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EUR/USD and EUR/JPY Trend Hinges on Fed, ECB and BoJ Outlook; Volatility Ahead

Posted by By 24/07/2023Posted inForex
EUR/USD and EUR/JPY could experience increased volatility ahead of key events later this week, including monetary policy announcements from the Fed, the ECB and the Bank of Japan.
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S&P 500, Nasdaq: Big Tech Earnings and FOMC to Dominate a Busy Week

Posted by By 24/07/2023Posted inForex
Stocks began the week in a rather timid fashion as markets await massive event risk in the form of Fed and ECB rate decisions. US PCE to advance disinflationary progress
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Japanese Yen Forecast: USD/JPY Fumbles Ahead of Fed and Bank of Japan Decision

Posted by By 24/07/2023Posted inForex
The Fed and BoJ monetary policy announcement later this week will be key in determining the near-term directional bias of USD/JPY.
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UK, EURO PMI Disappoints, Will it Rekindle Recessionary Fears?

Posted by By 24/07/2023Posted inForex
UK, EURO PMI Disappoints, Will it Rekindle Recessionary Fears?
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GBP/USD Sinks as UK PMI Disappoints, EUR/GBP Eyes Bearish Continuation

Posted by By 24/07/2023Posted inForex
Cable struggled this morning as UK PMI painted a concerning picture with rising interest rates clearly starting to take a toll on the UK economy. Tough job ahead for the…
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Gold (XAU/USD) Price Action Sidelined For Now as Multiple High Risk Events Near

Posted by By 24/07/2023Posted inForex
Gold is treading water at the start of a week packed full of potential high impact risk events.
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​​FTSE 100 & Dow Hold up Well After Gains, While Dax Remains in Consolidation Mode​

Posted by By 24/07/2023Posted inForex
​​The FTSE 100 and Dow have started the week well after their recent surges, while the Dax is still moving sideways. ​
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Euro Breaking News: Dreadful German PMI Pushes EUR/USD Below 1.11

Posted by By 24/07/2023Posted inForex
The euro immediately sold off after German PMI’s missed forecasts ahead of the ECB’s highly anticipated rate announcement later this week.
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US Dollar Holds the High Ground Ahead of Fed, ECB and BoJ Meetings. Higher USD?

Posted by By 24/07/2023Posted inForex
The US Dollar ascendency got back on track last week as markets eye Wednesday’s Federal Reserve rate decision ahead of the ECB and the BoJ’s meetings. Will the DXY (USD)…
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New Zealand Dollar Ahead of Fed Rate Decision; NZD/USD, AUD/NZD, EUR/NZD Price Setups

Posted by By 24/07/2023Posted inForex
The New Zealand dollar is holding its recently established ranges against some of its peers. What is the outlook for NZD/USD, AUD/NZD, and EUR/NZD?
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