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Gold Price Steadies on US Dollar Weakness Ahead of US CPI. Where to for XAU/USD?

Posted by By 08/11/2022Posted inForex
Gold has meandered higher in a period of US Dollar weakness as the market assesses the prospects for forward-looking inflation expectations ahead of US CPI. Higher XAU/USD?
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AUD/USD to Stage Another Run at October High on Break Above Monthly Opening Range

Posted by By 08/11/2022Posted inForex
AUD/USD may stage another run at the October high (0.6547) if it clears the opening range for November.
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Canadian Dollar Technical Analysis: USD/CAD Head & Shoulders Chart Pattern in Focus

Posted by By 08/11/2022Posted inForex
The Canadian Dollar may rise against the US Dollar as a Head & Shoulders chart pattern. Meanwhile, retail traders flipped net-long USD/CAD for the first time since September, is that…
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USD/JPY Biased to Downside as Japan FX Reserves Remain Plentiful

Posted by By 08/11/2022Posted inForex
The Japanese Yen looks poised for additional strength against the US Dollar after intervention measures leave Japan’s foreign reserve deposits around $941 billion.
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Oil Price Eyes 200-Day SMA After Clearing October High

Posted by By 07/11/2022Posted inForex
The price of oil may attempt to test the 200-Day SMA ($97.87) as it clears the October high ($93.64).
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S&P 500 Climbs Ahead of US Midterm Elections, Inflation Data. What to Expect?

Posted by By 07/11/2022Posted inForex
The S&P 500 gains at the start of the week ahead of high-impact events in the coming sessions, such as the U.S. midterm elections on Tuesday and the October U.S.…
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FX Week Ahead – Top 5 Events: China, Germany, US Inflation Rates; US Midterm Elections; UK GDP

Posted by By 07/11/2022Posted inForex
The first week of November is all about central banks.
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Gold Price Forecast: Bottoming Potential Regains Validity – Levels for XAU/USD

Posted by By 07/11/2022Posted inForex
Gold prices are benefiting from the weaker US Dollar.
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Fedspeak for the Week Ahead

Posted by By 07/11/2022Posted inForex
Fedspeakers are back out in force this week following last week’s policy meeting. Here’s what to watch.
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British Pound Gains but Outlook Still Bleak, GBP/USD Eyes US Inflation for Cues

Posted by By 07/11/2022Posted inForex
The British pound is off to a strong start to the week, supported by broad-based weakness in the U.S. dollar and positive newsflows regarding China’s zero-covid policies.
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