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US Dollar Jump on FOMC Faded, EUR/USD Recovers

Posted by By 20/05/2021Posted inForex
FOMC prompts brief USD bid, Euro reclaims 1.22 as bull aim for recent high.
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Crude Oil Price Drop May Continue on Inflation Impact Fears

Posted by By 20/05/2021Posted inForex
Crude oil prices may continue to fall amid growing concerns about a sticky inflationary upshift that forces the Fed to pull back on stimulus sooner than expected.
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Gold Price Forecast: Bitcoin Weakness Fueling XAU/USD Strength?

Posted by By 20/05/2021Posted inForex
Gold is trending higher despite the FOMC-induced pickup in Treasury yields. Moreover, speculation continues to brew that Bitcoin weakness may be bolstering the yellow metal.
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Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) Analysis: Panic Selling Hits Cryptos

Posted by By 20/05/2021Posted inForex
Bitcoin, Ethereum and Litecoin tumbled in one of the worst days for cryptocurrencies in over 14 months. Are BTC/USD, ETH/USD and LTC/USD vulnerable to more losses?
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Australian Dollar Analysis: AUD/USD Gyrates Following Mixed Jobs Data

Posted by By 20/05/2021Posted inForex
AUD/USD is mixed following Thursday’s employment report and a wave of risk-off pressure emanating from Wednesday’s release of FOMC minutes.
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S&P 500 Slides on Fed Tapering Hints, Hang Seng and ASX 200 Open Mixed

Posted by By 20/05/2021Posted inForex
The S&P 500 index fell for a third day as the FOMC minutes spooked fears about tapering debates. The US Dollar gained while Bitcoin had a volatile session. The Hang…
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Dow Jones Marches Lower After FOMC Minutes, Sentiment Turns to AU Jobs Report

Posted by By 19/05/2021Posted inForex
The Dow Jones extended losses seen earlier in the week following the FOMC Minutes. Market sentiment looks at tonight's Australian jobs report.
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Canadian Dollar Price Forecast: Can USD/CAD Reverse Course and Rally?

Posted by By 19/05/2021Posted inForex
USD/CAD has fallen for months as rising crude oil prices, risk appetite and a weak US Dollar worked to drive the pair lower. Now with potential taper talk on the…
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Gold Price Forecast: Breakout Above Multi-Month Resistance – Levels for XAU/USD

Posted by By 19/05/2021Posted inForex
Gold prices have moved beyond multi-month bull flag resistance, suggesting that a march back to all-time highs has begun.
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Bitcoin (BTC/USD) Tanks, but Buyers React

Posted by By 19/05/2021Posted inForex
Bitcoin prices fell to a three month low as speculative mania took a rest. Buyers showed up in droves to elicit a strong bounce, highlighting the volatile nature of speculative…
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