Gold prices fell on Wednesday as US debt ceiling breakthrough bets pushed up Treasury yields. XAU/USD’s technical landscape is looking increasingly shaky of late.

USD/JPY’s rally gains momentum after two key resistance levels are breached. Meanwhile, AUD/USD remains stuck in a consolidation channel, with range trading strategies still looking attractive.

EUR/USD drops and heads towards confluence support at 1.0820/1.0785 as sellers pounce. Meanwhile, the Nasdaq 100 charges higher and sets fresh 2023 highs following last week’s bullish breakout.

The South African Rand (ZAR) has struggled the last two days as a resurgent dollar adds to the currency’s woes. R20/$ on the horizon?

Silver approaches a confluence zone of support as last week’s selling continues at a slower pace. Longer-term uptrend remains intact

Bank of England Governor Andrew Bailey says the UK’s outlook is getting brighter but the central bank’s commitment to 2% inflation ‘is unwavering’.

Spot Golds retreat and selloff yesterday puts the precious metal at risk of further downside the longer it remains below the $2000 level. Is this the beginning of the end for Golds bullish run?

Euro area headline inflation rose while core inflation saw a modest decline. The data is likely to embolden calls for more hikes but US debt ceiling dominates the narrative

Outlook on FTSE 100, DAX 40 and S&P 500 amid ongoing US debt ceiling negotiations

The Japanese Yen remains under pressure against the USD as US debt ceiling guides market sentiment. USD/JPY now testing key resistance zone.