Japanese Yen Outlook: USD/JPY Drops on Haven Flows as Traders Brace for FOMC
The Japanese Yen saw inflows overnight as traders brace for this week's FOMC decision. Australia's CPI print may help guide RBA bets in today's Asia-Pacific session.
US Dollar Outlook: Fed Decision Due – Will it Spark Fireworks?
The US Dollar edged lower on Tuesday with EUR/USD, USD/JPY, and GBP/USD all reflecting US Dollar weakness. Will the Fed catch markets off-guard with another hawkish surprise tomorrow?
Nasdaq 100 Outlook: Stocks Decline Despite Stellar Tech Earnings, All Eyes Shift to Fed
Strong earnings from Apple Microsoft, and Alphabet were unable to lighten sentiment as indices declined ahead of Wednesday’s Federal Reserve policy decision.
South African Rand Dollar Forecast: USD/ZAR Edges towards 15.00, FED takes center stage
USD/ZAR looks towards FED rate decision for direction, risk sentiment remains susceptible to USD
Mexican Peso Outlook: USD/MXN Moves Cautiously as Markets Await Fed Cues
The Fed will announce its July interest rate decision on Wednesday. No change in policy is expected, but the central bank's guidance on tapering could trigger USD/MXN volatility.
US Dollar Outlook: DXY Plunges into Technical Support Ahead of FOMC
A reversal off uptrend resistance takes the US Dollar back into the July open- the battle lines are drawn into FOMC. The levels that matter on the DXY technical charts.
GBP/USD IG Client Sentiment: Our data shows traders are now net-short GBP/USD for the first time since Jun 16, 2021 when GBP/USD traded near 1.40.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bullish contrarian trading bias.
Can You Trust the US Dollar Rally? Oil Back on Track? – The Macro Setup
Wll the July FOMC meeting and US tech earnings produce fireworks?
USD/CAD Rate Holds Steady with Federal Reserve Rate Decision on Tap
USD/CAD may continue to consolidate ahead of the Federal Reserve interest rate decision on July 28 as the central bank is expected to retain the current policy.
USD/JPY Bounces Off Session Lows on Solid Consumer Confidence
The US Dollar has felt broad-based selling pressure so far this week with markets focus on tomorrow's Fed announcement. Solid consumer confidence data helps USD/JPY bounce off session lows.