USD/ZAR Price Forecast: Lower SA CPI and Commodity Prices
The Rand struggles to capitalize on a softer dollar as lower CPI figures and softer SA-linked commodity prices fail to boost the Rand
Euro Forecast: EUR/USD Bid Ahead of FOMC
EUR/USD hits its stride to the upside after Russian de-escalation, while hawkish comments by the ECB’s Villeroy adds to Euro strength. Upcoming FOMC in focus.
UK Inflation Hits a Fresh 30-Year Peak, GBP/USD Edges Higher
Price pressures in the UK continue to increase, ratcheting up pressure on the central bank to act decisively in March.
Canadian Dollar Holds Ground Despite Lower Crude Oil Prices. Where To For USD/CAD?
The Canadian Dollar has held up in the face of lower crude oil prices as the US Dollar fades on decreasing risks. Can USD/CAD break the recent range?
Gold Prices Fall as Ukraine Tensions Ease, FOMC Minutes in Focus
Gold prices fell after Moscow said that some of its troops are returning to their bases, hinting at de-escalation of the Ukraine crisis. Investors are also eyeing Wednesday’s release of…
US Dollar Outlook: Will AUD/USD and NZD/USD Rise as Retail Traders Sell?
The US Dollar is receiving some love from retail traders, boosting short exposure in AUD/USD and NZD/USD. Could this spell further strength for these pairs?
EUR/USD Eyes Economic Data, ECB Speakers as Russian Tensions Subside
The Euro gained versus most peers overnight after Russia reportedly pulled some troops from the Ukrainian border, easing tensions slightly. EUR/USD eyes ECB speakers and industrial production.
Dow Jones Rebounds on Eased Ukraine Tensions, APAC Stocks May Advance
Wall Street stocks rebounded on Tuesday after Russia said that some troops have been withdrawn from the Ukraine border. Crude oil prices pulled back sharply. Asia-Pacific markets look set to…
AUD/USD, USD/CNH Eye Chinese CPI and PPI Data After Wall Street Gains
The Australian Dollar gained versus the US Dollar overnight after tensions in Ukraine appeared to cool. APAC traders await Chinese CPI and PPI data as the risk-on mood looks set…
USD/JPY Stages Another Attempt for 2022 Opening Range Breakout
USD/JPY may stage another attempt to break out of the yearly opening range as the US Retail Sales report is anticipated to show a sharp rebound in household spending.