yen Weakness Gathers Pace, Teasing FX Intervention
A safe haven boost and better-than-expected US retail sales data added pressure on the beleaguered yen, sending USD/JPY just shy of 155.00 – a level of interest to authorities
Bitcoin (BTC), Ethereum (ETH) Rally on Hong Kong Spot ETF Approval Rumors
News sources are reporting that multiple issuers have been given approval to launch spot Bitcoin and Ethereum ETFs in Hong Kong.
FTSE 100, DAX 40 and Nasdaq 100 Begin Week on Cautious Footing
Outlook on FTSE 100, DAX 40 and Nasdaq 100 amid escalating tensions in the Middle East alongside US Q1 earnings season.
Aussie Dollar Plummets Amid Conflict Escalations and Chinese GDP Data
The Aussie dollar typically acts as a sentiment gauge, following the S&P 500. Risks of a broader conflict in the Middle East and policy divergences keep AUD on the back…
Markets Week Ahead: Gold Spikes, Dollar Soars, EUR/USD and GBP/USD Slump
The US dollar powered ahead in the second half of the week after the latest CPI reading showed US nudging higher.
Gold Price Outlook: Bulls in Control but Bearish Risks Grow on Stretched Markets
Gold climbed this week, setting a new all-time high near $2,430. However, prices eventually backed off those levels, closing near $2,345 on Friday.