FTSE 100, British Pound (GBP) Nudge Higher on Positive News Flow
Financial markets are pushing slightly higher in early trade, boosted by positive US economic data and Omicron news flows.
DXY Index Weakens as US Dollar has Mixed Fortunes Before PCE Data. Will it Recover?
The US Dollar gave up some ground today as positive news saw risk assets appreciate despite a severe lockdown in China. Can USD get back on track?
Gold Prices Eye PCE Data but the XAU/XAG Ratio Shows Silver Primed to Outperform
Gold prices rose overnight going into the Asia-Pacific session as breakeven rates rose. PCE data is in focus for precious metals, and Silver may provide a better play if inflation…
US Dollar Looks Increasingly Vulnerable: USD/SGD, USD/THB, USD/IDR, USD/PHP
The US Dollar appears vulnerable to ASEAN currencies. USD/SGD is eyeing a Triple Top as USD/IDR broke under a Rising Wedge. Will USD/PHP losses resume after a trendline breakout?
Crude Oil Price Jumps on Upbeat Outlook and Softer US Dollar. Where To For WTI?
Crude continued higher as Omicron fears lessened and inventory numbers showed healthy demand for oil. Can WTI break higher?
AUD/USD Targets Monthly High as Omicron Risk Fades and Nasdaq 100 Rallies
AUD/USD rose as risk aversion receded on Wall Street, with the Nasdaq 100 gaining for a second day. Australian private sector growth will cross the wires during illiquid trading conditions.
Nasdaq 100 Gains as Traders Seek Exposure to Risk-Assets on Santa Rally Hopes
Nasdaq 100 rises for the second day in a row as market sentiment continues to improve and traders rush to increase their exposure to risk assets on fears of missing…
New Zealand Dollar Forecast: Risk Rebound Lifting Kiwi – Setups for NZD/JPY, NZD/USD
The rally in high beta assets this week is helping propel the New Zealand Dollar higher.
Canadian Dollar Technical Analysis: Rebounding Oil Fuels Loonie Rally – Setups for CAD/JPY, USD/CAD
Strength in CAD-crosses the past few days remains technically inconsequential.
Bank of England Hiking Cycle: FTSE 100, FTSE 250, GBP/USD, GBP/EUR Analysis
BoE rate hike impact on UK assets 3-months after liftoff