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Share: USD/MXN printed a fresh cycle low on Friday of 16.62 and is poised to close a 1.70% weekly loss.…

Share: Pound Sterling eyes more gains ahead of key interest rate policy The Pound Sterling (GBP) recovers as…

Share: EUR/USD bulls are in the market but face a wall of resistance. EUR/USD bears eye the 4-hour…

S&P 500, SPX, NASDAQ 100, NDX – Price Action:US indices steady after widely-expected Fed rate hike.Earnings, China stimulus, and resilient global growth are supportive.Extreme optimism, overbought conditions, overcrowded positioning,…

Share: WTI is attempting to breakdown but the bulls stay in charge. A break of $79.00 is required for…

US Dollar (DXY) AnalysisUSD barely budges after the FOMC announcement as traders require more convincing around another rate hike. Dollar weakness seen this morning ahead of ECBLarge speculators, hedge funds positioning suggests greater…

The spotlight was on the FOMC decision this week, but the ECB and BOJ policy shifts did their part to spark wild rides, along with a few other market surprises from China and Australia. A busy earnings calendar also allowed U.S. equities…

Share: GBP/USD bears eye a 50% mean reversion if not the 61.8%ratio. The 4-hour W-formation neckline…

Article by IG Chief Market Analyst Chris BeauchampS&P 500, Nasdaq 100, CAC40 Prices, Analysis, and Charts​​​S&P 500 hits new 2023 high​The index has surged to a new high for the year, and its highest level since April 2022.​The…

Another major central bank shifted its policy bias and spurred big moves this week! I’m talking about the ECB and its more dovish than usual announcement. This contrasted with the Fed’s stubbornly hawkish decision, which was later on…