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Japanese Yen Update: Japanese Officials Watching JPY Volatility, US Debt Ceiling Vote

Posted by By 30/05/2023Posted inForex
Japanese officials are closely watching how the Japanese Yen is moving in the FX market after USD/JPY hit a fresh six-month low.
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Gold Price Forecast: 100-Day MA Provides Support as Gold Eyes Recovery

Posted by By 30/05/2023Posted inForex
Spot Gold continues to struggle for a meaningful recovery as the Dollar Index (DXY) began the day on the front foot. Will the DXY continue to hamper golds recovery?
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FTSE 100 Lower, Dax Moves Higher While Dow Looks to Edge Up Following Reports of Debt Ceiling Deal​​​​

Posted by By 30/05/2023Posted inForex
​Indices were given a boost on Friday by news of a debt ceiling deal in principle, though some of that optimism has ebbed away over the long weekend.
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GBP/USD Price Forecast: Pound Faces Uphill Battle Despite Debt Ceiling Optimism

Posted by By 30/05/2023Posted inForex
GBP/USD has not been able to reverse recent losses while fundamental and technical analysis may suggest further hardship for the pound.
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Bitcoin & Ethereum Week Ahead: Upside Capped For Now?

Posted by By 30/05/2023Posted inForex
Developments on higher timeframe charts suggest the recent rebound is not a sign of the resumption of the multi-week uptrend. Indeed, chances are that cryptocurrencies could be settling in a…
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Crude Oil Dips as US Dollar Steadies with a Pending Debt Deal Vote. Where to for WTI?

Posted by By 30/05/2023Posted inForex
The crude oil price gave up yesterday’s gain today while the US Dollar regained the ascendency in some pockets of the currency market as the debt deal faces an imminent…
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Ahead of Euro Area Inflation: EUR/USD, EUR/GBP, EUR/AUD Price Setups

Posted by By 30/05/2023Posted inForex
The euro is beginning to look a bit oversold at least against the US dollar ahead of key Euro area inflation data, opening the door for a minor rebound. What…
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Australian Dollar Breaks Range but Lacks Follow Through. Will AUD/USD Reverse?

Posted by By 30/05/2023Posted inForex
The Australian Dollar bounced off the recent low to start this week despite some soft economic data. Some technical signals might be saying something. Will AUD/USD go lower?
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Erdogan Wins Runoff Election as USD/TRY Rises Above Psychological 20.0000 Level

Posted by By 29/05/2023Posted inForex
President Erdogan emerges victorious in runoff as hopes for a monetary policy shift fade. Is there any hope for the Lira moving forward?
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EUR/USD, GBP/USD Eyeing Recovery on Low Liquidity Monday Following US Debt Deal

Posted by By 29/05/2023Posted inForex
The Euro and Pound look to capitalize on potential dollar weakness following US debt deal. Low liquidity and the hawkish repricing of Fed Rate hike probabilities provide downside risk. Has…
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