FTSE 100, Dax 40 and S&P 500 Lose Upside Momentum
Outlook on FTSE 100, DAX 40 and S&P 500 amid $5 trillion triple witching
Cable on Track for Remarkable Recovery after Hawkish BoE Messaging
Markets expect fewer interest rate cuts for the UK in 2024 than in the US. This, along with a hawkish BoE statement has helped buoy sterling into the end of the week
Gold Price Forecast: Fed Pivot Opens Pathway for New Fresh Record, XAU/USD Levels
Gold prices push higher and defy key technical resistance, driven by falling yields and a weaker U.S. dollar following the Fed’s dovish pivot at its December policy meeting.
US Dollar Demolished by Fed’s Dovish Pivot, Tech Setups on EUR/USD and USD/JPY
This article focuses on the technical outlook for EUR/USD and USD/JPY, examining critical price levels that can act as support or resistance following the recent increase in volatility.
AUD Propped Up by Australian Robust Jobs Report & FOMC
AUD prices have remained buoyant as markets extend the FOMC hangover effect with Australian jobs data supplementing upside support.
ECB Keep Rates Steady with Tentative Inflation Downgrades, EUR/USD Rises
The ECB kept rates steady today while dipping their toes in the dovish pond. The initial statement providing tentative hints but largely sticking to the ongoing rhetoric.
FOMC Roundup: Dovish Fed Signals End to Hiking Cycle, Improves Risk Appetite
The Fed has acknowledged recent inflation progress, opening the door for markets to price in even more aggressive rate cuts for 2024. How are major markets evolving?
Dow, Nasdaq 100 and CAC40 all make Strong Gains
The dovish tone of last night’s Fed meeting has lit a fire under indices, driving the Dow above 37,000 to a new record high and pushing the Nasdaq 100 and CAC40 higher too.
Hawkish BoE Leaves Rates Unchanged – GBP/USD Breaks Above 1.2700
The Bank of England (BoE) left interest rates unchanged today as Governor Bailey reiterated the central bank’s view that inflation remains too high.
ZAR Price Update: Rand Rallies on Dovish Fed
Rand prices have stalled post-FOMC as it awaits additional economic data later today. USD/ZAR bears now look to take out the 200-day MA and head towards R18.50/$.