British Pound Steadies Ahead of Fed and BoE as Markets Pause. Will GBP/USD Go Lower?
The British Pound levelled off against the US Dollar today as markets recalibrated ahead of key central bank meetings. Will GBP/USD downtrend continue?
Crude Oil May Fall as China Lockdown and Inventory Build Weigh on Prices
WTI crude oil prices rebounded on Wednesday after falling 12.8% over the prior two days. China’s Covid-related lockdowns may dampen the energy demand outlook. API reported a large build in…
EUR/USD Recovery Looks Fragile Amid War Risks as US Dollar Eyes FOMC
EUR/USD is cautiously rising for a third day despite worsening fighting in Ukraine as European leaders visit Kyiv. Tonight's FOMC may inject volatility into the currency pair and bolster the…
S&P 500, Dow Jones Outlook: Retail Traders Sell Before the Fed, Will Gains Follow?
The S&P 500 and Dow Jones may rise if retail investors continue increasing their short bets. All eyes are on the Federal Reserve with Wall Street indices down from their…
Gold Price Bubble Bursts as Real Yields Leap Ahead of the Fed. Where to for XAU/USD?
Gold has continued lower as a combination of commodity withdrawal, rising rates and a strengthening USD undermine it. Can XAU/USD find some footing?
Dow Jones Rebound May Lift Hang Seng Index. Crude Oil Fall, FOMC Meeting in Focus
Wall Street stocks climbed on Tuesday as falling crude oil prices alleviated inflation concerns. The Hang Seng Index may be positioned for a rebound after reaching a six-year low. The…
AUD/USD Grapples its 50-Day Simple Moving Average in APAC Trading as FOMC Nears
AUD/USD is trading at the 50-day Simple Moving Average as traders prepare for the potentially high-impact FOMC event tonight. Meanwhile, oil prices continue to fall on Chinese demand fears.
S&P 500 and Nasdaq 100 Soar, but Fed Could Kill Momentum. Another Dead Cat Bounce?
The S&P 500 and Nasdaq 100 rise on Tuesday amid widespread strength in the tech sector, but bulls may struggle to push the market higher if the Fed delivers a…
USD or Yuan: The Future of Currencies (and political power) | tastytrade clips
Victor and Chris jump into conversations about Ray Dalio's New World Order thesis, what the Russia Ukraine conflict says about currency power, the geopolitical power of China, and debate the…
USD/JPY on Cusp of Testing 2017 High with Fed Rate Hike on Tap
USD/JPY is on the cusp of testing the 2017 high (118.61) as the Federal Reserve is widely expected to deliver a 25bp rate hike.