News & Updates

Gold (XAU/USD) Struggles as Rising US Yields and the Dollar Index (DXY). Dollar Index (DXY) in Overbought Territory but Likely to Remain Supported in a Risk-Off Environment. IG Client Sentiment Shows that Retail Traders are Overwhelmingly Long with 79% of Traders...

Crude oil prices paused rallying last week Retail traders slightly increased upside bets What is the short-term WTI outlook? Crude oil prices took a breather last week, leaving WTI little changed by Friday. This meant a pause after weeks of consistent gains....

BANK OF ENGLAND HOLDS INTEREST RATES STEADY AT 5.25% The monetary policy committee narrowly decided to hold (5-4) Disinflation is expected to continue but growth forecasts for H2 are likely to be weaker BoE hints at a potential peak in interest...

The index rebounds from recent lows near 105.00. Markets’ appear side-lined ahead of the FOMC gathering. The US housing sector will be in the limelight later in the session. The greenback, when tracked by the USD Index (DXY), reverses part of the pessimism seen at the...

USD/JPY meets with some supply on Thursday and is pressured by a combination of factors. Bets that the BoJ will end its negative interest rate policy lift the JPY and weigh on the major. A modest USD downtick contributes to the fall, though the 147.00 mark helps limit...

WTI Crude Oil prices extend the upward trajectory and climb to a fresh YTD peak on Wednesday. The technical setup favours bullish traders and supports prospects for a further appreciating move. The RSI on the daily chart is already flashing overbought conditions and...