Market Analysis

CURRENCIES: US Dollar Performance and Key Currency Pairs The U.S. dollar (DXY index) decreased slightly (-0.2% to 104.75), retracting from a five-month high. Global yield increases outpaced U.S. government rates, affecting the dollar’s strength. Upcoming Economic Events and Market Focus …

As the world’s economies continue to navigate the post-pandemic landscape, key indicators from the United States, Switzerland, and Canada offer insights into the ongoing recovery and challenges faced by various sectors. The upcoming weeks are set to deliver pivotal data …

CURRENCIES: Euro Market Sentiment Overview: Market sentiment analysis for EUR/USD, EUR/GBP, EUR/JPY. Popularity in Trading: Trading can appear as a popularity contest; discerning traders find value in contrarian approaches. IG Client Sentiment as a Contrarian Indicator: This tool provides insights …

CURRENCIES: US Dollar’s Current State: The US dollar shows a rangebound pattern, with minimal gains amid mixed Treasury yields and market caution. Anticipation of Key Events: Traders are in a wait-and-see mode ahead of significant events, including US PCE data …

CURRENCIES: GBP/USD Movement: The British Pound has slightly risen above 1.26 against the US Dollar, fueled by anticipation of interest rate reductions by the Federal Reserve in June. Market Sentiments: Confidence is high among investors that the US will commence …

As we approach the end of March 2024, the world’s economic eyes are set on key indicators that are poised to shed light on the health and direction of major economies, including Australia, Canada, and the United States. These indicators, …

As we approach another pivotal week in financial markets, our focus turns sharply to the Federal Reserve’s upcoming policy decisions and their potential impact on global markets. In light of recent developments and forward-looking economic indicators, here is VT Markets’ …

CURRENCIES: Trending Analysis: Focus on British Pound’s market sentiment and outlook, covering GBP/USD, GBP/JPY, EUR/GBP. Dollar’s Rally Triggered by Rising U.S. Treasury Yields: The uptick follows unexpectedly high Producer Price Index (PPI) figures for February, closely following a significant Consumer …

CURRENCIES: ECB official advocates for two interest rate cuts before summer to support the economy. Yannis Stournaras, head of the Greek central bank, suggests the need for easing monetary policy ahead of the Federal Reserve, highlighting that 30% of previous …

CURRENCIES: Market Sentiment Analysis & Outlook Summary (Mar 13, 2024): Gold Forecast: Retail traders show a net-short bias in gold, with more bearish than bullish positions. Bullish bets have decreased by 9.67% from yesterday and 12.80% from last week. Bearish …