EUR/USD Crumbles to a 9-Month Low, Breaks Below 1.1700
Hints from the FOMC that they are getting closer to tapering have sent EUR/USD tumbling through prior strong support at 1.1700.
US Dollar Higher as FOMC Minutes Put QE Taper into View. Onward and Upward?
The US Dollar strengthened in the APAC session against the major currencies and commodities. The strong Australian jobs number may not be enough to hold up AUD/USD.
Dow Jones, S&P 500, DAX 30 Forecasts: Technical Analysis, Retail Bets Flash Warnings
The Dow Jones, S&P 500 and DAX 30 could be at risk amid a combination of contrarian positioning signals and technical analysis warnings. What are key levels to watch for…
Gold Prices Drop as US Dollar Approaches Fresh 2021 High
Gold prices dropped as APAC traders digested the FOMC minutes, causing the US Dollar to rise near its yearly high. Traders eye the upcoming Jackson Hole symposium.
Australian Dollar Gains on Jobs Data Beat, Will AUD/USD Rally Continue?
The Australian Dollar rose after a stellar jobs report saw Australia add more jobs than expected as the unemployment rate declined to 4.6% from 4.9%. Will the AUD/USD rally continue?
S&P 500 Falls as FOMC Minutes Hint at Tapering, Hang Seng May Rebound
Major US indices fell on Wednesday after the FOMC meeting minutes hinted at scaling back asset purchases before the end of this year. The DXY US Dollar index climbed. Asia-Pacific…
Swiss Franc Technical Analysis: USD/CHF, EUR/CHF, CHF/JPY, NZD/CHF
The Swiss Franc has been mixed in 2021 against G10 peer currencies. Here are technical setups for USD/CHF, EUR/CHF, CHF/JPY, and NZD/CHF.
NZD/USD Dives After Covid Woes Delay RBNZ Hike, Focus Shifts to AU Jobs Report
The New Zealand Dollar traded sharply lower after a snap lockdown forced the RBNZ to surprise markets with a rate hold. Traders are now shifting focus to Australia’s July jobs…
US Dollar Technical Analysis: DXY Index Doji at Triangle Resistance; USD/JPY Struggles Out of Wedge
The US Dollar (via the DXY Index) briefly pushed up to fresh monthly highs before the July FOMC minutes undercut price action.
Oil Price Slides Towards July Low as US Output Rises for Second Week
The price of oil is on the cusp of taking out the July low ($65.01) as US production increases for the second straight week.