EUR/USD Levels Off at Support Ahead of Key Fed Decision – Outlook & Analysis
This article looks at EUR/USD’s near-term outlook, examining potential technical scenarios ahead of the Fed decision next week.
US Dollar Closes in on Resistance, GBP/USD Testing Support, Interest Rate Decisions Near
The latest PPI report gave the US dollar a push higher on Thursday ahead of next week’s FOMC meeting.
FTSE 100 Drops Back from Eight-Month High, while Dow and Nasdaq 100 Hold Steady
The FTSE 100 has dropped back from the multi-month high seen this week, while US indices are looking to a flat open after losses yesterday.
Japanese Wages Rise to 30-Year High, Fueling BoJ Rate Speculation
Japan’s largest trade union group, Rengo, announced a 5.28% wage increase for its workers – supporting the view that the BoJ is likely to hike rates before the summer
US Dollar Soars on Inflation Risks as Fed Looms; EUR/USD, GBP/USD, USD/JPY Setups
This article provides an in-depth analysis of the outlook for EUR/USD, USD/JPY and GBP/USD, exploring various technical and fundamental scenarios that could play out in the near term.
IEA Revises Oil Demand Outlook, Tweaks Supply Estimates – Oil Rises
The International Energy Agency (IEA) revised its global oil demand growth by 110,000 barrels per day and trimmed back supply estimates. Oil trading higher on the day
British Pound Outlook & Market Sentiment – GBP/USD, GBP/JPY, EUR/GBP
This article scrutinizes retail sentiment on the British pound across three key FX pairs: GBP/USD, GBP/JPY and EUR/GBP, while also examining unconventional scenarios that challenge common crowd behaviors in the…
Gold Continues to Shine as FX Markets Await Crucial Japanese Wage Data
[2:55 PM] Richard Snow Teaser: Gold holds above the prior high, hinting at a bullish continuation while FX markets look ahead to crucial Japanese wage data that comes just in…
Gold Price Coils Further, Silver Hits a Multi-Week High
Gold is seemingly putting together a bullish pennant on the daily chart, while silver looks to push further ahead after Wednesday’s break of resistance.
Japanese Yen Slips A Little, But BoJ Policy Hopes Still Lend Support
Decades of ultra-loose monetary policy have put the Yen in a unique position among major currencies. But for how much longer?