GBP/USD News and AnalysisBank of England’s Mann concerned by optimistic rate cut estimatesPost-FOMC rebound on the cards for GBP/USD?IG client sentiment mixed despite majority net-long positioningBank of England’s Mann Concerned by Optimistic Rate Cut EstimatesOne of the staunch ‘hawks’ within the Bank of England’s Monetary Policy Committee (MPC) is Catherine Mann and she has recently
Weekly Columns & Special Reports
Japanese Yen (USD/JPY, EUR/JPY) AnalysisUSD/JPY surrenders prior gains ahead of the weekendEUR/JPY finds support ahead of ECB meeting next weekThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library USD/JPY Surrenders Prior Gains Ahead of the WeekendUSD/JPY is back above the
AUD Inflation, RBNZ News and AnalysisAustralian inflation appears sticky, RBNZ signals potential peak in ratesAussie (AUD/USD) pullback gains momentum ahead of crucial US dataKiwi dollar (NZD/USD) erases hard fought gains on dovish repricingThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education
Gold (XAU/USD) Analysis and ChartGold continues its technical correction.Trading activity will pick up later in the week.Most Read: Gold Picking Up a Small Bid as Oversold Conditions Begin to ClearUS equity and bond markets are closed for the day – US Presidents’ Day holiday – and this will weigh on market activity across a range
CRUDE OIL PRICE OUTLOOKCrude oil prices (WTI) plunge into freefall, breaking below the psychological $70.00 levelThe technical outlook remains bearish for nowThis article looks at key oil’s key price thresholds to watch in the coming days Most Read: US Dollar Price Action Setups – USD/CAD Tepid After BoC Decision, USD/JPY WaversCrude oil prices, as measured
NASDAQ 100, GOLD PRICES (XAU/USD) FORECAST:The Nasdaq 100 rose modestly on Tuesday, supported by falling U.S. Treasury yieldsDespite the pullback in rates, gold prices trended slightly lower during the trading sessionAttention will be on the U.S. nonfarm payrolls later in the week Most Read: US Dollar Setups – USD/JPY Gains as GBP/USD Trends Lower, AUD/USD
GOLD PRICE (XAU/USD), AUD/USD FORECAST:Gold prices climb and challenge technical resistance on the back of falling U.S. yields and U.S. dollar softnessAUD/USD also pushes higher, breaking above its 200-day simple moving averageThis article looks at key technical levels to watch on XAU/USD and AUD/USD this weekMost Read: US Dollar Forecast – PCE, Powell to Set