Australian Dollar Traders Higher Alongside Dow Jones Before Powell Speech
The Australian Dollar benefited from an overnight risk-on move in New York. APAC markets may trade higher as traders prepare for Jerome Powell's speech.
EUR/USD Holds Above December 2002 Low to Keep RSI Out of Oversold Zone
EUR/USD may continue to recover over the coming days as the Relative Strength Index (RSI) manages to hold above oversold territory.
S&P 500, Nasdaq, Dow Rally – Unfazed by Hawkish Rhetoric
US Indices ended in positive territory for the second consecutive day amid stronger-than-expected economic data, but despite hawkish comments from Fed officials.
US Dollar Forecast: DXY Index, USD/JPY Wait on Jackson Hole
Fed Chair Jerome Powell’s Jackson Hole speech will likely catalyze a more significant move in the major USD-pairs.
Gold Price Forecast: Pinned Near Trendline Resistance – Levels for XAU/USD
Gold prices are stuck ahead of Jackson Hole.
Central Bank Watch: BOE & ECB Interest Rate Expectations Update
Inflation pressures are worsening in the Eurozone and the UK as the energy crisis mounts ahead of the winter months.
Nasdaq 100 Leads Stocks Higher as Jackson Hole Symposium Kicks Off
Stocks push higher on light volumes as traders look to the beginning of the Jackson Hole Symposium.
Bitcoin Outlook: BTC/USD Stagnates Ahead of Fed Chair Powell’s Speech
Bitcoin attempts to climb higher despite elevated geopolitical risks. PCE, Sentiment and Fed Chair Jerome Powell’s speech takes center stage with Jackson Hole underway.
Canadian Dollar Price Forecast: USD/CAD Divergence from USD/DXY Trends
The US Dollar has gained as much as 22% since last May - but USD/CAD has only gained as much as 10% - and remains in a longer-term bear flag…
EUR/USD Technical Analysis: Treading Water Around July Lows
The EUR/USD came back to parity as anticipated, now treading water around the July lows; price action is weak at the moment and hints and lower levels.