US Dollar Technical Analysis: Nearing Very Long-term Resistance
The DXY finally broke out of its trading range and is now nearing a trend-line dating back to 2001; levels, lines & scenarios to watch.
GBP Forecast Q2 2022: The Bank of England's Inflation and Growth Puzzle
The Bank of England (BoE) is expected to raise UK interest rates further in the second quarter of 2022 as the UK central bank tries to stem soaring prices pressures.…
EUR/USD Price Outlook: EUR Receives a Lift after Macron’s First Round Victory
The euro starts the week higher as Macron takes the lead in the French elections. All eyes on the ECB for hawkish clues as rate differentials weigh on the currency
British Pound (GBP) Technical Outlook: Cable Revisits 1.30 After Soft Economic Data Release
GBP/USD price action shows traders flirting with the significant 1.30 level for a second time in 2022, while focus shifts to key US and UK economic data tomorrow.
Japanese Yen Forecast: USD/JPY Surge Persists As Bond Yields Hit Fresh Highs
Firmer bond yields and BoJ calm over weaker Yen keeps USD/JPY bullish.
Euro Challenged as US Dollar Skips Up on Higher Treasury Yields. Where to For EUR/USD?
The Euro may have got a reprieve from the French election potentially being resolved, but a strong US Dollar has dominated. Will EUR/USD break lower?
Indian Rupee and Nifty 50 Rise Face Key Technical Tests in the Week Ahead
The Indian Rupee has been gaining alongside the Nifty 50. Now, both the USD/INR and the index face key technical levels to see if their momentum can last in the…
Markets Week Ahead: Dow Jones, USD, Euro, Canadian Dollar, CPI, ECB, BoC, French Election
A busy week is ahead for the Dow Jones, US Dollar, Euro, Canadian Dollar, gold and crude oil. US inflation, the ECB and BoC rate decisions, as well as the…
Australian Dollar Forecast: AUD/USD Eyes China CPI Ahead of Event-Heavy Week
AUD/USD is in focus as Asia-Pacific trading kicks off for the week. The lockdowns in Shanghai are under watch as traders prep for several potential high-impact events, including Chinese CPI…
S&P 500 Forecast: Rising US Consumer Prices to Drag on Risk Appetite
Fresh data prints coming out of the US may drag on the S&P 500 index as the Consumer Price Index (CPI) is expected to increase for the seventh consecutive month.