New Zealand Dollar Technical Analysis: NZD/JPY, NZD/USD Rates Outlook
The New Zealand Dollar is turning lower as risk appetite deteriorates.
US Dollar Forecast: DXY Bull Flag Takes Shape; USD/JPY Range Continues
The US Dollar’s post-FOMC rally has continued.
Bitcoin Price Outlook: BTC/USD Bounces Back Despite a Strong US Dollar
Bitcoin prices have bounced back after a temporary retest of $20039. With rising US yields and a strong USD driving sentiment, how long can the range hold?
Monthly Forex Seasonality – November 2022: Stocks Rally, US Dollar Ranges, Gold Falls
The eleventh month of the year typically sees a more neutral environment for the US Dollar.
US Rates Surge Following Hawkish FOMC Hike – NFPs Eyed
US Treasury yields are pushing higher as the Fed says rates need to go higher than previously expected.
Crude Oil Price Forecast: Symmetrical Triangle Still Valid – What’s Next?
It’s been a sideways, rangebound environment for crude oil prices that appears likely to persist for the foreseeable future.
Australian Dollar Short-term Outlook: AUD/USD at Last Line of Defense
Australian Dollar is poised for a sixth daily decline with Aussie eyeing short-term uptrend support ahead of NFPs. Levels that matter on the AUD/USD technical charts.
USD Strength, Rising Yields Crush Stock Indices: Dax, Dow & FTSE Fall
The FOMC created turmoil for stocks after Fed Chair Jerome Powell announced that higher rates are likely to remain. As the US Dollar rips higher, Dax, Dow and FTSE fall.
EUR/GBP IG Client Sentiment: Our data shows traders are now net-short EUR/GBP for the first time since Oct 25, 2022 05:00 GMT when EUR/GBP traded near 0.87.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/GBP-bullish contrarian trading bias.
British Pound Breaks Down on BoE’s .75% Hike: GBP/USD, GBP/JPY
It was a sobering outlook from the Bank of England, warning of a ‘very challenging’ environment ahead for a U.K. economy that is already in recession.