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US Inflation Figures, EURUSD Outlook, and Key JPY Trades with John Kicklighter and Pete Mulmat

Posted by By 09/02/2022Posted inForex
On the first Wednesday of every month, DailyFX's Global Head of Content, John Kicklighter, and CEO of IG U.S. Pete Mulmat meet at 9:30a EST to discuss some of John's…
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Canadian Dollar Technical Forecast: USD/CAD Gearing up for the Break

Posted by By 09/02/2022Posted inForex
The Canadian Dollar tug-of-war continues as USD/CAD contracts within the January range. Loonie levels that matter on the weekly chart ahead of key inflation data.
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US Dollar Price Action Pre-CPI: EUR/USD, GBP/USD, USD/JPY

Posted by By 09/02/2022Posted inForex
The US Dollar is holding near lows ahead of a CPI print expected to release at 40-year highs. But last month's 7% CPI print did little to excite bulls -…
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AUD Technical Outlook: AUD/USD Nearing Point of Interest as Rally Extends

Posted by By 09/02/2022Posted inForex
AUD/USD held major support not long ago and is now on its way to an important test of trend resistance that may shape the near-term outlook.
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Gold (XAU/USD) Price Forecast: US CPI to Lift Gold Volatility?

Posted by By 09/02/2022Posted inForex
Gold prices continue to rise as inflation and Russia-Ukraine tensions continue. Lower gold volatility however, may open the door to a continuation of the long-term range
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British Pound (GBP) Forecast – GBP/USD Pushing Higher Ahead of Heavyweight Data Releases

Posted by By 09/02/2022Posted inForex
Sterling is grabbing a small bid against the US dollar, aided by resilient UK bond yields, as traders await US CPI and UK GDP releases.
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EUR/USD Forecast: Euro Shrugs Off German Balance of Trade Miss

Posted by By 09/02/2022Posted inForex
The Euro grew stronger this morning post-German trade data, while the ECB’s Schnabel may add fuel to the EUR/USD fire later today ahead of tomorrow’s US CPI.
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British Pound Steadies Ahead of US CPI as the US Dollar Pauses. Where To For GBP/USD?

Posted by By 09/02/2022Posted inForex
The British Pound has consolidated so far this week as the market anxiously awaits US CPI on Thursday for clues about the Fed's actions. Will GBP/USD rally further?
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Gold Prices Extend Higher Amid Inflation Concerns, Geopolitical Unrest

Posted by By 09/02/2022Posted inForex
Gold prices extended higher to above $1,828, buoyed by rising inflation concerns and heightened geopolitical tensions. Investors are also eyeing Thursday’s US CPI data for clues about the Fed’s tig...
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Crude Oil Eases on JCPOA Restart but Bears Face Off Against Heavy Backwardation

Posted by By 09/02/2022Posted inForex
Oil prices ease in APAC trading, extending an overnight drop as JCPOA talks resume, adding the prospect for additional supply onto energy markets. But bears are up against a heavily…
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