British Pound Latest: GBP/USD Still Looks Likely to Re-Test Lows
The overnight weakness in the US dollar has given cable a short-term reprieve and slowed the multi-month sell-off. But for how long?
US Dollar Resting Near Historical Highs as Markets Digest Fed Stance. New Peak for DXY?
The US Dollar gave up some ground today but remains at elevated levels. Crude oil prices rose on supply woes as EU energy crisis continues to play out. Will DXY…
Crude Oil Price Lifted by Supply Constraints in Several Key Markets. Where to for WTI?
Crude oil squeezed higher as several countries faced difficulties getting production to market as the US-Iran deal faltered. Will the impending Northern winter push WTI higher?
EUR/USD Rate Outlook: Euro Area CPI Report in Focus
Fresh data prints coming out of the Euro Area may generate a rebound in EUR/USD as the Consumer Price Index (CPI) is anticipated to show higher inflation.
Japanese Yen Under Pressure as USD/JPY Climbs After Jackson Hole, Will Nikkei 225 Slump?
The Japanese Yen resumed its slide against the US Dollar as traders continued bidding up USD/JPY after Friday’s Jackson Hole Economic Symposium. Will the Nikkei 225 extend its slump ahead?
S&P 500, Nasdaq, Dow Trim Earlier Losses
US Indices managed to retrace most early-session losses at the start of the week, but still ended the day lower, weighed by monetary policy fears.
FX Week Ahead – Top 5 Events: China Manufacturing PMI; Eurozone Inflation Rate; Canada GDP; US ISM Manufacturing; US NFP
The final days of August and early days of September will feature a smattering of growth, inflation, and jobs data from Europe and North America.
British Pound Forecast: GBP/USD Hit by UK Recession Risks and Fed Hawkishness
Sterling maintains a bearish outlook against the U.S. dollar from a fundamental and technical standpoint, suggesting that the British currency could continue to lose ground in the FX market.
Dow Jones Index: DJI Dragged Down by Stronger USD and Rising Yields
Dow Jones futures continues to test the 32,000 psychological level as rate hike expectations and rising yields weigh on global equities, supporting US Dollar strength.