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S&P 500, Nasdaq 100 News and Analysis Recommended by Richard Snow Analyst forecasts for equities in Q3 Inflation Confirmation Hits the US Dollar Hard, Lifting EquitiesThe May inflation print revealed the…

Share: Canadian Dollar rallies to new 2023 highs against the US Dollar on Thursday after the BoC’s…

USD/JPY AND GBP/USD OUTLOOK:USD/JPY deepens its decline as U.S. Treasury rates extend their downward correctionSofter-than-expected U.S. CPI and PPI data weigh on bond yieldsMeanwhile, GBP/USD blasts higher, rising to its best levels…

Share: The XAG/USD records more than 2% gains on the day, jumping to the $24.70 area. Following soft CPI…

CANADIAN DOLLAR PRICE, CHARTS AND ANALYSIS:The Loonie Looks on Course for Further Gains Against the Greenback as the Bank of Canada (BoC) as the DXY Slide Continues.BoC Governor Macklem Revealed Concerns Around the Pace at Which Inflation…

This pair has been cruising lower for the most part of the week!Will the upcoming U.S. PPI release allow the downtrend to gain traction? Right now, USD/JPY is stalling around the 138.00-138.50 zone, possibly considering a quick pullback…

Share: NVDA advanced 3.5% on Wednesday. Nvidia invested in biotech firm Recursion that uses AI technology.…

Number of traders net-short has increased by 32.67% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIAUD/USDBULLISH49.85%50.15%-24.77% Daily-25.84% Weekly44.57% Daily32.67% Weekly-0.94%…

GOLD PRICE, CHARTS AND ANALYSIS:Gold prices stay close to one-month highs.Weaker US inflation has seen the more extreme rate-hike bets taken off.Still, the market looks overbought and further gains may be hard-won. Recommended by…

Slightly stronger than expected U.K. GDP is keeping GBP/USD afloat so far. Can the pair hold on to its gains when the U.S. PPI report is released? Before moving on, ICYMI, yesterday’s watchlist looked at NZD/USD pulling back to its…