US Dollar (USD)

Another day, another record, it seems, for gold as prices reached another milestone after gold surpasses $2500. It has been a year to remember, as bullion has jumped over 20% in 2024 so far. Analysts are expecting more to come as the…
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After a very busy week of economic data out of the UK, the conclusion seems to be that the Pound Sterling price is due for some weakness, Particularly against the dollar in the lead-up to the Jackson Hole Symposium. Though the immediate…
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XAUUSD bounces back Gold moved higher after a brief sell-off with a firm rejection towards the previous record high. A combination of a break above the daily resistance of 2450 indicates that sentiment has turned around following a dip…
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EURUSD maintains the high ground The US dollar stays under pressure as this week’s market collapse remains in focus. The euro has moved over 200 pips as the sell-off in global markets hit assets across the board. The pair has reached a…
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FTSE 100 index (UK 100) global indices collapse Global equities saw a continued sell-off as tech stocks crashed. The FTSE 100 index fell back after the sell-off saw a break at the 8300 level. Combining short-covering and buying the dips…
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GBPCAD pair stuck sideways The GBPCAD pair looks for direction after a continuous consolidation leaves support at 1.7700. A close above the high of 1.7850 will attract momentum buyers, sending the pair towards a multi-year high of…
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The "Trump Trade", "Blue Trade" and … Gold rate? There have been some major shake ups in the US election over the last couple of weeks, and they haven't gone unnoticed by the markets. The major news events are seen having an effect on…
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The next couple of days sees the release of two data points that are likely the most important for the week as the markets try to figure out where monetary policy is headed. US GDP figures as well as the Fed's preferred measure of inflation…
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Dow index (US 30) falls from grace Dow index eased its downward trajectory after the recent sell-off. After a brief dip, a hold above the psychological level 40000 has helped bulls regain control of the short-term direction. The record…
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