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Euro Snapshot Ahead of the FOMC Rate Decision, EUR/USD EUR/JPY

Posted by By 26/07/2023Posted inForex
EUR/USD appears to have stabilized ahead of the FOMC statement while EUR/JPY hints at a potential breakdown and the Japanese yen gains in popularity ahead of BoJ meeting
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WTI and Brent Take a Pause Ahead of the Fed, Fireworks Ahead?

Posted by By 26/07/2023Posted inForex
Oil prices appear to have run out of steam as the recent rally hovered in overbought territory yesterday before a pullback this morning. Will the Fed deliver fireworks later this…
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Fed Ahead as the Dollar Index Appears Vulnerable

Posted by By 26/07/2023Posted inForex
An interesting day thus far as Australian Inflation continued its downward trajectory while Japanese Business sentiment improved. The Fed lies ahead with the Dollar Index looking susceptible to further downside.…
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S&P 500, Nasdaq Update: US Stocks Ease Ahead of FOMC Despite Positive Earnings

Posted by By 26/07/2023Posted inForex
US equity futures point to a softer start at the open ahead of the FOMC rate announcement. Solid Q2 results from Microsoft and Alphabet unable to lift the index
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British Pound (GBP) Turns Positive: GBP/USD and EUR/GBP Latest

Posted by By 26/07/2023Posted inForex
The British Pound is turning higher against the US dollar ahead of the FOMC meeting later today, while the recent EUR/GBP sell off as stalled.
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FTSE 100 and Dow Looking Strong but Dax Struggling Again​​​​

Posted by By 26/07/2023Posted inForex
Given the major events happening in global markets this week it is perhaps not surprising to see indices relatively muted in early trading, though the FTSE 100 continues to hold…
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USD/JPY, EUR/JPY Delicately Poised Ahead of Central Bank Week

Posted by By 26/07/2023Posted inForex
The Yen enjoyed a slight uptick to start the week. Will the Fed and ECB rate decisions increase the likelihood of FX intervention by the BoJ?
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Could the Fed Trigger a Deeper Retreat in Bitcoin & Ethereum? BTC/USD & ETH/USD Price Action

Posted by By 26/07/2023Posted inForex
This week’s drop makes Bitcoin and Ethereum vulnerable to any hawkish tone from the FOMC meeting later Wednesday. What are the key levels to watch in BTC/USD and ETH/USD?
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Gold Prices Rise, but Fed Chair Powell Will Likely Keep Life Difficult for XAU/USD

Posted by By 26/07/2023Posted inForex
Gold prices took a shot towards the upside heading into the Federal Reserve interest rate decision. While optimistic, Chair Jerome Powell and company may continue making life difficult for XAU/USD.
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Crude Oil Price Eases After Solid Rally as US Dollar Eyes the Fed Ahead. Higher WTI?

Posted by By 26/07/2023Posted inForex
Crude oil dipped slightly to start Wednesday as the market looks to the Fed meeting later today for hints on the direction of the US Dollar and Treasury yields. Where…
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