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Dollar firmed again today in what remains a subdued week for markets, with no top-tier European economic data releases so far and little central bank commentary on the docket. The summer lull has left trading ranges tight, and with nothing scheduled during the US session, conditions are expected to remain muted. For the week so … Read more

U.S. equities closed higher overnight, but Asian markets turned mixed on Thursday as risk sentiment remained muted. Nvidia’s stronger-than-expected earnings beat on both revenue and profit dominated headlines but failed to deliver a sustained boost to risk appetite. In currency markets, Dollar softened as this week’s rebound lost steam. Overall trading remained subdued with no … Read more

The Dollar Index (DXY) displays a bearish sequence with lower lows since its August 1, 2025 peak, signaling further downside. The decline from this high unfolds as a five-wave impulsive Elliott Wave structure. From the August 1 top, wave ((i)) concluded at 98.6, followed by a wave ((ii)) rally peaking at 99.07. The Index then … Read more

The Australian dollar is showing limited movement on Tuesday. In the European session, AUD/USD is trading at 0.6482, down 0.01% on the day. Australian CPI expected to jump to 2.3% The markets are bracing for an acceleration in Australian CPI on Wednesday. The market estimate stands at 2.3% y/y, compared to 1.9% on June which … Read more

Market Overview The crypto market has been on a downward trend for the last 12 days, falling to $3.76 trillion on Tuesday morning and later stabilising at $3.79 trillion. Capitalisation fell below the 50-day moving average and the area of recent lows, giving a technical signal of a change in the trend from growth to … Read more

Gold rose to two-week high on Tuesday, driven by fresh wave of risk aversion sparked by growing uncertainty on decision of President Trump to fire a Fed Governor Cook. Trump’s conflict with the US policymakers is escalating again, after a campaign to remove Fed Chair Powell, which Trump eventually sidelined, but remained on track to … Read more

Markets One day after calling a no-confidence vote (September 8) in his government, the dies for French PM Bayrou have already been cast. All main opposition parties (stretching from far left over Socialists to the extreme right RN) said that they would vote against the minority centrist government looking for support on their proposed fiscal … Read more

Oil prices dropped by over 1% after they had risen by almost 2% on Monday to start the week on the front foot. Traders are watching the war in Ukraine and the possibility of interruptions to Russia’s oil supply. Brent crude oil fell by $1.08, or 1.57%, to $67.72 per barrel. It had reached its … Read more

The US Dollar has been in a weird trading zone since the contradicting NFP report from the beginning of the month (forcing a dovish hand) and the strong PPI report that has shown the appearance of tariff effects (forcing a hawkish hand). Since, the odds for a September cut have held tight, despite regressing slightly … Read more

AUDUSD: ⬆️ Buy AUDUSD reversed from key support level 0.6400 Likely to rise to resistance level 0.6565 AUDUSD currency pair recently reversed up from the key support level 0.6400 (which has been reversing the price from May) standing near the lower daily Bollinger Band. The upward reversal from the support level 0.6400 created the daily … Read more