DXY Index Poised Ahead of US CPI as Crude Oil Steadies. Where to for US Dollar (DXY)?
The DXY Index representing the US Dollar has consolidated this week. The markets are eagerly awaiting US CPI data. What does it have instore for USD?
EUR/USD Forecast: Euro Up Amid EU Bond Rout But US CPI Threatens Rally
EUR/USD is up over 1.5% this month, supported by a sovereign debt rout that may push yields across Europe further above the zero mark. The US CPI report may charge…
Dow Jones Rises Before US Inflation Data, Will Straits Times Index Reach 2018 Peak Next?
The Dow Jones rallied on Wall Street ahead of the US CPI report. Will a rising interest rate environment offer the Straits Times Index the momentum to reach 2018 highs?
AUD/USD Gains Alongside Dow Jones as APAC Traders Eye China Yuan Loans, US CPI
AUD/USD rose overnight, putting in a third daily gain, as Wall Street stocks surged amid improving sentiment. China's new Yuan loans for January may cross the wires today as investors…
Crude Oil Price Pulls Back to Generate RSI Sell Signal
The price of crude oil may face a larger pullback as the Relative Strength Index (RSI) falls back from overbought territory to indicate a textbook sell signal.
Nasdaq 100 Rallies as FOMO prevails Over Fed Anxiety ahead of Key US Inflation Report
Nasdaq 100 surges amid improved risk appetite, but falls short of reclaiming its 200-day SMA decisively, a sign that the underlying bias remains slightly bearish ahead of U.S. CPI data.
Stock Market Earnings – Disney and Uber Rise on Upbeat Corporate Results
Disney and Uber reported quarterly corporate earnings results after the closing bell on Wednesday, impressing investors enough to push prices higher in after-hours trading.
EUR/USD Rate Susceptible to Larger Pullback on Another Rise in US CPI
Fresh developments coming out of the US may influence EUR/USD as inflation is expected to increase for the fifth consecutive month.
Gold Price Forecast: Nearing Triangle Resistance – Levels for XAU/USD
Gold prices have rallied in seven of the past eight sessions.
USD/JPY Loses Steam Ahead of US CPI, Key Levels to Watch
The Japanese Yen remains under pressure against the US Dollar as investors await the US CPI print. Rising yields and a more aggressive Fed support the greenback.