S&P 500 Loses Steam After Robust Friday Rally – FOMC in Focus
Equities pull back as traders await the Fed, PMIs, and NFP data later this week.
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
The US Dollar is climbing after completing a double top formation last week, and focus shifts to the Fed's Wednesday rate decision as markets try to see what's around the…
FTSE 100 IG Client Sentiment: Our data shows traders are now net-short FTSE 100 for the first time since Sep 16, 2022 when FTSE 100 traded near 7,260.30.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bullish contrarian trading bias.
EUR/USD Technical Outlook is in Limbo, Clarity Should Come Soon
The Euro remains in a strong downtrend, but shows signs it may have more room to recovery; tough spot for traders but this week should clarify.
XAU/USD Faces Renewed Selling Pressure as FOMC Beckons
Spot gold recorded its seventh consecutive month of losses. Can we stave off a drop below $1600?
Euro Breaking News: Stagflation Recurs With Contracting EZ GDP & Record Core CPI
EUR/USD remains conflicted as declining economic growth couples with rampant inflation to further thwart matters for the ECB.
British Pound Latest: GBP/USD Caught Between The Fed and The BoE
A quiet start to what will be a busy week with three major central bank decisions and the monthly US jobs report.
The Russell 2000 Index Explained for Traders
Read our article to learn more about the Russell 2000 Index
AUD/USD Forecast: Aussie Inflationary Landscape A Cause for Concern
The Australian dollar is trading marginally stronger this morning after solid retails sales numbers complicate the RBA’s rate decision tomorrow.
EUR/USD Technical Outlook: Euro Upside Capped?
Has EUR/USD broken higher? How much more upside in the single currency? What is the medium-term outlook and the key levels to watch?