Another year and another lesson learned. As a day trader navigating the fast-paced and volatile world of financial markets, one crucial lesson stands out above the rest in 2023: mastering risk aversion.

Oil prices have faced renewed selling pressure over the past two days, sliding around 2.6% at the time of writing. Is a retest of the $70 a barrel mark on the cards?

Gold holds the high ground as Geopolitical tension and a weaker US Dollar show little signs of let up as the Year-End approaches. Will $2080/oz be reached?

EUR/USD breached the psychological 1.1000 level before the weekend, but thoughts of further gains may not materialize until the New Year is in swing.

US data continues to show signs of slowing down with today's PCE print likely to fuel rate cut expectations. Gold advances toward key resistance area.

USD/JPY tested key support today at 142.00 but a failure to break this level tomorrow could lead to a recovery. Will US PCE data prove to be a much-needed catalyst?

Final reading of Q3 2023 GDP shows US economy grew by 4.9%, downwardly revised from the 2nd estimate of 5.2%. Another positive which adds to rate cut expectations but PCE data tomorrow holds the key.

Title: UK Inflation Falls Erasing Recent Gains on GBPUSD, Attention turns to US PCE Data

Gold enjoyed a rally toward the $2050/Oz mark before facing some selling pressure as Fed rate cut expectations continue to sway back and forth. PCE data later in the week could prove key to where Gold prices end the week.

Australian Dollar is in a good place fundamentally to continue its recent gains against the Greenback. The technical picture however hints at a brief retracement before bullish continuation.

Oil prices received a shot in the arm this morning as increased attacks on ships in the Red Sea intensify. A sign of things to come in 2024?

Cable faced selling pressure today thanks to a revival in the US Dollars haven appeal. Looking ahead and developments around the US Dollar is likely to be the major driving force of GBPUSD for the rest of the week.

Oil prices continued to slide for the majority of the Asian and European sessions before finding support at recent lows. Geopolitical risks and technicals hint at recovery in price.

The Japanese Yen has made significant gains against the Euro and Greenback this week. The move was driven largely by Euro and USD fundamentals and i expect that to continue.

Euro bears seize control thanks to a combination of Euro weakness and a renewed appetite for the Greenback. Can the selloff continue next week?

Oil prices failed at a technical hurdle today as the OPEC+ meeting failed to convince. Despite announcing around 2 million bpd cuts for Q1 2024 market participants were expecting more as Global Markets continue to flash signs of a slowdown.

US PCE data continued the recent trend of softening data from the US. The PCE print is likely to add to expectations for rate cuts in 2024 heading into the December FOMC meeting.

Oil prices continue to advance as news filtered through regarding the possibility of additional cuts by OPEC+ at tomorrow's meeting. News remains murky but market participants are running with it. Can an OPEC+ cut push WTI back above the $80 mark?

An upward revision to the Q3 GDP from the US failed to spark life into the US Dollar while Gold prices hold firm. Can the US Dollar stage a recovery before the end of 2023?

Loonie extends gains as the Greenback falters. A host of data is expected from both the US and Canada, will this help push USD/CAD lower?

Bitcoin continues to threaten the $38k mark as a weaker US Dollar and rate hike optimism stoke volatility. $40K incoming?

GBP looks to continues its positive run of late in the absence of high-impact data releases. Will Sterling’s impressive run continue?

US Indices subdued as market participants eye key data events ahead. Will the SPX and Nasdaq be able to hold onto recent gains?

Gold remains delicately poised as Silver breakout hints at further upside. Oil on the other hand will be driven by the postponed OPEC+ meeting. Will OPEC+ announce further cuts?

US Business activity remained steady in November but employment in the private sector declined for the first time in almost three-and-a-half years. A sign of things to come?

Breaking down USD pairs for potential setups heading into the weekend. Will we get a return of liquidity and an explosive end to the week?

Bitcoin holds the high ground in what was a quiet day. Crypto enthusiasts appear to have shrugged off the Binance saga and record breaking fine as lack of liquidity is evident.

RBA Minutes keep the Aussie Dollar supported. Technical outlook and potential setups for both AUDUSD and GBPAUD.

Gold’s failure at the $2000 hurdle leaves the precious metal vulnerable to a deeper retracement. Will the lack of liquidity expected the rest of the week help minimize the losses?

Bank of Canada will breathe a sigh of relief following a better-than-expected CPI print. The Central Bank will be hoping this is a start of a trend rather than a once off drop as we had in June.