EUR/USD Technical Analysis: New Lows Seen as Coming Soon
The Euro continues to be stronger relative to some of the other currencies, but anticipated to continue declining to new cycle lows against the Dollar.
USDCAD Charges Higher as Canadian CPI Comes in Soft
Headline and core CPI in Canada comes in softer than expected, offering some respite to the domestic economy.
USD/JPY Forecast: Japanese Inflation Unlikely to Sway BoJ into Policy Change
USD/JPY remains under pressure as intervention hopes dwindle with the Bank of Japan and Federal Reserve meetings threatening to push the pair higher.
British Pound Latest: GBP/USD Rebound Looks Tepid Ahead of Fed and BoE Decisions
Cable is trying to push higher after printing a near four-decade low last week but momentum is already starting to fade.
Euro Price Forecast: Shocking German PPI Data Unable to Deter EUR Upside
The euro has been grinding higher but tomorrow’s FOMC meeting could change its fortunes as EUR/USD manages to hold its head above parity.
Euro Goes 1-on-1 with US Dollar as Markets Prep for Rate Hikes from Fed and Elsewhere
The Euro is equal to 1 US Dollar as markets strap in for an abundance of central bank action this week with the Fed being the headline act. Will a…
S&P 500 Volatility, Rising US Yields and Deepening Housing Recession Overshadowed by Fed Wait
There were a few market holidays to start this week, but the fundamental wheels have not stopped turning. With rate speculation and recession fears swelling, the only thing keeping volatility…
Hang Seng and Shanghai Composite Index Technical Outlook: At Crossroads
The Hang Seng Index is at a major support level, while the Shanghai Composite Index has witnessed a trend breakdown. What is the technical outlook for the indices?
Gold Prices Hinge on FOMC Decision as Speculators and ETF Traders Sour on XAU
Gold prices are little changed ahead of the Federal Reserve’s interest rate decision. Speculators and ETF traders are losing confidence in the XAU trade as global rates tighten. The BoE…
Australian Dollar Steady After RBA Meeting Minutes Ahead of Fed and BoJ
The Australian Dollar is caught up in the whirlwind of central bank actions this week as the RBA meeting minutes support higher domestic rates. Where to for AUD/USD?