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Market Analysis

  • March 26, 2024

Pound Sterling Latest: GBP/USD Attempts Come Back Post-FOMC Sell-off

Cable attempts to claw back losses that ensued after the Fed meeting. Catherine Mann, a more hawkish member of the MPC, detailed why she no longer voted to hike

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  • March 26, 2024

Bitcoin (BTC) Eyes New All-Time High, Ethereum (ETH) Trails, Coinbase (COIN) Rallies

Bitcoin is back above $70k after rallying sharply over the last three sessions. A fresh attempt at a new ATH is likely ahead of April’s halving event.

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  • March 25, 2024

Gold Price Steadies After Sharp Sell-Off, New All Time High Remains Possible

The price of gold has pushed higher today after last Thursday’s sharp sell-off. Sentiment remains positive and a new ATH is not too far away.

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  • March 25, 2024

British Pound Inches Back Up As Markets Increasingly Bet On June Fed Cuts

GBP/USD has been mostly about the Dollar on Monday, although some modest good news out of the UK is likely still helping.

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  • March 25, 2024

Yen Update: USD/JPY Dips after BoJ Minutes, Concern over Volatile Moves

The minutes from Tuesday’s BoJ meeting confirmed that the inflation target has not been achieved and that hikes will be measured. FX official unimpressed by volatile yen

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  • March 24, 2024

Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances

It was a busy week for major central bankers with two major banks altering interest rates. Gold issues a bearish warning, sterling appears deflated and USD reclaims losses

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  • March 23, 2024

US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups

This article analyzes the outlook for the U.S. dollar, focusing on three of the most traded currency pairs: EUR/USD, USD/JPY and GBP/USD. Key tech levels worth keeping an eye on in the coming days are discussed in depth.

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  • March 22, 2024

Oil Update: Russia-Ukraine War Targets Energy Infrastructure

US president Joe Biden has urged Ukraine not to target Russia’s oil infrastructure as it risks sending prices higher. Brent prices appear largely unshaken

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  • March 22, 2024

US Dollar Index Pushes Higher, Sterling Continues to Weaken After BoE Dovish Shift

The US dollar is pushing higher, helped by Euro and Sterling weakness after Thursday’s BoE rate meeting. Short-dated US Treasury yields though remain anchored.

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  • March 21, 2024

US Dollar Outlook & Market Sentiment: USD/JPY, USD/CAD, USD/CHF

This article delves into retail sentiment on the U.S. dollar across three key FX pairs: USD/JPY, USD/CAD and USD/CHF, exploring current market positioning and potential scenarios based on contrarian signals.

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