USD/CAD Technical Outlook: Continuing to Extend, Levels to Watch
USD/CAD is momentum breakout mode, and appears poised to continue trending; levels and lines to watch.
DAX and FTSE Eke Out Gains in the Face of Risk-Off Sentiment, Downside Risks in Play
The indexes eked out gains as the market mood soured. Will the FOMC provide a timely boost for equities?
Euro (EUR/USD) Wilts Again As Putin Ups Ante, Forcing Focus From Fed
EUR/USD is back firmly below parity as Russian President Vladimir Putin appears to dampen any chance of peace in Ukraine
US Dollar Rallies Further on President Putin’s Warning, Fed Decision in View
The US dollar grabbed a strong safety bid as Europe opened today after Russian President Vladimir Putin escalated action in Ukraine.
Breaking News: Mobilization Declaration by President Putin Spooks Markets, Risk Off
President Putin has issued warnings to the West while announcing the deployment of additional troops to Ukraine, resulting in investors fleeing for safety.
Canadian Dollar Sinks as US Dollar Climbs Ahead of Fed Conclave. Where to for USD/CAD?
The Canadian Dollar continues to slide as the market prepares for a Fed hike in rates later today that has already boosted Treasury yields and the US Dollar. New highs…
Crude Oil Price Forecast: FOMC, Putin Speech, Inventory Data in Focus
The FOMC is in focus for crude oil traders as markets digest inventory data and prepare for a speech by Russian President Vladimir Putin.
FOMC Decision Scenarios and Potential S&P 500, Dollar Impact
We are heading into a trading session principally defined by a heavily weighted event risk: the FOMC rate decision. Whether the central bank hikes 75 or 100 basis points matters…
USD/JPY Recovery Emerges Ahead of Federal Reserve Rate Decision
USD/JPY may continue to retrace the decline from the yearly high (144.99) as the Federal Reserve is expected to deliver another 75bp rate hike.
Gold Prices Brace for the Federal Reserve, Will Chair Jerome Powell Damage XAU/USD?
Gold prices fell alongside the S&P 500 as the US Dollar outperformed. Traders are positioning themselves for the Federal Reserve. Will Chair Jerome Powell cause gold some damage?