Equities Outlook: Dow Jones, S&P and Nasdaq Lifted by Upbeat Earnings
The S&P 500 index, Dow Jones 30 and the Nasdaq 100 are attempting to reverse the recent slump after the FOMC minutes and Nvidia earnings helped lift sentiment.
Crude Oil Update: Anticipated EIA Stock Build Favors Current Trading Range
Stock builds in the US and a stronger dollar may be offset by production cuts in Russia and the China reopening effect. However, rising rates raise concern over demand
GBP/USD Wilts Toward Key Retracement As Rate Prospects Support USD
Economic fragility in the UK and the prospect of higher interest rates for longer in the US add up to a toxic mix for Sterling bulls
EUR/USD on a Knife Edge as Eurozone Core Inflation Ticks Higher
EZ core inflation hits record in January with EURUSD surrendering the 1.0600 handle. Further downside looking ever more likely. 1.0500 incoming?
AUD Price Forecast: Aussie at Key Inflection Point Post-FOMC
The Australian dollar is now testing the 0.68 handle but technical analysis could suggest a reversal to the upside for the AUD.
Gold Price Action Setup: Deciphering the Trend
While the outlook varies depending on the timeframe of reference, gold appears to be in a consolidation phase within a bullish phase on the daily charts. What are the signposts…
US Dollar Slides After FOMC Boost as Hikes Get Baked in. Is There a New Trend for USD?
The US Dollar reclaimed the ascendency overnight before slipping today after the FOMC minutes confirmed the perception of upcoming hikes. Is the DXY (USD) Index starting a new trend?
Japanese Yen Depreciation Pauses as Clouds Linger. Higher USD/JPY?
The Japanese Yen has consolidated against the US Dollar as indicators might suggest that momentum could unfold if key levels are overcome. Is there a new trend in USD/JPY?
Palladium Price Outlook: Triangle Breakout May Hint at Another Weekly Loss
Palladium prices could be heading for a third weekly loss after the rate metal broke under an Ascending Triangle chart pattern on the 4-hour setting. What are key levels to…
US Dollar Rallies as Fed Minutes Point to More Hikes amid Upside Inflation Risks
The U.S. dollar, as measured by the DXY index, extended session gains after FOMC minutes showed that policymakers continue to anticipate additional rate hikes to contain inflation.