Markets Weekly Outlook – US CPI to Test Markets Following Tumultuous Week

Posted by Zain Aug 9, 2024 Share 0

US equities rebounded from a selloff earlier in the week, ending slightly higher. However, cauti...

USD/CAD Consolidates at Support Ahead of Canadian Employment Data

Posted by Zain Aug 8, 2024 Share 0

USD/CAD found support ahead of Canadian employment data release. Positive US jobless claims d...

Nikkei 225: Potential bullish key reversal week after 4 weeks of decline

Posted by Kelvin Aug 8, 2024 Share 0

Monday, 5 August significant sell-off in the Nikkei 225 has triggered a potential bullish key re...

Japanese Yen (JPY) Price Action: Following Dovish BoJ Comments, What Does Price Action Tell Us?

Posted by Zain Aug 8, 2024 Share 0

The Bank of Japan (BoJ) released their summary of opinions, accompanied by bearish c...

S&P 500, Nasdaq 100 Technical Outlook: Significant Hurdles Ahead, Will the Rally Continue?

Posted by Zain Aug 7, 2024 Share 0

Pullbacks of 5% or more in the S&P 500 are relatively common, having occurred on average three t...

Oil Prices Near Recent Lows: Demand Concerns Keep Bulls at Bay

Posted by Zain Aug 7, 2024 Share 0

Oil prices remain subdued due to recession fears and demand concerns. US stockpiles unexpecte...

USD/CAD Targets 1.3740 Support as Canada’s Trade Balance Surges

Posted by Zain Aug 6, 2024 Share 0

The USD/CAD pair is declining due to the anticipation of aggressive rate cuts by the US Federal ...

Gold (XAU/USD) Steadies After Volatile Monday; DXY Bounces Back

Posted by Zain Aug 6, 2024 Share 0

Gold prices rebounded above $2,400/oz after a dip to $2,364/oz, showing resilience despite a str...

AUD/USD Technical: Dropped towards 0.6360 key range support ahead of RBA

Posted by Kelvin Aug 5, 2024 Share 0

AUD/USD has been the worst performer among the major currencies in the past 4 weeks due to a dou...

Global Stock Rout as Nasdaq 100 Futures Falls 6%, Safe Havens Bid

Posted by Zain Aug 5, 2024 Share 0

Global markets extend losses, Nikkei plummets, Nasdaq 100 enters correction territory. Sellof...

Markets Weekly Outlook – Rising US Job Fears, Geopolitics in the Spotlight

Posted by Zain Aug 2, 2024 Share 0

US jobs data underwhelmed, triggering the SAHM rule, signaling a likely recession. The Magnif...

EUR/CHF: Medium-term global risk-off kickstarts (Part 2)

Posted by Kelvin Aug 2, 2024 Share 0

Further weakness in the US ISM Manufacturing PMI & Employment sub-component increases the risk o...

USD/CAD Price Forecast: USD Bulls Eye Breakout as DXY Shakes Off Post FOMC Haze

Posted by Zain Aug 1, 2024 Share 0

The Federal Reserve left interest rates unchanged, but the statement acknowledges a moderating j...

Gold, Crude Oil Prices Soar on Rising Middle East Tensions, FOMC Next

Posted by Zain Jul 31, 2024 Share 0

Gold and oil prices have surged due to rising tensions in the Middle East. Gold with a trendl...

USD/JPY Technical: JPY strength halted right at the 151.70 support as BoJ hiked interest rate. What’s next for the JPY?

Posted by Kelvin Jul 31, 2024 Share 0

BoJ hiked its overnight interest rate to 0.25% and announced its “Quantitative Tightening” p...

S&P 500, Nasdaq 100 Slide Ahead of Microsoft (MSFT.O) Earnings

Posted by Zain Jul 30, 2024 Share 0

The S&P 500 and Nasdaq 100 continue their slide following underwhelming earnings reports and poo...

WTI Oil: At the risk of a further drop to retest major range support of US$73.15-71.35/barrel

Posted by Kelvin Jul 30, 2024 Share 0

Citigroup Economic Surprise Indices across the different regions (except for Latin America) on a...

GBP/USD Stalls as Bulls and Bears Clash Ahead of Central Bank Meetings

Posted by Zain Jul 30, 2024 Share 0

The GBP/USD pair is currently experiencing a standoff between bulls and bears, with the pair cli...

Market Insights Podcast – Big week ahead with FOMC, BOJ and NFP on the radar

Posted by Kelvin Jul 30, 2024 Share 0

OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss this week's key economic data an...

Trump Courts Crypto Fans Amid Bitcoin’s Battle to Break $70k Barrier

Posted by Zain Jul 29, 2024 Share 0

Bitcoin's price approached the $70,000 psychological mark but faced rejection. Open interest ...