USD/JPY Rangebound with US Data Likely to Provide Near-Term Direction
USD/JPY continues to struggle for any clear direction. US CPI data due tomorrow is likely to provide some guidance ahead of the FOMC on Wednesday.
Gold Price Outlook – All Eyes on the Federal Reserve for Guidance
The precious metal, along with a host of other financial markets, is trapped in a range ahead of the eagerly awaited US Federal Reserve rate decision.
GBP Breaking News: Pound Undeterred by UK GDP Beat Due to Strike Action
GBP/USD is on the backfoot this morning despite positive UK GDP numbers, with private and publics sector strike action hurting sentiment.
Euro Dips as the US Dollar Firms Post PPI and Ahead of CPI. Will EUR/USD Break Higher?
The Euro backed away from recent peaks against the US Dollar in a busy week of data and central bank meetings, including the Federal Reserve. Where to for EUR/USD?
US Dollar Technical Outlook: USD/SGD, USD/PHP, USD/THB, USD/IDR. Will Support Hold?
The US Dollar was able to put the breaks on gains ASEAN currencies have been experiencing in recent weeks. USD/SGD, USD/PHP, USD/THB and USD/IDR all face key support. Will these…
Australian Dollar Slips to Open the Week but Remains in the Range. Where to for AUD/USD?
The Australian Dollar dipped on Monday on US Dollar strength, but the range appears to be in play with technical levels in AUD/USD and AUD/JPY not far away. Will AUD/USD…
Markets Week Ahead: Dow Jones, US Dollar, Gold, Euro, British Pound, Fed, ECB, BoE
The Dow Jones and Nasdaq 100 fell as market volatility came back. Ahead, will the Fed disappoint dovish expectations? All eyes are on the US Dollar and gold. The Euro…
Gold (XAU/USD) Forecast: Recent Gains May Come Under Pressure as US Data Takes Center Stage
Gold has struggled to find acceptance above the 200-day MA and $1800 key level. Next week’s data releases are likely to define the medium-term direction for the precious metal.
USDJPY, EURJPY and NZDJPY Support Different Technical Scenarios
We are coming into the final bursts of potential volatility for the year with USDJPY in the midst of a possible long-term trend change. What is possible for this pair…
Dollar Forecast Loaded with Volatility Potential but Can It Find a Trend?
The week ahead is jam-packed with high profile US event risk – anchored by the top listing of a FOMC rate decision. The Dollar is significantly off its multi-decade highs…