Loading...

Fundamental Analysis

Dollar Retreats but Near-Term Prospects Remain Positive
Dollar Retreats but Near-Term Prospects Remain Positive

Today's trading session has been tumultuous, with the greenback experiencing a notable decline that erased gains from the previous week. This drop in the USD can be attributed to a mix of...

Stocks Showing Resilience Ahead of US Inflation Data
Stocks Showing Resilience Ahead of US Inflation Data

Stocks Near HighsDespite the uptick in USD this week, US stocks are holding up surprisingly well. The S&P is sitting just below highs following a fresh rally above the 5,268.67 level this week. A...

Bitcoin Testing Major Support Level
Bitcoin Testing Major Support Level

Bitcoin Sell-Off DeepensFollowing a bumper start to the year, the Bitcoin market has suffered a period of stagnation over recent months with the March highs around the $74,3k mark holding as the...

RBA Rate-Hike Chatter Following Fresh Inflation Jump
RBA Rate-Hike Chatter Following Fresh Inflation Jump

Aussie CPI Jumps AgainAUDUSD is trading higher today on the back of the latest Australian inflation figures released overnight. Aussie CPI was seen unexpectedly jumping to 4% last month, up from 3.6%...

The FTSE Finish Line - June 26 - 2024
The FTSE Finish Line - June 26 - 2024

The FTSE Finish Line - June 26 - 2024UK Retail Sales Data Disappoints, Leading To More Investor CautionFTSE 100 in the UK printed another modest decline on Wednesday. In the year leading up to June,...

US Dollar Surges Amid Hawkish Fed Signals, European Peers’ Weakness Ahead of Weekend France Elections
US Dollar Surges Amid Hawkish Fed Signals, European Peers’ Weakness Ahead of Weekend France Elections

The US Dollar has been exhibiting formidable strength, outpacing other major currencies for the second consecutive day. This bullish momentum is fueled by hawkish commentary from Fed officials,...

Gold Lower As Key Inflation Reading Looms
Gold Lower As Key Inflation Reading Looms

Gold Under OfferGold prices are looking a little softer through the middle of the week with gold futures turning lower from last week’s highs. The safe-haven metal has been range-bound over recent...

Dovish ECB Comments Hit EURUSD
Dovish ECB Comments Hit EURUSD

Rehn Backs Rate Cut ExpectationsEURUSD is looking weaker today on the back of comments from ECB’s Rehn this morning. The ECB policymaker said that market expectations for two further rate cuts this...

Big USDJPY Volatility Risks Seen
Big USDJPY Volatility Risks Seen

Intervention Risks GrowingThe threat of fresh FX intervention from Japanese authorities is growing stronger this week. USDJPY has traded back up to just shy of the level that sparked intervention back...