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Oil Outlook: Russia – Ukraine One Year of Conflict Boosts WTI & Brent

Posted by By 24/02/2023Posted inForex
Russia, Ukraine conflict reaches one year mark, adding pressure to the oil trajectory over the next year.
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US Core PCE Rises 4.7% vs 4.3% Forecast, Inflation Pushes Back

Posted by By 24/02/2023Posted inForex
A series of stubborn prices pressures via hotter CPI and PPI readings warned of a slowdown of the disinflation trend. However, January’s data supports the Fed’s warnings
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USDJPY Inches Up Incoming BoJ Head Suggests Continuity With Kuroda

Posted by By 24/02/2023Posted inForex
The Japanese Yen slipped back a little despite more strong inflation numbers as the man set to take over at the Bank of Japan offered little prospect of major changes
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Euro Price Forecast: German GDP Dampens Strong EZ Data This Week, US Core PCE in Focus

Posted by By 24/02/2023Posted inForex
EUR/USD eyes US core PCE later today which may test the lower bound of the developing falling wedge pattern should inflation prove sticky.
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Gold Price Forecast: Bulls Face a Challenge Ahead US PCE Data

Posted by By 24/02/2023Posted inForex
Spot gold continues to struggle after printing a fresh 7-week low yesterday. Can the US PCE data provide a catalyst and reignite an upside rally?
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British Pound Price Setup: GBP/USD Looks Fragile Ahead of US PCE Data

Posted by By 24/02/2023Posted inForex
GBP/USD is looking vulnerable as it tests crucial support ahead of the US PCE price index data. What is the outlook and what are the key levels to watch?
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US Dollar Price Action Setups: AUD/USD, EUR/USD, USD/JPY, GBP/USD

Posted by By 24/02/2023Posted inForex
The US Dollar remains in a broadly bullish setting. AUD/USD faces a bearish Head & Shoulders while EUR/USD turns to a Death Cross. USD/JPY is eyeing a Golden Cross while…
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Natural Gas Prices Rally the Most Over 2 Days Since November, Eyes on Resistance

Posted by By 24/02/2023Posted inForex
Natural gas prices finally received a break as the heating commodity rallied the most over 2 days since early November. Still, the broader downside technical bias remains in play.
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Bitcoin Falls as Nasdaq 100 Scores Wild Swings amid Fed Jitters, US PCE Data Ahead

Posted by By 23/02/2023Posted inForex
Bitcoin falls for a third straight session as risk assets swing wildly amid heightened uncertainty over the Fed's monetary policy outlook ahead of U.S. PCE data before the weekend.
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EUR/USD Subdued as US Dollar Retains Upper Hand, Gold Can’t Shake Off the Blues

Posted by By 23/02/2023Posted inForex
The U.S. dollar extends its rebound following the release of the FOMC minutes on Wednesday, reinforcing the short-term negative bias in the euro and gold prices.
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