S&P 500 Forecast for the Week Ahead: Inflation Data to Make or Break the Market

The May U.S. inflation report will be key for the S&P 500 next week. For sentiment to improve meaningfully, the data will have to show that inflationary pressures are easing at a rapid pace.

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Gold Price Outlook: XAU/USD May Fall as Markets Pivot Back to Inflation Woes

Gold prices remain vulnerable after a solid US non-farm payrolls report underscored the Fed's confidence in the economic outlook. All eyes are on the next US inflation report.

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US Dollar Fundamental Forecast: USD May Rebound Despite Expected CPI Cooling

The US Dollar moderated following multi-week losses. Traders have US CPI data in focus, but a weaker-than-expected print is unlikely to cool Fed rate hike bets. That may keep the US Dollar firmly s...

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Weekly Crude Oil Forecast: OPEC+ Supply, U.S. Dollar and Economic Data in Focus

Crude oil has managed to end the week on high leaving next week open to fundamental forces from both supply and demand-side factors and a resurgent USD.

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Australian Dollar Primed to Move on RBA, Swinging Risk Appetite

The Australian Dollar looks primed for volatility. An expectant mood ahead of the upcoming RBA policy update may compound sensitivity to seesawing risk appetite trends.

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Gold Price Forecast: XAU/USD Shadows Rise in Real Yields Ahead of NFP

Spot gold opened lower this morning as markets anticipate the upcoming NFP release. XAU/USD trades above $1850 for now but could flip dependent on U.S. data later today.

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Crude Oil Prices May Rise on NFPs after OPEC+ Meeting Boosted WTI to Resistance

Crude oil prices may extend gains from the OPEC+ meeting and EIA inventory data if US non-farm payrolls data disappoints and boosts the S&P 500. Will WTI breach key resistance?

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Sentiment Indicators: Using IG Client Sentiment

IGCS is derived from actual data driven by live traders. Learn how to use IGCS as a technical indicator to compliment a multitude of approaches.

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Trading Forex at the News Release

Learn how to trade forex news at the release with our top news trading strategies

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AUD/USD Seeks to Maintain Gains After Rosy US Session as NFPs Nears

The Australian Dollar paced higher versus the US Dollar as Wall Street rallied overnight. APAC traders may look to capitalize on that momentum into the weekend. Tonight's US NFP data is on the radar.

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Crude Oil Price Unfazed by Rise in OPEC Output amid Decline in US Inventories

Current market conditions may keep the price of crude oil afloat amid the larger-than-expected decline in US inventories.

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Australian Dollar Stuck Despite Trade Data Boost. Will the RBA Kick AUD/USD Higher?

The Australian Dollar struggled to capitalize in the aftermath of trade numbers that beat expectations, providing ammunition for RBA hikes. Where to for AUD/USD?

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USD/JPY Rate Reversal Takes Shape Ahead of 50- Day SMA

USD/JPY may track the positive slope in the 50-Day SMA (127.19) as the exchange rate reveres ahead of the moving average.

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Bitcoin Drops Alongside US Stocks as Treasury Yields Weigh on Sentiment

Bitcoin prices sank more than 5% as US stocks closed lower on the first trading day of the month. That dour tone may bleed into the APAC session as traders eye Australian trade data.

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S&P 500 Sags as Strong US Manufacturing Data Sparks Surge in Treasury Yields

The S&P 500 falls for a second straight day as strong US manufacturing data increases the likelihood that the Fed will have to continue to front-load hikes to cool demand and curb inflation.

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EUR/USD Struggles to Hold Above 50-Day SMA Ahead of NFP Report

Data prints coming out of the US may keep EUR/USD under pressure as the Non-Farm Payrolls (NFP) report is anticipated to show a further improvement in the labor market.

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Copper Price Technical Analysis: Bullish Momentum Gathers Pace

Copper prices have continued their rebound from their May lows.

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Sterling Price Forecast: GBP/USD Bullish Momentum Stalls Ahead of NFP

In the absence of high impact UK data, we turn to the US for insight into GBP/USD price action. A whole host of Fed speakers, ISM data and NFP data ahead

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Euro Price Forecast: Is the EUR/USD Bear Market Rally Coming to an End?

EUR/USD may be making a turn lower after growth prospects were muted by the Russian oil embargo, while key ECB and Fed speeches are expected later today.

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Canadian Dollar Forecast: BoC to Hike, USD/CAD Falls into Support

BoC risks a hawkish disappointment. USD/CAD testing support

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