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Japanese Yen Holds Ground Against US Dollar as Fed Forum Nears. Where to for USD/JPY?

Posted by By 24/08/2022Posted inForex
The Japanese Yen has steadied against the US Dollar ahead of the Federal Reserve conclave in Jackson Hole later this week. If they signal a policy shift, will USD/JPY recalibrate?
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AUD/USD Carves Bullish Outside Day Candle Ahead of US PCE Report

Posted by By 24/08/2022Posted inForex
AUD/USD may stage a rebound ahead of the update to the US Personal Consumption Expenditure (PCE) Price Index as it carves a bullish outside-day candle.
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Dow Jones, S&P 500 Outlook: Retail Traders Rethink Wall Street Exposure as Prices Fall

Posted by By 24/08/2022Posted inForex
Rethinking a 2023 Fed pivot has not been the only thing in retail traders’ minds. Losses on Wall Street have seen them increase Dow Jones and S&P 500 long exposure.…
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USD/CNH Cools After Hitting Fresh 2022 High as Markets Await Fed Talk

Posted by By 23/08/2022Posted inForex
The Chinese Yuan fell to its lowest level against the US Dollar since August 2020 as China's economic woes compete against a tightening Fed.
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EUR/USD Eyes December 2002 Low After Failing to Defend July Low

Posted by By 23/08/2022Posted inForex
EUR/USD is on track to test the December 2002 low (0.9859) as the exchange rate fails to defend the July low (0.9952).
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New Zealand Dollar Forecast: Potential for Turn Higher – Setups for NZD/JPY, NZD/USD

Posted by By 23/08/2022Posted inForex
New Zealand economic data momentum has been steadily improving over the past few months.
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S&P 500, Nasdaq, Dow Grind Support as Markets Weigh Disappointing Data

Posted by By 23/08/2022Posted inForex
US Indices grinded at support after discouraging data highlights recession fears and questions persist around the pace of the next FOMC moves.
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Crude Oil Price Forecast: The Downtrend May Be Over – What’s Next?

Posted by By 23/08/2022Posted inForex
Crude oil prices can’t seem to catch a bid.
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Central Bank Watch: Fed Speeches, Interest Rate Expectations Update; Jackson Hole Preview

Posted by By 23/08/2022Posted inForex
Fed policymakers have been pushing back against the notion that the rate hike cycle is finished.
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Gold Price Forecast: Gold Breakdown Pivots Back for Resistance Test

Posted by By 23/08/2022Posted inForex
Gold prices have been on the move in Q3, first threatening a major breakdown and then jumping from key support. Bears are back on the prowl.
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