US Dollar Ascending Triangle: FOMC Forecasts Push USD Breakout Potential
The US Dollar is testing resistance around the 2021 high, and with the Q4 open nearing, the door may be opening for a big end-of-year for the USD.
USD/ZAR Outlook: Rise in U.S. Treasury Yields Limit Rand Appetite
The week is off to a roller-coaster start as U.S. Treasury yields surge causing an initial uptick in the USD/ZAR pair. Rand remains under pressure as local treasury concerns ascend…
Oil Price Forecast: Crude Stages Five Day Rally to Eye July High
The price of oil appears to be on track to test the yearly high ($76.98) as crude stages a five day rally for the first time since January.
USD/CAD Technical Outlook: Chart at Support
USD/CAD sitting on support amidst a choppy uptrend, will respect until broken.
Breaking News: US Durable Goods Orders Beat Estimates, DXY Remains Elevated
US durable goods orders drastically outperformed expectations of 0.7%, printing at 1.8%. We take a look at the immediate DXY reaction
US Dollar Technical Outlook: Nearing an Important Test
The DXY continues to look poised for higher levels, but has an important test near that could shape the intermediate-term outlook.
Gold Price Forecast: Fed Speakers in Focus For Taper Timeline Clues, XAU/USD Weaker
XAU/USD is struggling to attract buying momentum as yields continue to pick up
German Election Latest: EUR/USD Muted Following Election Results
German Election Results Show Win for SPD. Traffic Light Coalition Most Likely Outcome.
British Pound (GBP) Forecast: GBP/USD Weighing Up Different Fundamental Drivers
The British Pound is under pressure from domestic problems as fuel shortages continue, hampering UK growth prospects.
Norwegian Krone Jumps as Euro Awaits German Election Results. Will Energy Continue to Surge?
The Norwegian Krone led commodity FX gains amid higher oil prices while an undecided German election left the Euro adrift. Will energy prices continue building?