Market Insights

GOLD PRICE FORECAST: XAU/USD EASES BELOW $1850 AS TRADERS AWAIT US PMI AND POWELL’S SPEECH
Author: Sir Amar – Technical Analyst Gold (XAU/USD) remains on the defensive, reversing the previous day’s rebound from the week’s low as traders await further

ECB TO RAISE DEPOSIT RATE TO 0.75% BY YEAR-END, EUR/USD MOVEMENT ANALYSIS
Author: Sir Amar – Technical Analyst The European Central Bank (ECB) will hike its deposit rate above zero in September for the first time in

JAPAN’S RATE GAP WIDEN WITH REST OF THE WORLD, JAPANESE YEN WEAKEN TO 1998 LOW
Author: Sir Amar – Technical Analyst The yen hit a fresh 24-year low against the dollar on Wednesday, after suffering another overnight fall as US

CRUDE OIL PRICE EYES JUNE LOW AS DEMAND CONCERNS WEIGH, HEADING FOR WEEKLY FALL
Author: Sir Amar – Technical Analyst Oil prices fall to a fresh weekly low of $114.60 after an unexpected rise in US inventories and crude

US DOLLAR INDEX REBOUND FROM WEEKLY LOW, PRICE ACTION SETUPS FOR USD
Author: Sir Amar – Technical Analyst The US Dollar Index (DXY) is taking bids to update its intraday high around 104.00 as it posts the

DESPITE A DOWN ON DXY INDEX, DOLLAR HITS A 20-YEAR HIGH ON EXPECTATIONS OF TIGHTENING POLICIES
Author: Sir Amar – Technical Analyst The US dollar hit a 20-year high as markets are still recalibrating after last Friday’s stunning US CPI figure.