GBP/USD Slips Back as Weak Eurozone Data Favor Haven Greenback

GBP/USD hasn’t derived much support from this week’s big interest rate rise from the Bank of England

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Oil Price Forecast: WTI and Brent Rally Fails at the First Hurdle Further Downside Ahead?

Oil prices face renewed selling pressure as a combination of hawkish Central Banks and rising recessionary fears weigh on prices. Is a retest of the YTD low on the cards?

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FTSE 100 back in negative territory DAX and S&P 500 come off highs

​​Outlook on FTSE 100, DAX 40 and S&P 500 as further rate hikes lie in store.

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Euro Breaking News: Frightful German & EZ PMIs Exacerbate Risk Off Move on EUR/USD

The euro is on offer this morning as German and EZ PMI’s miss forecasts while risk aversion augments the downside move.

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Asia Day Ahead: US Megacap Tech Shined; Series of PMI Readings to End the Week

Fed Chair Jerome Powell reiterated his hawkish tone but Wall Street seems to be taking it in stride this time, with the S&P 500 and Nasdaq overturning their three-day losing streak.

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Gold Prices Still Struggling BoE Shows Global Rates Have Further to Rise

Gold remains mired despite some less hawkish than expected testimony from the Fed’s Powell

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British Pound (GBP) Volatile as Bank of England Hikes by 50 Basis Points

The Bank of England (BoE) hiked rates by 50 basis points today, by a majority of 7-2, as the central bank reiterates its commitment to driving down inflation

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Turkey Central Bank Meeting Preview: Erdogan and the Turkish Lira Eye Redemption from Policy Pivot

President Erdogan seems to have come to terms with the idea of policy normalization. Can USD/TRY fall back toward the 20.0000 handle on potential hawkish forward guidance?

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Dow Nasdaq 100 and Nikkei come under pressure following hawkish Powell testimony

​​Indices have seen further selling this morning, as concerns about hawkish central bank policy drive risk-off sentiment.​

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AUD/USD Price Forecast: US Influences Shaping Aussie

AUD/USD looks to Fed Chair Jerome Powell for direction today with no Australian data scheduled.

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Canadian Dollar Outlook: USD/CAD in Freefall after Double Top Confirmation Signal

USD/CAD extends its recent sell-off and challenges trendline support near 1.3150 after validating a bearish double-top pattern late last week.

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Bitcoin (BTC/USD) Posts a Six-Week High on Positive News Flow

The price of the largest cryptocurrency hit a fresh six-week high today, buoyed by news that BlackRock, the world’s largest asset manager, has filed for a spot BTC ETF

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Euro Cautiously Higher As Mr Powell Heads to Capitol Hill

Markets often trade nervily when they’re about to hear from the Fed Chair, Wednesday is no exception

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Chinese Yuan Price Outlook: PBoC Cuts Rates Leaving Yuan Vulnerable

The Chinese yuan has depreciated against the dollar and pound sterling as accommodative monetary policy is favoured to reignite the economic recovery

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Indices stay under pressure as UK inflation remains sticky

​​Outlook on FTSE 100, DAX 40 and S&P 500 as UK inflation comes in higher-than-expected.

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XAU/USD Price Forecast: Gold Looks to Powell

Gold prices may be in for a wake up call after weeks of minimal price action as markets gear up for Fed Chair Jerome Powell’s Testimony.

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Gold Prices Slump on US Data ahead of Powells Testimony Key Support in Peril

Gold prices drop on Tuesday amid U.S. dollar strength following solid U.S. economic data ahead of Powell’s testimony before Congress later in the week.

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Japanese Yen Latest: USD/JPY GBP/JPY and EUR/JPY Outlooks

In an relatively lackluster FX market, the Japanese’s Yen volatility is something of a rarity and is at least giving traders something to work with.

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EUR/USD Price Forecast: EUR/USD Grinds in Tight Range as Breakout Beckons

EUR/USD struggles for direction as the tug of war between the Euro and the US Dollar continues. Price action suggests a breakout could be imminent.

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US Crude Up After China Rate Cut But Has The PBOC Done Enough?

Oil prices have seen some gains after the Chinese central bank trimmed lending rates, but energy demand worries will remain

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