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Fundamental Analysis

Gold Benefits From USD Dip on AI Funding Fears
Gold Benefits From USD Dip on AI Funding Fears

Weak USD Boost GoldGold prices are rising today amidst the pullback in USD as focus shifts from US inflation data yesterday to concerns over funding levels in the AI sector. AI corporate bonds have...

Why Is USD Plunging Despite CPI Jump?
Why Is USD Plunging Despite CPI Jump?

Inflation Higher AgainWe’re seeing interesting price action today with the US Dollar down sharply, reversing from the initial spike higher seen in response to yesterday’s hotter-than-forecast...

Copper Drops On Hawkish Fed Repricing
Copper Drops On Hawkish Fed Repricing

Hawkish Fed ImpactCopper prices remain sold today as the futures market heads for a third consecutive day in the red. The move lower comes amidst the hawkish shift in traders’ Fed outlook amidst the...

USD Softens As Traders Await Key Inflation Data
USD Softens As Traders Await Key Inflation Data

Inflation Up NextThe Dollar is on watch today as traders brace for the latest set of US inflation readings due this afternoon. Ahead of the data USD is cooling a little with the DXY pulling back...

EURUSD Lower After Lagarde Comments
EURUSD Lower After Lagarde Comments

Warning From LagardeThe Euro is struggling to capitalise on USD weakness today following some commentary from ECB chief Lagarde this week. The ECB head warned that the global economy was getting...

Aussie Jumps on Hawkish RBA Mins
Aussie Jumps on Hawkish RBA Mins

AUD Bouncing MidweekThe Aussie is benefiting firmly from the USD weakness we’ve seen over the last 24 hours with the pair rising to two-week highs today. Hawkish signals from the RBA have helped...

Gold Holding Steady Ahead of US CPI Tomorrow
Gold Holding Steady Ahead of US CPI Tomorrow

Pause Ahead of CPI ReleaseGold prices are holding at the foot of the recent declines for now with price having settled into a block of consolidation over recent sessions. Mostly, this price action...

Bitcoin Recovering Despite Huge ETF Outflows
Bitcoin Recovering Despite Huge ETF Outflows

BTC Pushing HigherBitcoin prices are pushing higher again today with the futures market fighting to get back above the $84,385 following the correction lower from the October highs. The push higher...

US Inflation In Focus This Week
US Inflation In Focus This Week

Geopolitical Tensions Boosting DollarThe US Dollar is on watch this week as trader brace for the latest US inflation data due on Wednesday. On the back of softer-than-forecast September jobs data,...