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US Dollar Little Moved on Chair Powell’s Testimony, EUR/USD and GBP/USD Sentiment Analysis

Posted by By 09/07/2024Posted inForex
US Fed Chair Jerome Powell’s semiannual testimony to Congress has produced little of note so far, leaving US dollar traders looking ahead to Thursday’s inflation report
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US Crude Oil Prices Retreat As Storm Beryl Spares Texas Infrastructure, Powell Up Next

Posted by By 09/07/2024Posted inForex
The storm was less disruptive than it might have been, leaving supply worries looking overdone.
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​​​​​​Nasdaq 100 and Nikkei 225 hit new highs, while Dow lags behind

Posted by By 09/07/2024Posted inForex
Tech stocks have powered gains for the Nasdaq 100 and the Nikkei 225, but the Dow’s more mixed performance continues.
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Japanese Yen (USD/JPY) – Bond Buying, Rate Expectations, and Fed Chair

Posted by By 09/07/2024Posted inForex
The Bank of Japan may not hike interest rates this month but may begin to pare back its bond-buying program
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Bank of England’s Impact on the British Pound

Posted by By 09/07/2024Posted inForex
Bank of England's Impact on the British Pound
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USD/JPY and GBP/JPY – Latest Sentiment Analysis and Charts

Posted by By 08/07/2024Posted inForex
The outlook for USD/JPY remains mixed while GBP/USD could move lower, according to our latest retail sentiment analysis
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Gold (XAU/USD) Slips After the PBoC Step Back from Buying for the Second Month

Posted by By 08/07/2024Posted inForex
The price of gold slipped Monday after data showed that the People’s Bank of China (PBoC) left its gold reserves untouched in June.
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Australian Dollar Returns Some Gains But Stays Close To Year’s Highs

Posted by By 08/07/2024Posted inForex
As long as the Reserve Bank of Australia looks likely be among the last majors to cut rates, it’s hard to see the Aussie falling far
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​​FTSE 100, DAX 40 and CAC 40 drop on surprise far-left French election win

Posted by By 08/07/2024Posted inForex
​​​Outlook on FTSE 100, DAX 40 and CAC 40 as France faces uncertainty around a hung parliament.
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Euro (EUR/USD) on Edge After Surprise French Election Result

Posted by By 08/07/2024Posted inForex
In a shock result, the left-wing New Popular Front (NPF) beat both the right-wing National Rally (RN) and President Macron’s Ensemble alliance to gain the most seats in the National…
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