Forecasts & Analysis
GBP/USD Return to $1.13 in the Hands of US Inflation and Fed Chatter
Better-than-expected Q2 GDP numbers failed to impress the GBP/USD, with the market focus on US inflation figures and Fed chatter.
BTC Fear & Greed Index Languishes in Extreme Fear of the Fed
A Court ruling from the SEC v Ripple case in favor of Ripple delivered BTC and broader crypto market support. However, Fed fear lingers.
AUD/USD and NZD/USD Appetite Tested by China PMIs
It has been a choppy morning for the AUD/USD and NZD/USD pairs. PMI numbers for China tested support ahead of inflation figures from the US.
SEC v Ripple Ruling Goes Against the SEC, Giving XRP a Look at $0.55
The SEC v Ripple case took an unexpected turn on Thursday. A Court ruling in favor of Ripple delivered XRP support and put pressure on the SEC to settle.
Crypto Market Daily Highlights – XRP Leads on SEC v Ripple Ruling
It was a bullish session for the crypto market, with XRP delivering much-need support as the crypto market decoupled from the NASDAQ 100.
USD/JPY Return to 145 Hinged on US Inflation Numbers and Fed Chatter
Economic indicators from Japan impressed this morning to peg back the USD/JPY. However, US inflation figures could deliver a dollar breakout from 145.
Gold Price Forecast – Albert Einstein Said Insanity is Doing the Same Thing and Expecting Different Results
The Federal Reserve is now assuming that they can reduce inflation using a technique that has never worked in the past.
S&P 500 (SPY) Dives To 3635 As Initial Jobless Claims Decline
CarMax is down by 23% as its quarterly report highlights weak demand.
Natural Gas Declines As Inventories Increase
Palladium settled back above $2200. WTI oil climbed above the $82 level.
Gold Enters the Last Quarter of 2022 Depressed
Gold started 2022 well, but the recent months were pretty awful. What will it be in the final quarter of the year?
