EUR/USD Pushes Back to Parity but Can Euro Bears Leave it Behind?
EUR/USD is back to parity and no, it's not groundhog day. The big figure is taking some time for bears to leave behind but the next week's economic calendar is…
EUR/USD Technical Analysis: New Cycle Low Anticipated Soon
The EUR/USD came off channel resistance and looks poised to continue on lower; could get a bounce soon after the new, but if not looking for 95.
S&P 500, Dow Jones, Nasdaq 100 Outlook: Yesterday Showed Market Still Too Optimistic
U.S. stocks were crushed yesterday on CPI, showing the market is still too optimistic; technical levels to know as down-move set to continue.
DAX and FTSE Mixed as Markets Take a Breath Following Yesterday’s Selloff
The indexes are mixed following yesterday’s selloff, with investors looking at the Federal Reserve meeting for its next cues.
Gold Price Outlook – Struggling to Hold Support as Bond Yields Soar
The relentless rise in US bond yields is weighing on the price of gold and the next break lower could see lows made in April 2020 come into play.
US Equities Update: S&P 500, Nasdaq Attempt to Halt Declines after CPI
Higher than expected US inflation data sent risk assets tumbling yesterday as the Fed receives further ammunition to hike rates aggressively next week
USD/JPY Whipsaws as Japanese Officials Are Seen Stalking the Market
The Japanese Yen is highly volatile against the US dollar on talk that Japanese officials are closely watching moves in the foreign exchange market.
Euro Price Forecast: Fed to Out-Hawk ECB Leaving EUR Exposed
EUR/USD is trading marginally higher this morning as the EC President speaks after which U.S. PPI dominates the economic calendar.
GBP Breaking News: BOE Expected to Remain Hawkish Despite UK Inflation Drop
The annual inflation rate declined this month in the UK yet a lot more is needed for the BOE to pivot from its rate hike trajectory.