GBP/USD rises, but bullish momentum wanes as prices approach cluster resistance. Meanwhile, USD/JPY extends its advance after clearing a key trendline late last week.

The broader dollar downtrend combined with lower interest rate expectations continue to buoy non-interest-bearing commodities like silver

The Canadian dollar retreated on Wednesday, pressured by falling oil prices. The Nasdaq 100 also moved lower, with the tech index carving out a bearish double top pattern on the two-hour chart.

UK CPI has led markets to anticipate a further 75 basis points of hikes to year end – weighing on the FTSE. Prominent Fed hawks have their say as S&P 500 finds resistance

The precious metal is testing near-term support as short-dated US Treasury yields press higher.

GBP/USD remained quietly cautious after elevated inflation data ‘hawkishly’ re-priced the BoE’s interest rate path.

Gold prices gained on Tuesday as the US Dollar fell. XAU/USD remains vulnerable to follow-through after a Bearish Engulfing emerged. How have retail traders changed their exposure?