Forex
US Dollar in the green for a second day in CPI aftermath
The US Dollar (USD) is trading broadly in the green on Tuesday, after the release of the monthly US Consumer Price Index (CPI)...
S&P, NASDAQ spike to new highs: A technical market update
The broader US stock indices are moving to new session highs with the S&P trading up 1%. The NASDAQ and is up 1.25%.Looking...
OPEC sticks to forecast for strong demand growth this year
Oil prices have rebounded from earlier losses and are trading up $0.54 to $78.46. Crude had traded as low as $77.34 in the...
Gold Price Forecast: XAU/USD to trend higher to $2,250 – UBS
Equities are not the only assets hitting all-time highs. Gold has been reaching record levels through the last few days.
US equities soar as the AI trade resumes
There is no fear of another round of Fed hikes in the stock market.Rather than fretting about higher rates, the market appears to...
Oil flat with markets digesting OPEC report
Oil prices are turning flat after a volatile ride on the release of the monthly OPEC report. Biggest catalyst in the report that pushes...
AUD/USD retreats to 0.6600 on hot US Inflation data
The AUD/USD pair falls to the round-level support of 0.6600 as the hotter-than-expectations United States Consumer Price Index (CPI) data for February has...
USDCAD moves higher but runs into moving average resistance targets
The USDCAD extended higher today helped by the US CPI, but the price action reached out for its 100 bar moving average on...
The breadth of US inflation pressure narrowed – RBC
The US inflation report today was hot but the market has struggled to parse it. The core reading rose 0.4% month-over-month compared to...
FOMC to embark on a “typical” rate cutting cycle – ANZ
Economists at ANZ Bank have a summer cut – July – pencilled in for the Federal Reserve.
