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US Dollar Pauses as Cross Market Volatility Rolls Over. Will Markets be Data Dependent?
US Dollar Pauses as Cross Market Volatility Rolls Over. Will Markets be Data Dependent?
2023-06-06 03:30:00
The US Dollar recalibrated after data disappointed and may give the Federal Reserve room to skip a hike at their next gathering. Volatility has eased across markets. Will they spike again?
Asia Day Ahead: Wall Street on a breather as Apple failed to commit to all-time high
Asia Day Ahead: Wall Street on a breather as Apple failed to commit to all-time high
2023-06-06 02:00:00
A mixed showing in Wall Street eventually saw the Nasdaq pare its initial gains by the close, partly as optimism around Apple’s share price fizzled.
Canadian Dollar to Look Past Saudi Arabia Oil Cuts as WTI Fills a 4% Gap Within a Day
Canadian Dollar to Look Past Saudi Arabia Oil Cuts as WTI Fills a 4% Gap Within a Day
2023-06-05 23:00:00
The Canadian Dollar brushed aside crude oil production cuts from Saudi Arabia as OPEC+ members struggled to reach a broader agreement, causing WTI to fill a 4% gap within 24 hours.
S&P 500 at 9-Months Highs as Bulls Assert Dominance but Downside Risks Build
2023-06-05 18:15:00
S&P 500 rises at the start of the week, reaching its best levels since August 2022, but caution is warranted with prices approaching a major Fibonacci resistance area and the market getting stretched.
Crude Oil Price Update: Saudi’s Insist on Production Cuts at Extended OPEC Meeting
2023-06-05 16:00:42
OPEC’s meeting on Sunday was met with resistance by the Saudi’s, lobbying for more production cuts to resuscitate oil prices. Saudi Arabia to remove 1 million bpd
US Dollar Falls as Weak Services PMI Data Boosts Case for Fed Pause
2023-06-05 14:35:00
The U.S. dollar takes a turn to the downside and erases session gains as weak services PMI data strengthens the case for a Fed pause
Canadian Dollar to Look Past Saudi Arabia Oil Cuts as WTI Fills a 4% Gap Within a Day
Canadian Dollar to Look Past Saudi Arabia Oil Cuts as WTI Fills a 4% Gap Within a Day
2023-06-05 23:00:00
The Canadian Dollar brushed aside crude oil production cuts from Saudi Arabia as OPEC+ members struggled to reach a broader agreement, causing WTI to fill a 4% gap within 24 hours.
US Dollar Falls as Weak Services PMI Data Boosts Case for Fed Pause
US Dollar Falls as Weak Services PMI Data Boosts Case for Fed Pause
2023-06-05 14:35:00
The U.S. dollar takes a turn to the downside and erases session gains as weak services PMI data strengthens the case for a Fed pause
USD/ZAR: Price Forecast: Rand Funded by Loadshedding Reprieve
USD/ZAR: Price Forecast: Rand Funded by Loadshedding Reprieve
2023-06-05 13:25:24
USD/ZAR up almost 0.90% ahead of the US trading session now hovering around a key area of confluence as the rand looks to restore some credibility.
EUR/USD, GBP/USD Struggle to Grind Higher as Dollar Holds Firm
2023-06-05 12:00:40
The EURO and GBP struggled at the back end of last week against the Greenback with both currencies eyeing a recovery. Is the Dollar finally ready to cede the high ground paving the way for a recovery?
USD/CAD Price Forecast: Loonie to Exploit Death Cross Formation?
2023-06-05 07:55:51
CAD is poised for further upside ahead of the upcoming Bank of Canada rate decision.
Australian Dollar Ahead Of RBA: AUD/USD, AUD/NZD, EUR/AUD Price Setups
2023-06-05 06:30:00
The Australian dollar has recouped some losses against some of its peers as the Reserve Bank of Australia interest rate pause doubts grow following the hike in the minimum wage. What is the outlook for AUD/USD, AUD/NZD, and EUR/AUD?
Crude Oil Price Update: Saudi’s Insist on Production Cuts at Extended OPEC Meeting
Crude Oil Price Update: Saudi’s Insist on Production Cuts at Extended OPEC Meeting
2023-06-05 16:00:42
OPEC’s meeting on Sunday was met with resistance by the Saudi’s, lobbying for more production cuts to resuscitate oil prices. Saudi Arabia to remove 1 million bpd
Gold (XAU/USD) Looking to Test a Multi-Week Low as The US Dollar Picks Up a Bid
Gold (XAU/USD) Looking to Test a Multi-Week Low as The US Dollar Picks Up a Bid
2023-06-05 10:30:11
Gold continues to probe a 10-week low despite growing expectations that the Fed will hit the pause button next week.
Crude Oil Price Jumps Again after OPEC+ Announced Production Cuts. Higher WTI?
Crude Oil Price Jumps Again after OPEC+ Announced Production Cuts. Higher WTI?
2023-06-05 02:00:00
Crude oil prices made solid gains to start the week on the back of OPEC+ reduced output targets with Saudi Arabia making the largest sacrifice in an effort to boost prices.
OPEC+ Preview: Crude Oil Prices Linger Ahead of Production Guidance
2023-06-04 04:59:05
Brent crude oil prices look for directional bias from the upcoming OPEC+ meeting with the cartel grappling with many moving parts.
Gold Price Forecast: Dreams of Fresh Record Shattered for Now as Bears Pounce
2023-06-03 20:00:00
The outlook for gold is starting to become more bearish from a fundamental standpoint, as the resilience of the U.S. economy could induce the Federal Reserve to continue raising rates later this year.
Gold Price Recovery Runs Out of Steam as Red-Hot US Jobs Data Boosts Yields
2023-06-02 15:00:00
Gold prices fell on Friday, weighed by rising U.S. Treasury yields as strong U.S. labor market data bolstered the case for higher-for-longer interest rates.
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