Euro Jumps Ahead of EU GDP and German CPI as US Dollar Pauses. Where to for EUR/USD?
The Euro found some support today as the US Dollar paused, with growing geopolitical concerns boosting energy commodities. Will EUR/USD make new lows?
Gold Prices Extend Lower Amid Hawkish Fed, Geopolitical Tensions
Gold prices extended a 4-day losing streak as traders mulled a steeper curve for the Fed’s rate hike trajectory and a strong US Dollar. Russia-Ukraine tensions may cushion its downside…
Crude Oil Soars to New Heights Despite a Strong US Dollar. Where To For WTI?
Crude oil has continued its run upward as a perfect storm of geopolitical tensions, supply concerns and technical hedging pushes prices up. Will WTI go higher?
S&P 500 Rebound May Lead Nikkei 225 Higher, Hong Kong Trading Half-Day
US stocks rallied on Friday as Apple’s stellar results boosted market sentiment. The nonfarm payrolls report and a slew of tech earnings will be in focus this week. Chinese markets…
AUD/USD Cautiously Higher After China Manufacturing PMI. RBA Inbound
AUD/USD is probing higher after impressive Chinese PMI data. Aussie Dollar traders are eying tomorrow's Reserve Bank of Australia (RBA) policy decision.
Weekly Technical US Dollar Forecast: Bullish Breakout Gathering Pace
The US Dollar (via the DXY Index) broke its 2021 high and moved up to its highest level since July 2020 following the January Federal Reserve meeting.
Markets Week Ahead: Dow Jones, S&P 500, US Dollar, Gold, AUD/USD, EUR/USD, GBP/USD
The Dow Jones and S&P 500 recovered during a wild trading week. Will the US Dollar continue its rise and is gold at risk ahead of NFPs? All eyes are…
Fed Chair Powell unfazed by recent stock market rout, aggressive policy tightening priced in.
Fed Chair Powell unfazed by recent stock market rout, aggressive policy tightening priced in.
Euro Weekly Fundamental Forecast: EUR/USD Slide to Continue
The Euro has taken a beating this week after markets received confirmation of the new hawkish Fed. High impact data next week: GDP, inflation and the ECB rate decision
British Pound Technical Forecast: GBP/USD Sell-off Slides into BoE
Sterling plunged nearly 3% off the monthly highs with Cable on the ropes heading into the BoE / NFPs. A look at the levels that matter on the GBP/USD weekly…