Breaking News: GBP/USD Bounces as UK Unemployment Rate Holds Firm
The UK labor market displayed resilience despite a worsening economic outlook. Wage growth likely to remain a concern for the Bank of England in its fight to tame inflation.
Which Way for S&P 500 and Nasdaq 100 Index After US CPI Data?
Barring any immediate spike in volatility after the US inflation data release US equities appear to be gearing up for another leg higher. What are the key levels to watch…
Gold Prices Turn to US CPI Report, Will Softer Inflation Rekindle XAU/USD?
Gold prices extended losses on Monday heading into a hotly anticipated US CPI report. Will a softer inflation surprise reverse the yellow metal’s recent misfortune?
Natural Gas Price Setup: Is it Beginning to Build a Base?
It may be too soon to conclude that the worst for US natural gas prices is over. But a minor rebound or an extended range is plausible in the interim.…
Australian Dollar Trends Remain Intact Despite Some Stalls. Where to for AUD/USD?
The Australian Dollar has rallied against the US Dollar and the Japanese Yen to start the week. What are the technical indicators saying about the trend for AUD/USD and AUD/JPY?
US Dollar Price Action Setups: EUR/USD, AUD/USD, USD/JPY, GBP/USD
Despite recent consolidation, the broad US Dollar technical landscape remains bullish against most of its major peers. What are key levels to watch for EUR/USD, AUD/USD, USD/JPY and GBP/USD?
Dow and Dollar: What is the Potential for Volatility and Trend from CPI Update?
Two of the largest representatives of market health – the Dow and the Dollar – are facing both technical resistance and the potential of volatility from the impending US CPI…
US Crude Oil and USDCAD Push Synched Range Swings Ahead of US CPI
Congestion is a common affliction across the financial markets, but expectations for a CPI volatility punch is high. For crude oil’s and USDCAD’s broad ranges, how much potential is there…
EUR/USD, Gold & Nasdaq 100 Setups Ahead of US Inflation Data. What to Expect?
The January US inflation report will help guide the Fed's path. The FOMC's tightening trajectory, in turn, may offer clues on EUR/USD, gold prices and Nasdaq 100’s short-term directional bias.
US Dollar Subdued as US Inflation Expectations Little Changed, CPI Data Ahead
U.S. inflation expectations were little changed in January according to a New York Fed survey, but the data was largely ignored as traders await the latest CPI report to be…