Both UK retail sales and inflation data printed better than expected and yet the local currency showed no improvement, reinforcing the negative sentiment around sterling

Dollar Index rallied higher this week as Fed hawks and US data put the Dollar back on top. Can the rally continue?

US equity markets are battling against a strong US dollar and higher US bond yields. Monthly option expiry and Monday’s US bank holiday will increase volatility.

Technical charts suggest it may be too soon to conclude the end of the global US dollar slide. The recent jump in the greenback appears to be a consolidation/correction within the overall downtrend. What is the outlook on some of the major currency pairs?

A rise is US 2-year yields has weighed on gold’s hopes of clawing back recent losses. Yields and the dollar remain central to gold valuations heading into CPI next week

The Australian Dollar steadied during the week despite the RBA hiking rates and the trade surplus continuing to fill the coffers of exporters and the government. Will AUD/USD go higher?

The technicals for US Indices hint at further downside ahead following a positive start to 2023. Can US data out this week reignite the bullish momentum?

Gold prices have stalled in a narrow range of technical support and resistance between $1,870 and $1.880. With XAU/USD trading flat, breakout potential builds.

The Euro suffered its worst 2-week drop since September as markets aligned themselves closer with what the Fed sees for tightening this year. EUR/USD faces US CPI next.

UK growth flatlined in Q4 2022 according to the Office for National Statistics (ONS) today, leaving Sterling caught in the growth vs. inflation conundrum.