AUD/USD Forecast: Aussie Dollar Caught Between U.S. and China Dynamics
AUD/USD remains relatively composed against a backdrop of conflicting factors ahead of tomorrow’s U.S. CPI.
USD/JPY Technical Outlook: How Much More Upside for the Japanese yen?
USD/JPY is at a crucial crossroad that could trigger a deeper setback in the near term. How deep could any pullback be for the Japanese Yen and what are the…
US Dollar Under Pressure as Treasury Yields Ease Ahead of US CPI. Where to for USD/JPY?
The US Dollar has continued to descend along with Treasury yields as the market weighs incoming midterm election results and the upcoming US CPI. Will USD/JPY break lower?
S&P 500, Volatility and Dollar Move from Midterms to CPI Anticipation While Crypto Shudders
The curb on broader market volatility from a thinned economic docket and anticipation for the US midterm elections will likely transition directly into CPI anticipation for Friday. But that doesn’t…
Gold and Silver Forecast: XAU, XAG at Key Technical Levels as US CPI Nears
Gold and silver prices are at key technical levels after rallying in the first half of the week as a US Dollar pullback improved conditions for the metals. The US…
New Zealand Dollar Technical Outlook: Now Facing Solid Resistance
The New Zealand Dollar has maintained a gradual ascent against the US Dollar. How much more is there to go and is the rebound from October a trend reversal for…
EUR/USD Clears October High to Eye September High
EUR/USD may attempt to test the September high (1.0198) as it clears the October high (1.0094).
Australian Dollar Steady as Yuan Wobbles after Chinese CPI and PPI Cools. Lower AUD/USD?
The Australian Dollar holds the high ground after China’s CPI and PPI was below forecasts but the Renminbi eased as hopes tilted toward an easing of conditions. Where to for…
Dow Jones, S&P 500 Outlook: Retail Traders Sell Wall Street, Rising Wedge in Focus
Retail traders have been selling the Dow Jones despite its recent rally. Is this a sign more gains might be in store for Wall Street? Meanwhile, the S&P 500 is…
USD/CNH Upside Eases Ahead of Chinese Economic Data: Asia-Pacific Outlook
The Chinese Yuan is in focus ahead of Chinese inflation data due today. US stocks closed higher after traders brushed off volatility in the cryptocurrency market. Copper resumed a technical…