FTSE 100 Kicks Off the Day on a Rebound

Following an uptick in China’s Purchasing Managers Index, the FTSE 100 (LSE: UKX) opened the day with bulls in control. As commodity prices escalated after China’s manufacturing activity surged at…

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EURUSD Bears Lose Their Grip

The EURUSD currency pair gained 0.5%, week-to-date, as bulls recovered some of the pair’s losses from the prior week.   Bulls gained confidence on the back of sticky inflation in France…

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S&P 500 Retrieves Some of Last Week’s Losses

The S&P 500 futures (CME: ES) bulls recovered some of the losses made on the index following a panic selloff from high U.S. inflation readings. Bets on further rate hikes…

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Dow Jones 30 Continues to Slide on Inflation Concerns

Inflationary pressures have weighed down on the Dow Jones 30 Futures (CBOT: YM) following a 3.06% selloff in the index last week. The PCE Index, which came in higher-than-expected last…

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XAUUSD Respects Classic Fibonacci Level

Gold prices were sent lower following a period of the Greenback’s robustness, with Spot Gold (XAUUSD) down 1.65% in the prior week. U.S. Inflation rose in January's PCE Index to…

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EURJPY Bulls Feast on Interest Rate Differential

The EURJPY currency pair traders have pointed mainly in one direction, up. The pair has gained 2.63% in a fortnight, and bulls have started the current week on the front…

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EURUSD Sheds 1.38% to Continue in its Depressive State

The EURUSD currency pair has been led down a slippery slope by traders full of hawkish attitudes and belief in strengthening the Greenback. The pair slid 1.38% in the prior…

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