Market News & Analysis

Market Analysis and News

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XAUUSD & BRN are under pressure amid stronger dollar.
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15 Nov 09.38

XAUUSD & BRN are under pressure amid stronger dollar.

XAUUSD has fallen below $2,560 as the US dollar surges. Meanwhile, BRN slips under $72, driven by concerns of oversupply.

EURUSD set for 5th consecutive day of losses?
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14 Nov 10.46

EURUSD set for 5th consecutive day of losses?

The EURUSD has fallen to its lowest level since November 2023. Market expectations for interest rate cuts have shifted, with a 25bp cut now expected from both the US Fed and the ECB.

LATEST ANALYSIS
BRN is under pressure after reaching above $85.00 level
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21 JUN clock 10:22

BRN is under pressure after reaching above $85.00 level

BRN is consolidating below the $85.00 level amid the potential for interest rates to remain higher for longer in the US as well as in some of the Asian economies.
Nvidia is up ~2.69% on the pre-market
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20 JUN clock 12:39

Nvidia is up ~2.69% on the pre-market

The company's chips continue to be at the center of AI development. According to Bloomberg, the company's market share is estimated to be between 70% and 95% of the AI chip market.
XAUUSD, Calm before the Storm?
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19 JUN clock 12:09

XAUUSD, Calm before the Storm?

XAUUSD on a 4-hour chart has coiled into a pennant and is primed for a breakout.
BTC rebounds after briefly touching below $65 000
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19 JUN clock 11:03

BTC rebounds after briefly touching below $65 000

Uncertainty over highly anticipated interest rate cuts is weighing on BTC as well as on the broader crypto market.
GBPJPY to close above psychologically important 200 level?
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18 JUN clock 13:04

GBPJPY to close above psychologically important 200 level?

Looking ahead, according to Bloomberg’s FX model, the GBPJPY is expected to trade (with 75.9% probability) within 197.728 – 203.010 range during the next 7 days.
This Week: UK100 crosses back above 50-period SMA ahead of this week’s UK data dump
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17 JUN clock 09:36

This Week: UK100 crosses back above 50-period SMA ahead of this week’s UK data dump

Of all the major European indices, the UK100 index is the sole stock index which retains its quarter-to-date gains, currently exceeding 3%.
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