The latest German Ifo release missed market forecasts earlier and this is likely to temper any further EUR/USD gains in what is expected to be a very busy week.
The Federal Reserve’s dovish stance may counterbalance a series of robust economic data prints and limit the US Dollar’s upside against its major counterparts.
Crude oil prices retreated slightly as viral resurgence in Japan and India clouded Asia’s energy demand outlook. This week’s OPEC+ meeting will be closely eyed by oil traders.
Gold prices rebounded modestly amid a weakening US Dollar. Japan declared a new state of emergency in Tokyo, Osaka and two other prefectures as Covid cases surged, buoying demand for…
The US Dollar remains vulnerable to ASEAN currencies with the Fed on tap. Rising corporate and capital gains tax hike bets may pressure Treasury yields, boosting Emerging Market FX.