Forex

Gold has inched higher in a period of US Dollar weakness as the market assesses the prospects of the Fed's rates path ahead of today's all-important US CPI. Higher XAU/USD?

Recent developments in the RSI raises the scope for a larger pullback in USD/JPY as the oscillator falls back from overbought territory to indicate a textbook sell signal.

The Dow Jones soared ahead of the US CPI report, opening the door for the Nikkei 225 and Hang Seng Index to start Tuesday’s trading session on an upbeat.

The risk-sensitive Australian Dollar rose against a broadly weaker US Dollar as traders prepared for a decline in US CPI. Australia's consumer confidence data poses a risk to APAC sentiment.

USD/CAD may continue to give back the advance from the August low (1.2728) if the exchange rate fails to hold above the 50-Day SMA (1.2954).

U.S. equity indices rose for the fourth consecutive day, reaching two-week highs ahead of August U.S. CPI data., which could decisively confirm that inflation has peaked.

Gold is poised for a break with XAU/USD contracting into yearly downtrend resistance ahead of key inflation data. Levels that matter on the weekly technical chart.

Technical weakness is setting in ahead of the August US inflation report.

The middle of September has inflation data and labor markets in focus.

The EUR/USD starts the week on the front foot, supported by hawkish ECB commentary and risk-on sentiment in the markets ahead of the release of the August US inflation report…