Breaking News: Pound Bid After Core Inflation Beat, 50bps Secured?

GBP/USD reacted favorably to elevated UK inflation, placing the Bank of England in an interesting position ahead of next months interest rate decision.

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German Dax Rally Remains Intact Despite Slowing Momentum

The German Dax 40 index has followed major stock indices higher, finding support above prior resistance the key psychological level of 15,000. Can bulls retest 15,400?

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Gold Prices Slip But Bulls Still In Control, Eyeing $2000

Gold is probably due a little consolidation after a breakneck run higher since the end of 2022 as inflation worries have eased

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FTSE Pauses Ahead of All-Time High as Solid Jobs Data Buoys Sterling

The FTSE index outperformed most major indices last year and continues that momentum in early 2023. However, early signs of slowing momentum have appeared

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How to use the PPI in Forex Trading

Inflation rate can determine the value of a country’s currency. Learn how the PPI impacts forex.

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British Pound Latest – GBP/USD Pushes Higher on UK Jobs Data

UK wages are continuing to rise at a rapid rate but persistently high inflation means consumers continue to see their real wages fall.

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Japanese Yen Slides Ahead of BoJ While Chinese Data was Digested. Where to for USD/JPY?

The Japanese Yen went lower again today as the market eyes the Bank of Japan meeting tomorrow where further tightening cannot be ruled out. Will a tilt see USD/JPY make new lows?

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Bitcoin Outlook: BTC/USD Bullish Breakout Drives Crypto Recovery

Bitcoin prices have continued to trade higher after a 26% rise in BTC/USD fueled a bullish breakout above $19,666, the December 2017 high now holds as support for the short-term move.

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EURUSD Hits New 9-Month High But Bulls May Be Out of Puff

There wasn’t much data for traders to digest on Monday, but suspicions that Eurozone borrowing costs will rise sharply keep the Euro supported

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How Central Banks Impact the Forex Market

Discover how policies and interest rate hikes of central banks impact forex and trading decisions.

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Crude Oil Forecast: Brent Tests Key $85 Handle Ahead of Data Heavy Week

Brent crude begins the week on the back foot while markets look forward to key crude oil data.

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Australian Dollar Buoyed by Sentiment as China Moves into Focus. Higher AUD/USD?

The Australian Dollar continued to climb at the start of the week with hopes of China’s re-opening lifting base metals and sinking the US Dollar. Where to for AUD/USD?

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Japanese Yen Appreciation Intact After PPI Data Ahead of BoJ Meeting. Lower USD/JPY?

The Japanese Yen is holding onto last week’s gains after a red-hot PPI number presents a dilemma for the Bank of Japan and its monetary policy posture. Is USD/JPY heading south?

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Markets Week Ahead: S&P 500, Nasdaq 100, US Dollar, Gold, Japanese Yen, BoJ

The S&P 500, Nasdaq 100 and gold gained as the US Dollar fell after CPI data last week. Ahead, the Japanese Yen will be eyeing the BoJ. AUD/USD turns to Chinese GDP data. What else?

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Japanese Yen Weekly Forecast: Optimism Around BoJ Shift Lifts JPY

The Japanese Yen enters the week on a positive note ahead of the highly anticipated BoJ rate decision that could bring about a change to a longstanding policy outlook.

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S&P 500 Toes Technical Cliff, Dollar Has Lost Half of its Rate Era Climb, Event Risk Uneven

Both the benchmark for global equities and the world’s most liquid currency registered meaningful progress this past week while still standing firmly in a shadow of doubt around commitment. On the cusp of ‘risk on’ breaks, how will holiday liquidity and an eclectic mix of top event risk steer conviction?

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Michigan Consumer Sentiment Beats Across the Board, US Dollar Unmoved

The US dollar is little changed after the release of the latest Uni of Michigan Consumer Sentiment report showed consumer sentiment picking up sharply.

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GBP/USD Gains On US Inflation, Surprise Sign of UK Growth

The Pound got some rare support from its domestic economy, but US Inflation is doing the heavy lifting here

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U.S Banks BAC, WFC and JPM Launch Earnings Season

Q4 earnings commenced with Bank of America (BAC), JP Morgan (JPM) and Wells Fargo (WFC) all showing similar trends across financial metrics.

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Gold Outlook: XAU/USD Soars but Overbought Signals Flash Red

Gold has enjoyed a prolonged bullish run with little indication of a deep pullback until now. The yellow metal faces the next zone of resistance above 1900

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