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Australian Dollar Fails To Hold China-Data Gains, Looks to RBA

Posted by By 02/03/2023Posted inForex
AUD/USD has faltered ahead of key resistance and returned its data driven gains of the previous session
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Euro Area Core Inflation Prints Fresh Record High, EUR/USD Steady

Posted by By 02/03/2023Posted inForex
Euro Area annual inflation rate came in above forecasts as core inflation rose for a third month in succession adding to the ECB conundrum.
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GBP Price Forecast: Pound Undeterred by Brexit Deal

Posted by By 02/03/2023Posted inForex
GBP/USD continues within a key technical pattern ahead of central bank speakers later today while the Brexit deal gathers momentum.
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Gold Price Rally Might be Short-Lived With the 2-Year Treasury Yield Nearing 5%

Posted by By 02/03/2023Posted inForex
Gold’s rally might be short-lived as US economic data continues to show evidence that inflation might be stickier than previously thought. XAU/USD turns to jobless claims data next.
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US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD

Posted by By 02/03/2023Posted inForex
Despite mixed data in recent days, the US dollar is holding ground as the ‘higher-for-longer’ theme solidifies. What is the outlook on some of the key USD pairs?
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Japanese Yen Flatlines Despite US Dollar Weakness. Will Treasury Yields Lift USD/JPY?

Posted by By 02/03/2023Posted inForex
The Japanese Yen has steadied to start the week while the US Dollar has slipped as monetary policy disparity between the BoJ and the Fed perseveres. Higher USD/JPY?
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Gold, Silver Technical Analysis: Precious Metals Rise as USD Retreats

Posted by By 01/03/2023Posted inForex
Gold and silver bounce higher from stern levels of support as the US dollar heads lower. Levels to watch going forward
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USD/JPY Retains Bullish Outlook, Fundamentals Undermine the Japanese Yen

Posted by By 01/03/2023Posted inForex
The U.S. dollar is likely to strengthen against the Japanese yen in the near term, driven by monetary policy divergence between the Fed and the Bank of Japan.
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Manufacturing PMI Rises but Stays in Contractionary Territory, US Dollar Pares Drop

Posted by By 01/03/2023Posted inForex
The U.S. dollar trims losses after ISM manufacturing PMI shows a sharp increase in prices paid, a sign that it may take longer for inflation to converge to the Fed’s…
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Breaking News: German CPI Misses Forecasts – Inflation Remains ‘Sticky’

Posted by By 01/03/2023Posted inForex
German inflation data has remained elevated, placing more pressure on the ECB to raise rates and take a more aggressive stance towards rampant price pressures.
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