Broker News

Market round-up: ECB cuts rates, NAS100 hits all-time high

ECB cuts rates for 4th time in 2024 EURUSD ↓ 1.050 psychological level Bloomberg FX model: EURUSD ha...

FXTM 10 months ago

S&P 500 forecast: US tech stocks maintain strong performance ahead of central bank meetings

Investor’s risk appetite continues to remain insatiable even as valuations continue to rise, now at ...

FOREX 10 months ago

Crude Oil, Gold Forecast: China and Geopolitics Revive Oil and Gold Trends

Key Events: Crude Oil regains momentum above the $70 barrier Gold surges towards November highs, tou...

FOREX 10 months ago

EUR/USD, GBP/USD Forecast: Two trades to watch

EUR/USD looks to the ECB rate decision ECB is likely to cut rates by 25 bps The focus will be on rhe...

FOREX 10 months ago

Why I don’t trust this bounce on AUD/JPY (as tempting as it looks)

I outlined a bearish case for AUD/JPY on the 27th November, suggesting prices could at least be head...

FOREX 10 months ago

AUD/USD: Sudden unemployment slide casts doubt on need for RBA rate cuts

Australian unemployment declines to 3.9% Cyclical areas of labour market hint unemployment has peake...

FOREX 10 months ago

AUD/USD support dependent on USD/CNH resistance, ASX set to bounce?

US inflation data came in as expected, with core CPI rising 2.7% y/y and 0.3% m/m. This is not likel...

FOREX 10 months ago

Gold, Silver, Bitcoin: Momentum builds as bulls eye breakouts

Gold hovers near $2720 resistance after breaking above its 50DMA Silver extends rally, targeting $33...

FOREX 10 months ago

Australian Dollar Forecast: AUD/USD Falls to Fresh Yearly Low

Australian Dollar Outlook: AUD/USD AUD/USD clears the August low (0.6349) to register a fresh yearly...

FOREX 10 months ago

Canadian Dollar: CAD Rate Cut Rally, but Trump Tariff Threat Looms

Canadian Dollar Talking Points: The Bank of Canada sounded like they were finished with 50 bp rate c...

FOREX 10 months ago

GBP/USD Outlook Hinges on Break of December Opening Range

British Pound Outlook: GBP/USD GBP/USD trades within the opening range for December as it gives back...

FOREX 10 months ago

BOC Recap: USD/CAD Drops as Macklem Hints at Gradual Cuts in 2025

BOC Meeting and USD/CAD Key Takeaways The Bank of Canada cut interest rates by 50bps to 3.25%, as ex...

FOREX 10 months ago

Gold Price Forecast: Gold Breakout Takes Out 2700 - 2721 Next Res

Gold Talking Points: Gold had previously built-in a consistent range. This followed the election sel...

FOREX 10 months ago

EUR/USD outlook: ECB set to deliver 25 basis point cut

EUR/USD was down on the day at the time of writing, slipping below the key 1.05 level as earlier gai...

FOREX 10 months ago

US Dollar Technical Forecast: USD Bulls Poised for Key Fed Decision

US Dollar Index Technical Forecast: USD Weekly Trade Levels (DXY) US Dollar rebounds off trend suppo...

FOREX 10 months ago

GBP/USD forecast: US CPI in focus as cable hits resistance

The GBP/USD has started to ease back as the dollar continues to make gains against other major curre...

FOREX 10 months ago

S&P500 Forecast: SPX rises after inflation data

US futures Dow future 0.19% at 44,342 S&P futures 0.40% at 6061 Nasdaq futures 0.64% at 21508 In...

FOREX 10 months ago

EURUSD, DXY Forecast: US CPI and 2025 Trends

Key Events: US Dollar Index (DXY): Holding above key support; potential for a 2025 rally remains EUR...

FOREX 10 months ago

USD/JPY, Oil Forecast: Two trades to watch

USD/JPY tests the 200 SMA ahead of US CPI US CPI is expected to rise 2.7% YoY Japanese wholesale inf...

FOREX 10 months ago

USD/CHF, EUR/CHF: A SNB Schlegel surprise set to rattle Swiss franc

Market split on 25 or 50bps SNB rate cut SNB Schlegel’s debut to set the tone for Swiss monetary pol...

FOREX 10 months ago

Gold Update: China's Stimulus Limits Bearish Action

Gold prices have risen by 6% since November and continue oscillating within an upward trend. China h...

FOREX 10 months ago

USD/JPY: Testing 200DMA as traders ready for inflation fireworks

USD/JPY hovers at the 200DMA after a bullish breakout US inflation to guide yields and FX moves Stro...

FOREX 10 months ago

AUD/USD clings to key trendline heading into US inflation

Fed to pause in Jan? 90% of economists are backing a 25bp Fed cut next week and for them to pause in...

FOREX 10 months ago

Canadian Dollar Short-term Outlook: USD/CAD Bulls Brace for BoC

Canadian Dollar Technical Outlook: USD/CAD Short-term Trade Levels USD/CAD attempting third weekly a...

FOREX 10 months ago

US Dollar Price Action into CPI, FOMC: EUR/USD, USD/JPY, Gold

US Dollar Talking Points: The US Dollar found support at the 105.44 level looked at in last week’s w...

FOREX 10 months ago

DJIA Forecast: The Dow Declines After the NFP

DJIA Forecast: The Dow Declines After the NFP The 44,000-point barrier has been surpassed in the sho...

FOREX 10 months ago

US Dollar Forecast: USD/JPY Rallies Ahead of US CPI Report

US Dollar Outlook: USD/JPY USD/JPY rallies to a fresh monthly high (152.18) ahead of the update to t...

FOREX 10 months ago

Nasdaq 100 Forecast: QQQ is unchanged as investors wait for inflation data

US futures Dow future -0.12% at 44,322 S&P futures 0.1% at 6058 Nasdaq futures 0.14% at 21476 In...

FOREX 10 months ago

US CPI Preview: Could a HOT Inflation Report Revive a Fed Pause?

US CPI KEY TAKEAWAYS: US CPI expectations: 2.6% y/y headline inflation, 3.3% y/y “core” inflation Th...

FOREX 10 months ago

Gold Price Pushes Above December Opening Range

Gold Price Outlook: XAU/USD The price of gold pushes above the opening range for December as it carv...

FOREX 10 months ago