AUDUSD printed a fresh 6-week low and is on course for its third successive day of losses. Can the 200-day MA provide support? Read More

Cable (GBP/USD) is under pressure again, and nearing a break below 1.1900, as US Treasury yields soar to multi-month highs, boosting an already robust US dollar. Read More

The euro, like many other USD crosses, has witnessed a crucial break of support as a wave of hawkish USD repricing takes hold after Fed talk of 50 basis points in March Read More

Gold prices extended losses during Friday’s Asia-Pacific trading session. Hawkish Fedspeak further pushed up bond yields, denting XAU/USD as it broke key technical levels. Read More

The second global economic downturn in a decade could be the dark legacy of 2023. What can we learn about what’s to come from past recessions? Read More

Risk assets were under pressure through the close of the New York session, but critical technical were still in place for benchmarks like the S&P 500. Could the market overcome a quiet Friday to produce an unusual week-ending break? If so, the Dollar is ready to leverage its safe haven status against EURUSD, GBPUSD and AUDUSD. Read More

The US Dollar regained the ascendency after Federal Reserve speakers Mester and Bullard cited potential 50 basis points hikes in the pipeline. Will the DXY index keep going north? Read More

In indecisive markets – which we are currently facing – markets tend to better abide high profile technical boundaries. With USDCAD, there is a well established range from the past month and even larger levels just beyond that congestion. This may suit our conditions well. Read More

The S&P 500 has lacked strong directional conviction in recent days after the powerful rally earlier in the year, but the balance of risks appears to be tipping to the downside. Read More

Expectations that the Fed’s terminal rate will settle higher than initially thought are likely keep yields and the dollar biased to the upside, creating a negative environment for gold prices Read More