Broker News

US Dollar Rallies to Resistance After CPI, PPI and ECB Rate Cut

US Dollar Talking Points: Inflation is starting to look as though it’s bottomed in the U.S., with ye...

FOREX 1 month ago

Canadian Dollar Forecast: USD/CAD Climbs to Fresh Yearly High

Canada Dollar Outlook: USD/CAD USD/CAD trades to a fresh yearly high (1.4200) as it retraces the dec...

FOREX 1 month ago

Swiss Franc Technical Forecast: USD/CHF Breakout Looms

Swiss Franc Technical Forecast: USD/CHF Weekly Trade Levels USD/CHF poised to snap two-week losing s...

FOREX 1 month ago

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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month ago