Market Talk | Forex Information

S&P 500 Has Slipped to a Multi-Year Low, But It Doesn’t Register as a Full ‘Break’ September 28, 2022
Markets are still firmly seated in a ‘risk aversion’ trajectory, but the progress for that slide has ebbed – perhaps owing to the absence of a dominant fundamental event risk in the foreground. Meanwhile, the pressure from inflation, recession risks and the Dollar’s extreme pressure are unrelenting.
John Kicklighter
Gold Price Action Echoes Bearish Behavior as APAC Markets Fall September 28, 2022
Gold prices are down modestly as APAC markets sell-off. A lull in XAU volatility is unnervingly similar to price action seen over the last few months, setting gold prices up for a potential leg lower soon.
Thomas Westwater
Australian Dollar Scuppered as US Dollar Takes the Throne as King of Currency September 28, 2022
The Australian Dollar has been belted by a soaring US Dollar and a divergence of policy guidance from the RBA to other central banks. Will a smallish hike send AUD/USD south?The Australian Dollar has been belted by a soaring US Dollar and a divergence of policy guidance from the RBA to other central banks. Will […]
Daniel McCarthy
USD/JPY Rate Approaches Yearly High Ahead of US PCE Report September 28, 2022
Fresh data prints coming out of the US may prop up USD/JPY as the Personal Consumption Expenditure (PCE) Price Index is expected to show sticky inflation.
David Song
Crude Oil Price Rebound Keeps RSI Out of Oversold Territory September 27, 2022
The price of oil may stage a larger rebound over the coming days as long as the Relative Strength Index (RSI) holds above 30.
David Song
S&P 500, Nasdaq 100 and Dow Subdued Amid Persistent Risk Off Mood September 27, 2022
Major U.S. equity indices erased earlier gains and finished in mixed territory amid lingering fears of global recession as Treasury yields put in another major jump.
Cecilia Sanchez Corona
Stocks Sanguine as Bonds, FX Price-in Panic – Webinar September 27, 2022
It’s a peculiar environment to see once-in-a-decade moves in FX or bonds as stocks just sit on support. One side is probably wrong…
James Stanley
Oil Prices Rise After Support Rejection, Strong USD & Growth Risks May Cap Gains September 27, 2022
Oil prices gain after bouncing off a key support area, but the outlook remains slightly bearish in the short term, especially after the invalidation of key technical levels.
Diego Colman
EURUSD Lacks Direction as Major Support Continues to Hold September 27, 2022
EURUSD sits perched right above key psychological support as the US Dollar takes a brief breather.
Brendan Fagan
US Dollar Trims Losses Following Better-than-Expected US Consumer Confidence Data September 27, 2022
U.S. consumer confidence extended its recovery for the second consecutive month in September, rising to 108.00, a sign that Americans are becoming a bit more optimistic about the future.
Diego Colman