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Dollar Breakout and S&P 500 Breakdown Don’t Project Conviction Into Next Week

Posted by By 17/02/2023Posted inForex
The technical levels were clear for the US-based S&P 500 and Dollar through the end of last week, and both tentatively earned a ‘break’ Friday. That said, follow through was…
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USD/JPY Outlook: Dollar Yen Jumps on Hawkish Fed & Rising Yields

Posted by By 17/02/2023Posted inForex
USD/JPY rises to above 135.00 after Fed officials push for higher rates. Loose monetary policy continues to weigh on safe-haven Yen.
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USD Price Forecast: Dollar Index (DXY) Reacting Favorably to Fed Speakers

Posted by By 17/02/2023Posted inForex
The U.S. dollar continues to gather momentum going into next week as we await the Fed’s Barkin later today. DXY eyes 105.
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EUR/USD Latest: Trendline Break and Rate Expectations Climb to 3.75%

Posted by By 17/02/2023Posted inForex
The euro, like many other USD crosses, has witnessed a crucial break of support as a wave of hawkish USD repricing takes hold after Fed talk of 50 basis points…
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British Pound (GBP) Latest: GBP/USD Slumps, a Victim of US Dollar Strength

Posted by By 17/02/2023Posted inForex
Cable (GBP/USD) is under pressure again, and nearing a break below 1.1900, as US Treasury yields soar to multi-month highs, boosting an already robust US dollar.
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AUD/USD Price Forecast: Hawkish RBA Unable to Arrest Slide, 200-Day MA in Focus

Posted by By 17/02/2023Posted inForex
AUDUSD printed a fresh 6-week low and is on course for its third successive day of losses. Can the 200-day MA provide support?
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What Past Global Recessions Can Teach Us About the Next One

Posted by By 17/02/2023Posted inForex
The second global economic downturn in a decade could be the dark legacy of 2023. What can we learn about what’s to come from past recessions?
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Gold Prices Remain Vulnerable Amid Hawkish Fedspeak and Further Hike Odds

Posted by By 17/02/2023Posted inForex
Gold prices extended losses during Friday’s Asia-Pacific trading session. Hawkish Fedspeak further pushed up bond yields, denting XAU/USD as it broke key technical levels.
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Momentum Slowing as the UK FTSE Index Scales to New Highs

Posted by By 17/02/2023Posted inForex
There is more evidence that upward momentum is slowing as the UK FTSE 100 index scales to record highs, raising the prospect of a pause / minor retreat in the…
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US Dollar Bumped Higher by Hawkish Fed and Blistering PPI. Higher USD?

Posted by By 17/02/2023Posted inForex
The US Dollar regained the ascendency after Federal Reserve speakers Mester and Bullard cited potential 50 basis points hikes in the pipeline. Will the DXY index keep going north?
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