Australian Dollar Looking Vulnerable: AUD/USD, AUD/JPY, AUD/CAD Price Action

The Australian dollar is looking vulnerable to a cross below key support against the US dollar, a break below which could lead to further losses in the near term. What is the outlook for AUD/USD, AUD/JPY, and AUD/CAD?

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US Dollar Rides High as Debt Debate Continues Amid Fitch Re-Rating. Higher DXY?

The US Dollar galloped to a 2-month peak today with Treasury yields continuing their climb as the debt ceiling resolution proves elusive and the Fed joins the fracas. New highs for USD?

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Crude Oil Pings Higher as Specs Told to ‘Watch Out’ by OPEC+. Higher WTI?

Crude oil prices sailed through resistance overnight after comments from the Saudi Arabian Energy Minister and a large drop in US stockpiles. Will WTI continue to rally?

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Gold Price Held Back By Multi-Decade High US Treasury Bill Yields

Gold continues to stall around $1,975/oz. with resistance fueled by US debt ceiling fears and soaring short-term US bill yields.

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​​​FTSE 100, DAX 40 and S&P 500 Drop as no US Debt Ceiling Agreement is Signed​​​

​​Outlook on FTSE 100, DAX 40 and S&P 500 amid ongoing US debt ceiling negotiations.

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Oil Price Update: WTI and Brent Rally Approaches Confluence Area, Where to Next for Oil Prices?

Oil prices have enjoyed a positive rally this week with production fears ramped up as the OPEC+ meeting looms. Are we in for further production cuts from OPEC+?

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Breaking News: Hot UK CPI Augments Pound, GBP/USD Above 1.24

GBP/USD rallied on the back of sticky inflation figures particularly from the core metric pushing cable above the 1.24 support handle.

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New Zealand Dollar Slides as RBNZ Hikes by 25 Basis Points, But Sees Peak in Rates

The New Zealand dollar tumbled after the Reserve Bank of New Zealand (RBNZ) raised its benchmark rate by 25 basis points, in line with expectations, but signalled it may be done with tightening.

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US Dollar Steadies on Firm Treasury Yields Despite Debt Ceiling Risks. Higher USD?

The US Dollar ticked higher with Treasury yields to start this week, but the debt ceiling debacle loiters as a potential catalyst for market action. Will the DXY Index rally continue?

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USD Price Forecast: Debt Ceiling Optimism Supportive of Dollar Index (DXY)

The U.S. dollar remains apprehensive as debt ceiling talks continue ahead of some key US economic data this week. US PMI figures and Fed speak in focus today.

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Crude Oil Bumped Up on Hopes of a Debt Ceiling Deal. Will WTI Break the Range?

The crude oil price steadied again today as the broader macro picture remains somewhat opaque despite reassurance from Biden and McCarthy. Would a resolution boost WTI?

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Australian Dollar Ahead of Retail Sales: AUD/USD, EUR/AUD, GBP/AUD Price Setups

AUD has been mixed against its peers as Australian rate hike expectations scaled back after employment unexpectedly fell in April. The key focus is now on retail sales data due Friday. What is the outlook for AUD/USD, EUR/AUD, GBP/AUD?

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Gold Price Finds Traction as US Dollar Pauses Despite Higher Yields

Gold continues to consolidate today after looking lower last week as the US Dollar ponders direction with the debt ceiling issue yet to be resolved. Would an agreement impact XAU/USD?

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Japanese Yen Weakens as Treasury Yields Rise, USD/JPY Triangle Breakout in Focus

The Japanese Yen weakened alongside Treasury yields on Monday, with USD/JPY once again testing the ceiling of an Ascending Triangle chart pattern. Is a breakout imminent?

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Gold Fades but Upside Still Favored as Debt-Limit Talks Hit Crunch Time

Gold was subdued on Monday, pressured by rising U.S. treasury yields, but prices may rebound in the coming days if U.S. lawmakers fail to reach a deal to raise the debt limit soon.

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Japanese Yen Price Action Setups: EUR/JPY, USD/JPY, GBP/JPY

The Yen faces a tough challenge moving forward following dovish comments by the BoJ Governor on monetary policy. What does price action tell us about JPY pairs?

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GBP/USD Price Forecast: Markets Appear Cautious as 50-Day MA and 1.2400 Support Level Hold Firm

Cable eyeing a short-term bounce toward the psychological 1.2500 level which could cap gains as US debt ceiling negotiations rumble on.

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​​​FTSE 100, DAX 40 and S&P 500 Hope for US Debt Ceiling Agreement​​​

​​Outlook on FTSE 100, DAX 40 and S&P 500 amid ongoing US debt ceiling negotiations.

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AUD/USD Price Forecast: Aussie Slips on Chinese LPR & Risk Sentiment

AUD/USD gets hit by souring risk sentiment as US debt ceiling takes center stage once more. Chinese economic growth adds to downside as commodity prices slide.

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US Dollar Slides on Uncertainties While Japanese Yen Firms Despite Poor Data

The US Dollar drifted lower as debt ceiling concerns and a potentially dovish Federal Reserve undermined. The Japanese Yen managed to rally after poor data. Lower USD/JPY?

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