Market Talk | Forex Information

Gold Prices (XAU) Retreat from Recent High, Silver (XAG) Follows Suit February 2, 2023
Gold and Silver rallied after a series of rate decisions raised demand for precious metals. However, gains were relinquished after a rejection of resistance.
Tammy Da Costa
Oil Prices Fail to Hold Post-Fed Gains, Charts Look Heavy February 2, 2023
US crude prices faced opposing influences of ongoing output cuts and signs of large inventory builds.
David Cottle
EUR Breaking News: ECB Hike Rates by 50bps, EURUSD Looks Vulnerable February 2, 2023
ECB hikes rates by 50bps promising more to come as inflation remains their top priority. EURUSD sub 1.10 ahead of the press conference.
Zain Vawda
Breaking News: BoE Hikes by 50bps, GBP Pounded After Dovish MPC Report February 2, 2023
The Bank of England hiked rates by half a basis point but more placid guidance from the MPC has left the pound on offer. GBP/USD eyes 1.22.
Warren Venketas
USD/JPY Post FOMC: Fading Recession Perceptions See Moderate USDJPY Move February 2, 2023
Powell acknowledged the risk of complacency around disinflationary trends but markets perceived the address as dovish, lifting risk assets while USDJPY eased lower
Richard Snow
US Dollar (DXY) Latest: The Fed’s Dovish Nudge Sends the US Dollar Tumbling February 2, 2023
The ‘disinflationary process has started’ according to Fed chair Jerome Powell at last night’s FOMC press conference, a comment that pushed the greenback to a fresh multi-month low
Nick Cawley
Gold Prices Rallied as Markets Kept Betting Against the Fed, Now What? February 2, 2023
Gold prices rallied the most in almost 2 weeks as markets continued to bet against the Federal Reserve. What did Jerome Powell say and what are key levels to watch?
Daniel Dubrovsky
Euro Hits New High as US Dollar Collapses in Fed Aftermath. Where to for EUR/USD? February 2, 2023
The Euro raced north after Fed commentary saw the US Dollar crash on the markets’ interpretation of a dovish tilt from the Chairperson. Will an ECB move do the same for Euro?
Daniel McCarthy
US Dollar Slammed Post FOMC as Markets Test Fed Resolve. Where to for USD? February 2, 2023
The US Dollar slide has continued after the New York close post the Fed hiking rates and Powell putting a dovish tilt in the mindset of the market. How low will USD go?
Daniel McCarthy
Dollar and VIX Slump After Fed Hike, Watch EURUSD and Doubt Trends February 1, 2023
The Federal Reserve hiked its benchmark rate another 25 basis points and Powell held the door open for further hikes, but neither risk assets nor the Dollar took the group for its word. Scrutinize the progress on trends like that from EURUSD with event risk like the ECB and unresolved themes like recession ahead.
John Kicklighter