GBP/USD Price Forecast: Pound Resilient Ahead of Fed
GBP/USD is relatively muted against its more macro influenced counterparts this week as the pair prepares for the Fed tomorrow. Pound continues to hover around 1.25. Read More
Euro Area Core Inflation Retreats as YoY Print Accelerates, EUR/USD Lower
Euro Area annual inflation rate ticked higher April missing estimates by 0.1% as the Core print ticked lower. Following the data and the ECB Bank Lending Survey, is a 25bps hike from the ECB now a certainty on Thursday? Read More
Gold Price Forecast: Bullish Momentum Wilts After Fake Breakout. Now What?
Gold prices lose upward momentum after failing to break above the psychological $2,000 level decisively but maintain a bullish technical outlook. Read More
Fed Preview: US Dollar and S&P 500 Could Take Diverging Paths After FOMC Decision
The Fed will announce its policy decision on Wednesday. Markets expect the FOMC to raise rates by 25 bp to 4.75%-5.50%, though a pause in the hiking cycle should not be entirely ruled out. Read More
Dow Jones, S&P 500 Gain as Bank Sector Volatility Cools Ahead of the Fed
The Dow Jones and S&P 500 gained as bank sector volatility cooled, causing traders to firm Fed rate hike bets for Wednesday. The Nasdaq/Dow ratio plunged the most since SVB’s collapse. Read More
Gold Price Gallops North on Weaker US Dollar Ahead of Fed. Where to for XAU/USD?
The gold price stormed higher yesterday as the Credit Suisse debacle continues to play out while the US Dollar seems susceptible ahead of the Fed decision. Will a hike turn XAU/USD around? Read More
Crude Oil Crumbles as Markets Assess Banks Ahead of Fed. Will WTI Go Lower?
The crude oil price slid lower again today as markets digest the measures being taken by regulators to tackle the evolving banking crisis. If the Fed hikes on Wednesday, where will WTI go? Read More
iS Prime Ends FY22 with £16.2M Pre-Tax Profits
<p>iS Prime, the UK-based subsidiary of iSAM Securities, closed the financial year 2022, which ended on 30 June, with revenue of £35 million and a pretax profit of £16.2 million. </p><p> iS Prime Reports Strong Revenue and Profits </p><p> The latest revenue could not be directly compared with the figures of the last fiscal year as the company previously reported […]
Cboe BIDS Australia Will Launch Services on 27 March
<p>Cboe Australia has confirmed that operations under Cboe BIDS Australia (BIDS) will go live on 27 March 2023 after meeting final regulatory as well as other requirements. </p><p> Two-Phase Launch of Cboe BIDS Australia </p><p> In Australia, BIDS will launch in two phases. Initially, limited access to BIDS will be provided to Cboe Australia market participants. Cboe Australia did not […]
AUD/USD Drops as RBA Minutes Reveal Likelihood of an April Pause
The Reserve Bank of Australia’s minutes of the March meeting revealed discussions on a pause in interest rates to be discussed in April. AUD/USD trades lower Read More