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Markets Week Ahead: US Dollar, Euro, Japanese Yen, Australian Dollar, RBA, NFPs

Posted by By 30/07/2023Posted inForex
The US Dollar mostly outperformed this past week as the Euro and Japanese Yen fell. Ahead, eyes are on the RBA for the Australian Dollar and US non-farm payrolls data…
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Crude Oil Forecast: Attention Shifts to OPEC Production Cuts

Posted by By 29/07/2023Posted inForex
Brent crude oil prices look to next week with forward momentum as markets await further information from OPEC their production projections for September.
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Will NFP and Services PMI Extend Hot Streak in US Data? BoE and RBA Next

Posted by By 28/07/2023Posted inForex
Three major central banks, the Fed, ECB and BoJ communicated their latest policy decisions with Japan making tiny strides towards normalisation. In this discussion Nick and Richard analyse the potential…
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USD/ZAR Shrugs Off Resurgent Dollar, Eyes Break of 17.50 Support

Posted by By 28/07/2023Posted inForex
The recent Dollar resurgence has failed to Hamper the South African Rand. Is this the start of a longer-term downtrend for USD/ZAR?
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Fed’s Favorite Inflation Gauge Slows More than Expected in June, US Dollar Subdued

Posted by By 28/07/2023Posted inForex
U.S. personal consumption expenditures accelerated in June, but core PCE inflation surprised slightly to the downside, creating a complex backdrop for the U.S. dollar.
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Gold, Silver Look for Support After Strong US Growth Propels the Dollar Higher

Posted by By 28/07/2023Posted inForex
A massive upside beat in second quarter GDP out of the US left the door open for USD bulls to drive the market higher. Metals now trade lower ahead of…
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Euro Stumbles Against a Resurgent US Dollar and Japanese Yen – EUR/USD and EUR/JPY Latest

Posted by By 28/07/2023Posted inForex
Strong US economic data, a slight shift of focus by the BoJ, and a mildly dovish ECB are driving EUR/USD and EUR/JPY sharply lower.
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Dax Hits New Intraday Record, Dow Edges Higher, Nikkei Holds on After BoJ Decision

Posted by By 28/07/2023Posted inForex
​​The Dax rallied to a fresh intraday high yesterday, while the Dow is moving up once more. The Nikkei rallied off its lows after the mixed signals created by the…
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AUD/USD Price Forecast: Double Top Breaks Aussie Dollar

Posted by By 28/07/2023Posted inForex
AUD has suffered at the hands of a strengthening US dollar while Australian retail sales shows a slowing economy as rates hamper consumer spending.
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US Dollar in the Crosshairs as BoJ Tilts Post ECB and Fed Decisions. Lower USD/JPY?

Posted by By 28/07/2023Posted inForex
The US Dollar ascendency got back on track after a tumultuous few trading sessions that has seen most of the major global central banks have their say of the future…
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