Market Talk | Forex Information

US Dollar Setups: USD/JPY Gains as GBP/USD Trends Lower, AUD/USD Hammered December 5, 2023
This article focuses on the technical outlook for USD/JPY, GBP/USD and AUD/USD, taking into account recent price action dynamics as well as prevailing market sentiment.
Diego Colman
ISM Services Tops Estimates, Job Openings Plunge Weighing on the US Dollar December 5, 2023
The US Service sector remained robust in November but job openings hit a 30 month low weighing on the US Dollar. A sign of what is to come from this weeks NFP Print?
Zain Vawda
Oil Struggles to Reverse Course as US Production Hits Record Levels December 5, 2023
Saudi Arabia supports OPEC + decision on rate cuts, US production breaks record levels for second successive month and the US focuses on replenishing SPR levels
Richard Snow
Euro (EUR) Latest: Dovish ECB Commentary Weighs on EUR/USD, Yields Slump December 5, 2023
The Euro is under pressure again after a dovish interview by one senior ECB board member sent German bond yields sliding to fresh multi-month lows
Nick Cawley
Dow Holds Gains while Nasdaq 100 Slips Lower and Hang Seng Slumps to One-Year Low December 5, 2023
While the Dow has held on to its gains, other indices have suffered losses. The Hang Seng in particular has been hard-hit, touching a fresh low for the year.
IG
Gold Price Update: XAU/USD Calmer after Massive Same-Day Reversal December 5, 2023
Gold recovers from a phenomenal day of trading where prices spiked well above the prior all-time-high only to erase the move and end the day lower. Where to from here?
Richard Snow
AUD Breaking News: RBA Holds Rates, Aussie Dollar Slips December 5, 2023
AUD prices weakened against the USD after the RBA decided to maintain current rates as inflation and wage growth looks to be softening.
Warren Venketas
Gold Clobbered after Fakeout; EUR/USD, Nasdaq 100 Hit by Rebound in US Yields December 5, 2023
In this article, we scrutinize the technical outlook for gold, EUR/USD and the Nasdaq 100, analyzing major price levels that could come into play throughout the week.
Diego Colman
GBP/USD Price Forecast: Mixed Technical Signals and a Stronger US Dollar Weigh on Cable December 4, 2023
Cable faced selling pressure today thanks to a revival in the US Dollars haven appeal. Looking ahead and developments around the US Dollar is likely to be the major driving force of GBPUSD for the rest of the week.
Zain Vawda
US Dollar Flies as US Yields Spring Back to Life, Setups on USD/JPY, AUD/USD December 4, 2023
In this article, we analyze the technical outlook for USD/JPY and AUD/USD, taking into account market sentiment and price action dynamics. We also examine key levels that may act as support or resistance later this week.
Diego Colman