Japanese Yen Slips Vs USD Again as Data Show Trade Gap Yawned in April
The Japanese currency remains pressured by its still-low interest rates and the USD/JPY uptrend is entrenched
UK Inflation Proves Too Hot to Handle in April, Unravelling Rate Cut Bets
UK April CPI came in a lot hotter than expected, specifically services inflation which carries huge importance for the Bank of England. Rate cuts paired back massively, GBP bid
Dow Drops Back While Nasdaq 100 hits new High, and Russell 2000 Pushes Towards April High
While the Dow is struggling to hold above 40,000, the Nasdaq 100 has hit a fresh high ahead of Nvidia earnings this week. The Russell 2000 is still below the…
British Pound Holds Near Two-Month Peaks Vs USD As Attention Grabbing CPI Looms
Sterling may not move far until Tuesday, when some weakness in domestic inflation is expected to be seen
Euro Technical Analysis: EUR/USD Drifts Lower, EUR/GBP Looks for Support
The euro has been subdued in what was expected to be a quieter week. EUR/USD declines but remains within ascending channel. EUR/GBP eying support ahead of UK CPI
Nvidia’s Q1 Earnings: Record Results Driven by AI Chip Dominance?
Will NVIDIA’s Q1 earnings report propel the stock to another all-time high or even reach a four-digit price tag for the first time?
Gold Price Outlook: Precious Metals Pullback from Intra-Day Highs
Gold achieved another all-time high as silver surpassed highs not seen since 2013. The precious metals eased thereafter as Fed officials distance themselves from rate cuts
FTSE 100, DAX 40 and S&P 500 Head Back Towards Record Highs
Outlook on FTSE 100, DAX 40 and S&P 500 amid BoE and Fed talk
Euro Struggles With $1.09 Cap But Finds Support in Risk Appetite
The week has got off to a subdued start for EUR/USD, with the Dollar likely to set the trading pace
Aussie, Kiwi Dollar Outlook: AUD, NZD Price Setups Ahead of the RBNZ
AUD/USD bullish potential remains, and AUD/NZD bounces off a zone of support ahead of the Reserve Bank of New Zealand’s rate announcement and RBA minutes