Gold (XAU/USD) Technical Forecast: Sudden Surge Places $1900 in Sight
Gold continues to experience large price swings and remains heavily reactive to see-sawing news flows. $1900 in sight but oversold conditions could delay a move higher
British Pound (GBP) Latest: Sterling Elevated Despite Risk Off
The pound has been robust in the face of fluctuating geopolitical tensions with support from strong UK economic data. GBP/USD now attempts to tackle channel resistance.
US Dollar (DXY) Forecast – Longer-Term Trend Remains in Play
The recent sell-off in the US dollar looks to have run its course allowing the longer-term trend to continue pushing the greenback higher.
Crude Oil Price Volatility Eyed with Russia, OPEC and Iran in Focus
Crude oil prices may see higher-than-usual volatility ahead of the March OPEC meeting amid ongoing nuclear talks with Iran as well as tension between Russia and Ukraine.
Euro Skips a Beat as Tensions Mount in Ukraine As Information War Heats Up.
The Euro slipped on unconfirmed reports of a skirmish on the Ukranian border. With markets twitchy, will EUR/USD slide further?
Silver Price Forecast: XAG Aims Lower as Market Confidence in Fed Improves
Silver prices are lower in Asia-Pacific trade despite a broader risk-off move brought on by escalating tensions in Ukraine. A commonly watched yield curve is signaling renewed confidence in the…
S&P 500 Steady After FOMC Meeting Minutes, APAC Stocks Open Mixed
Wall Street stocks were mixed on Wednesday as investors digested the latest FOMC meeting minutes. Geopolitical tensions surrounding Ukraine’s border cooled. Asia-Pacific markets look set to open mi...
Australian Dollar Forecast: AUD/USD Muted on Rosy Jobs Report as Iron Ore Falls
The Australian Dollar trimmed strength this morning versus the US Dollar after a rosy jobs report. Falling iron ore prices may be dragging the Aussie Dollar as China amps up…
Crude Oil Prices Spike and Drop On Evolving Ukraine News. Where to for WTI?
Crude oil has paused in its run upward as geopolitical tensions take center stage over supply concerns. Will WTI go higher?
AUD/USD Rate Rebound Susceptible to Slowdown in Australia Employment
The update to Australia’s Employment report may undermine the recent rebound in AUD/USD as job growth is expected to hold flat in January.