Forex Market News
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US Dollar Technical Analysis: USD Looks to Recover Losses

In a week characterised by a distinct lack of high impact data, conditions favour a dollar recovery. Lower anticipated volatility typically seeks higher yielding currencies (USD)

Fri May 17, 2024 13:09
EUR/USD Fails to Sustain Bullish Momentum, GBP/USD Pauses After Breakout

In this article, we conduct a thorough analysis of EUR/USD and GBP/USD from a technical standpoint, meticulously studying how price action dynamics and prevailing market sentiment currently intertwine. Key tech levels are also discussed.

Thu May 16, 2024 19:08
Dow and Nasdaq 100 at new Highs, and Nikkei 225 Makes Gains

Yesterday’s softer US CPI helped markets to rally, with the Dow and Nasdaq 100 at new highs and the Nikkei 225 also risng

Thu May 16, 2024 15:35
Japanese Yen Rises On Inflation-Focused Dollar Despite Feeble Japanese GDP Print

USD/JPY remains under pressure from this week’s US inflation figures despite worrying weakness in Japanese growth

Thu May 16, 2024 14:04
Gold Price Outlook: XAU/USD Prices Rise on Renewed Rate Cut Hopes

The Fed may be breathing a little easier after yesterday’s moderately cooler inflation print which has brought two Fed rate cuts back on table, buoying gold

Thu May 16, 2024 12:05
EUR/USD Breaks Out, USD/JPY in Tailspin After Benign US Inflation Report

This article explores the outlook for the U.S. dollar following April’s U.S. inflation report, focusing primarily on two FX pairs: EUR/USD and USD/JPY. Key tech levels to watch in the near term are also discussed.

Wed May 15, 2024 19:32

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