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Crude Oil, USD/RUB Outlook : WTI Rising Before Fed, Biden-Putin Summit Volatility Risk

Posted by By 16/06/2021Posted inForex
WTI continues to soar higher as global demand continues to outpace supply. Higher oil prices are strengthening the Russian Ruble ahead of the G7 meeting between Putin and Biden.
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Dow Jones Retreats Ahead of FOMC, Nikkei 225 and ASX 200 Open Lower

Posted by By 16/06/2021Posted inForex
Wall Street stocks were trading in a cautious mood on Tuesday as investors weighed disappointing retail sales data ahead of the FOMC meeting. Asia-Pacific markets may follow lower. Crude oil…
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New Zealand Dollar Faces Pressure After Widening Current Account Deficit

Posted by By 15/06/2021Posted inForex
The New Zealand Dollar may face some additional pressure following the island-nation's current account deficit widening. Kiwi Dollar traders are looking ahead to tomorrow's GDP figures.
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US Dollar Outlook: USD Volatility to Rise with Fed Decision Due

Posted by By 15/06/2021Posted inForex
US Dollar volatility is likely to accelerate during Wednesday's trading session with the Federal Reserve set to release its latest monetary policy update. How might the Fed decision impact USD…
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Brazilian Real Outlook: FOMC, COPOM Could Set the Tone for USD/BRL Near Term

Posted by By 15/06/2021Posted inForex
Key monetary policy decisions in the US and Brazil on Wednesday could boost USD/BRL volatility and pave the way for the next major move in price action.
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Gold Price Retreats to Support Ahead of Pivotal FOMC Meeting

Posted by By 15/06/2021Posted inForex
Gold sought out support this week as the precious metal looks to consolidate weeks of gains ahead of an all-important FOMC meeting. Despite an encouraging technical outlook, the Fed may…
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NZD/USD Rate to Face FOMC Rate Decision, NZ GDP Report

Posted by By 15/06/2021Posted inForex
NZD/USD is likely to face increased volatility over the next 24-hours with both the FOMC rate decision and New Zealand’s GDP report coming into focus.
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US Dollar Price Action Setups Pre-FOMC: EUR/USD, GBP/USD, USD/CAD

Posted by By 15/06/2021Posted inForex
The big meeting is here and the USD is bouncing ahead of the statement. Might Dollar bulls get some room to run here?
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Canadian Dollar Forecast: USD/CAD Rebound to Face FOMC- Loonie Levels

Posted by By 15/06/2021Posted inForex
Canadian Dollar is on defense with a rebound in USD/CAD now eyeing initial resistance targets ahead of FOMC. The technical levels that matter on the Loonie weekly chart.
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Crude Oil Breakout; PTJ and Bitcoin; the Fed versus Inflation Fears – The Macro Setup

Posted by By 15/06/2021Posted inForex
Are markets too complacent heading into the Fed meeting?
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