Stocks turn lower; Inflation fears push up yields
US stocks ticked lower and Treasuries fell amid persisting worries about inflation and measures by central banks to contain it.
June commodity outlook – hot to trot, or not?
Commodity prices will face declining global liquidity and shrinking economic growth, with risk of a price drop similar to 2008.
Australian Dollar Technical Outlook: AUD/USD Threatens Breakout at Yearly Open
Aussie surged 6.6% off the May low with the rally stalling at yearly open resistance. Monthly range breakout imminent. Levels that matter on the AUD/USD technical charts.
Reducing time to market
Baader Bank’s buy-side trading desk needed to trade more efficiently minimize exposure to market volatility.
GBP/USD Technical Analysis: Another Leg Higher Looking Likely
GBP/USD is holding its ground after a sharp rise off the low; general risk appetite supportive for a further rally.
Oil Prices Advance on Low Oil Inventories Expectation
SINGAPORE, June 8 Reuters Oil prices drifted higher on Wednesday, anticipating a report of low U.S. oil stocks, while expectations of solid demand in the upcoming driving season also lent support. Brent crude futures for August were up 40 cents, or 0.3, at 120.97 a barrel at 0649 GMT after closing on Tuesday at the […]
NZD/USD IG Client Sentiment: Our data shows traders are now net-short NZD/USD for the first time since Apr 15, 2022 when NZD/USD traded near 0.68.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger NZD/USD-bullish contrarian trading bias.
US Dollar Firms as Favourite Against a Wilting Yen. Where To for USD/JPY?
The US Dollar is higher across the board today as Treasury yields tick up and the Japanese Yen comes under further pressure. How high can USD/JPY go?
Euro Forecast: Will EUR/USD, EUR/JPY Reverse Lower as Retail Traders Go Long?
The Euro could be vulnerable to selling pressure as retail traders increase their long exposure in EUR/USD and EUR/JPY. How will this align with the fundamentals and technical?
Australian Dollar Post-RBA Boost May Continue as Uranium Prices Surge
The Australian Dollar may continue to rise following its post-RBA surge as uranium prices rise on signals of a further tightening in the ore’s market.